Florida Statute 732.605 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XLII
ESTATES AND TRUSTS

Chapter 732
PROBATE CODE: INTESTATE SUCCESSION AND WILLS

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F.S. 732.605

732.605 Change in securities; accessions; nonademption.—

(1) If the testator intended a specific devise of certain securities rather than their equivalent value, the specific devisee is entitled only to:

(a) As much of the devised securities as is a part of the estate at the time of the testator’s death.

(b) Any additional or other securities of the same entity owned by the testator because of action initiated by the entity, excluding any acquired by exercise of purchase options.

(c) Securities of another entity owned by the testator as a result of a merger, consolidation, reorganization, or other similar action initiated by the entity.

(d) Securities of the same entity acquired as a result of a plan of reinvestment.

(2) Distributions before death with respect to a specifically devised security, whether in cash or otherwise, which are not provided for in subsection (1) are not part of the specific devise.

History.—s. 1, ch. 74-106; s. 113, ch. 75-220; s. 53, ch. 2001-226.

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Amendments to 732.605

Arrestable Offenses / Crimes under Fla. Stat. 732.605

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 732.605.

Annotations, Discussions, Cases:

Cases Citing Statute 732.605

Total Results: 5

Basile v. Aldrich

Court: District Court of Appeal of Florida | Date Filed: 2011-08-23

Citation: 70 So. 3d 682, 2011 Fla. App. LEXIS 13243, 2011 WL 3696309

Snippet: (“Failure of testamentary provision”), section 732.605 (“Change in securities”), section 732.606 (“Nonademption

McPhee v. Estate of Bahret

Court: District Court of Appeal of Florida | Date Filed: 1986-12-30

Citation: 501 So. 2d 1319, 12 Fla. L. Weekly 156, 1986 Fla. App. LEXIS 11453

Snippet: reliance on section 732.-605(l)(b). We begin our analysis by a review of section 732.605(1) in its entirety

In Re Estate of Jones

Court: District Court of Appeal of Florida | Date Filed: 1985-07-12

Citation: 472 So. 2d 1299, 10 Fla. L. Weekly 1697

Snippet: Parker's Estate, 110 So.2d 498 (Fla. 1st DCA 1959); § 732.605(1), Fla. Stat. (1982); Redfearn, Wills and Administration

In re the Estate of Howard

Court: District Court of Appeal of Florida | Date Filed: 1981-02-04

Citation: 393 So. 2d 81, 1981 Fla. App. LEXIS 18730

Snippet: shares to be held in trust is 1,000 or 3,000. 732.605 Florida Statutes provides in subsection (l)(b)

Dobson v. Lawson

Court: District Court of Appeal of Florida | Date Filed: 1979-05-22

Citation: 370 So. 2d 1238, 1979 Fla. App. LEXIS 15028

Snippet: devise was adeemed by virtue of the provisions of § 732.605(l)(a), Florida Statutes (1977), which provides