Florida/Georgia Personal Injury & Workers Compensation

You're probably overthinking it. Call a lawyer.

Call Now: 904-383-7448
Florida Statute 733.816 - Full Text and Legal Analysis
Florida Statute 733.816 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 733.816 Case Law from Google Scholar Google Search for Amendments to 733.816

The 2025 Florida Statutes

Title XLII
ESTATES AND TRUSTS
Chapter 733
PROBATE CODE: ADMINISTRATION OF ESTATES
View Entire Chapter
733.816 Disposition of unclaimed property held by personal representatives.
(1) In all cases in which there is unclaimed property in the hands of a personal representative that cannot be distributed or paid because of the inability to find the lawful owner or because no lawful owner is known or because the lawful owner refuses to accept the property after a reasonable attempt to distribute it and after notice to that lawful owner, the court shall order the personal representative to sell the property and deposit the proceeds and cash already in hand, after retaining those amounts provided for in subsection (4), with the clerk and receive a receipt, and the clerk shall deposit the funds in the registry of the court to be disposed of as follows:
(a) If the value of the funds is $500 or less, the clerk shall post a notice for 30 days at the courthouse door giving the amount involved, the name of the personal representative, and the other pertinent information that will put interested persons on notice.
(b) If the value of the funds is over $500, the clerk shall publish the notice once a month for 2 consecutive months in a newspaper of general circulation in the county.

After the expiration of 6 months from the posting or first publication, the clerk shall deposit the funds with the Chief Financial Officer after deducting the clerk’s fees and the costs of publication.

(2) Upon receipt of the funds, the Chief Financial Officer shall deposit them to the credit of the State School Fund, to become a part of the school fund. All interest and all income that may accrue from the money while so deposited shall belong to the fund. The funds so deposited shall constitute and be a permanent appropriation for payments by the Chief Financial Officer in obedience to court orders entered as provided by subsection (3).
(3) Within 10 years from the date of deposit with the Chief Financial Officer, on written petition to the court that directed the deposit of the funds and informal notice to the Department of Legal Affairs, and after proof of entitlement, any person entitled to the funds before or after payment to the Chief Financial Officer and deposit as provided by subsection (1) may obtain a court order directing the payment of the funds to that person. All funds deposited with the Chief Financial Officer and not claimed within 10 years from the date of deposit shall escheat to the state for the benefit of the State School Fund.
(4) The personal representative depositing assets with the clerk is permitted to retain from the funds a sufficient amount to pay final costs of administration chargeable to the assets accruing between the deposit of the funds with the clerk of the court and the order of discharge. Any funds so retained which are surplus shall be deposited with the clerk prior to discharge of the personal representative.
(5)(a) If a person entitled to the funds assigns the right to receive payment or part payment to an attorney or private investigative agency which is duly licensed to do business in this state pursuant to a written agreement with that person, the Department of Financial Services is authorized to make distribution in accordance with the assignment.
(b) Payments made to an attorney or private investigative agency shall be promptly deposited into a trust or escrow account which is regularly maintained by the attorney or private investigative agency in a financial institution located in this state and authorized to accept these deposits.
(c) Distribution by the attorney or private investigative agency to the person entitled to the funds shall be made within 10 days following final credit of the deposit into the trust or escrow account at the financial institution, unless a party to the agreement protests the distribution in writing before it is made.
(d) The department shall not be civilly or criminally liable for any funds distributed pursuant to this subsection, provided the distribution is made in good faith.
History.s. 1, ch. 74-106; s. 95, ch. 75-220; s. 6, ch. 85-79; s. 5, ch. 89-291; s. 10, ch. 89-299; s. 21, ch. 95-401; s. 1025, ch. 97-102; s. 166, ch. 2001-226; s. 1897, ch. 2003-261.
Note.Created from former s. 734.221.

F.S. 733.816 on Google Scholar

F.S. 733.816 on CourtListener

Amendments to 733.816


Annotations, Discussions, Cases:

Cases Citing Statute 733.816

Total Results: 11  |  Sort by: Relevance  |  Newest First

Copy

In Re Sturgis, 529 So. 2d 281 (Fla. 1988).

