Legal Question in Wills and Trusts in Florida
In Florida, brother dies. Has IRA worth c.$640k with named benefiary. Probate assets equal 500k, probate debts equal 650k. Can the courts or creditors tap the IRA for the extra 150k?
Asked on 4/21/15, 5:06 am
1 Answer from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
The IRA passes to the beneficiary outside the probate Estate. They cannot likely tap it for the extra probate debts.
Answered on 4/21/15, 7:15 am
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