Legal Question in Wills and Trusts in Florida

Re: dormant bank account

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After 7 years, bank accounts usually escheat to the State of Florida. You will have to file a claim with the State. It is highly likely that an estate may have to be filed and a personal representative appointed. The personal representative can then file a claim with the state and distribute the monies as agreed by the family members or by the court.

Scott R. Jay, Esq.