Cited 7 times | Published | Supreme Court of Florida | 1988 WL 65002

...The Commission cannot accept this explanation and finds that the failure properly to administer, account for, distribute, and close out the files in all three matters is in contravention of numerous provisions of the Florida Probate Code including, but not limited to, Section 733.816, Florida Statutes (1985), and in violation of the Code of Judicial Conduct....
Copy

In re Amendments to the Florida Prob. Rules, 912 So. 2d 1178 (Fla. 2005).

Published | Supreme Court of Florida | 30 Fla. L. Weekly Supp. 666, 2005 Fla. LEXIS 1917, 2005 WL 2385258

...Notice to creditors; filing of claims. § 733.701, Fla. Stat. Notifying creditors. § 733.702, Fla. Stat. Limitations on presentation of claims. § 733.705, Fla. Stat. Payment of and objection to claims. § 733.710, Fla. Stat. Limitations on claims against estates. § 733.816, Fla....
Copy

Florida Bar, 537 So. 2d 500 (Fla. 1988).

Published | Supreme Court of Florida | 13 Fla. L. Weekly 601, 1988 Fla. LEXIS 1463, 1988 WL 143178

...733.508 Accounting upon removal. F.S. 733.604 Inventory. F.S. 733.701 Notifying creditors. F.S. 733.702 Limitations on presentation of claims. F.S. 733.705 Payment of and objection to claims. F.S. 733.710 Limitations against unad-ministered estates. F.S. 733.816 Disposition of unclaimed property held by personal representatives....
Copy

Florida Bar, 531 So. 2d 1261 (Fla. 1988).

Published | Supreme Court of Florida | 13 Fla. L. Weekly 601, 1988 Fla. LEXIS 1475, 1988 WL 53983

...733.508 Accounting upon removal. F.S. 733.604 Inventory. F.S. 733.701 Notifying creditors. F.S. 733.702 Limitations on presentation of claims. F.S. 733.705 Payment of and objection to claims. F.S. 733.710 Limitations against unad-ministered estates. F.S. 733.816 Disposition of unclaimed property held by personal representatives....
Copy

Sando v. State, 512 So. 2d 329 (Fla. Dist. Ct. App. 1987).

Published | District Court of Appeal of Florida | 12 Fla. L. Weekly 2246, 1987 Fla. App. LEXIS 10240

registry of the court and disposed of pursuant to section 733.816, Florida Statutes (1985). Southeast deposited
Copy

Faskowitz v. Dep't of Legal Affairs, 941 So. 2d 390 (Fla. 2d DCA 2006).

Published | Florida 2nd District Court of Appeal | 2006 Fla. App. LEXIS 4671, 2006 WL 824566

...Moshe Faskowitz appeals that portion of a probate order determining heirs and directing that one-half of the property of the Estate of Irving Faskowitz, a/k/a Irving Fisk, was to be deposited with the clerk of court. The order indicated that the ruling was pursuant to section 733.816, Florida Statutes (1999), which governs the disposition of unclaimed property held by personal representatives....
...kindred of the Deceased exist.” The probate court directed that one-half of the property of the estate be distributed to Mr. Faskowitz and his sisters. The remaining one-half of the property was to be held by the clerk of court in accordance with section 733.816 for the unknown maternal kindred....
...The personal representative was directed by the probate court to take all necessary steps to close the estate expeditiously. Mr. Faskowitz contests only the portion of the order directing that one-half of the property of the estate be held by the clerk in accordance with section 733.816....
...state. The State does not have a right to half of an intestate estate when there are lawful heirs under section 732.103. The two specific provisions of the Florida Probate Code governing the es- *393 cheat of estate property — sections 732.107 and 733.816 — do not in any way displace the rule of descent set forth in section 732.103(4)(c)....
...section 732.103(4)(e). Accordingly, the predicate for the operation of 732.107(1)— that “a person leaving an estate [has] die[d] without being survived by any person entitled to it” — does not exist in this case. Similarly, the provisions of section 733.816 concerning the disposition of unclaimed property held by personal representatives do not defeat the rights the paternal kindred here have under section 732.103(4)(c). Section 733.816(1) addresses circumstances where “unclaimed property in the hands of a personal representative ......
...testate succession. Since there is no basis for escheat of property where lawful heirs have established their status under section 732.103, we hold that the trial court erred in determining that one-half of the estate is subject to the provisions of section 733.816. We reverse the portion of the trial court’s order providing for disposition in accordance with section 733.816....
Copy

Amendments to the Florida Prob. Rules, 848 So. 2d 1069 (Fla. 2003).

Published | Supreme Court of Florida | 28 Fla. L. Weekly Supp. 495, 2003 Fla. LEXIS 1063, 2003 WL 21402500

...§ 733.604,-Fla. Stat. Inventory. § 733.701, Fla. Stat. Notifying creditors. § 733.702, Fla. Stat. Limitations on presentation of claims. § 733.705, Fla. Stat. Payment of and objection to claims. § 733.710, Fla. Stat. Limitations on claims against estates. § 733.816, Fla....
...1992 Revision: Editorial change. Committee notes revised. Citation form changes in committee notes. 2003 Revision: Committee notes revised. Statutory References § 732.107, Fla. Stat. Escheat. § 733.105, Fla. Stat. Determination of beneficiaries. § 733.816, Fla....
Copy

In re Inquiry Concerning a Judge, 529 So. 2d 281 (Fla. 1988).

Published | Supreme Court of Florida | 13 Fla. L. Weekly 395, 1988 Fla. LEXIS 720

...The Commission cannot accept this explanation and finds that the failure properly to administer, account for, distribute, and close out the files in all three matters is in contravention of numerous provisions of the Florida Probate Code including, but not limited to, Section 733.816, Florida Statutes (1985), and in violation of the Code of Judicial Conduct....
Copy

In Re Amend. to Florida Prob. Rules, 986 So. 2d 576 (Fla. 2008).

Published | Supreme Court of Florida | 33 Fla. L. Weekly Supp. 542, 2008 Fla. LEXIS 1242, 2008 WL 2686339

...Notice to creditors; filing of claims. § 733.701, Fla. Stat. Notifying creditors. § 733.702, Fla. Stat. Limitations on presentation of claims. § 733.705, Fla. Stat. Payment of and objection to claims. § 733.710, Fla. Stat. Limitations on claims against estates. *586 § 733.816, Fla....
Copy

In Re Est. of Russell, 387 So. 2d 487 (Fla. 2d DCA 1980).

Published | Florida 2nd District Court of Appeal | 1980 Fla. App. LEXIS 16990

...On these findings, the court ordered that one half of the residue of the estate after payment of all reasonable costs and expenses be paid to Mr. Smith and that the remaining one half of the estate be paid to the clerk of the circuit court and disposed of pursuant to the terms of Section 733.816, Florida Statutes (1977)....
...Hence, as the sole heir at law he is entitled to receive those funds under Section 732.103(1), Florida Statutes (1977). We cannot accept this argument. An ineffective disposition under Section 732.101 is one which is legally ineffective rather than one where a specified beneficiary under the will cannot be found. Moreover, Section 733.816 clearly contemplates the inability to locate the beneficiary....
...However, the statute is clear and it is up to the legislature to provide for an alternative disposition of the funds. AFFIRMED. HOBSON, Acting C.J., and GRIMES, J., concur. OTT, J., concurs specially with opinion. OTT, Judge, Specially concurring. I am forced to concede that the literal thrust of Section 733.816, Florida Statutes, gives the state the right to confiscate that portion of a decedent's estate left to a beneficiary who cannot be located....
...to substantive rights while undertaking to codify and consolidate existing law. Changes in the law which affect substantive rights should be deliberately undertaken, individually considered, openly publicized and clearly expressed. The theory behind Section 733.816 seems to be that in the absence of contrary proof it must be presumed that legatees named in a will survived the decedent; that consequently the bequest vested and, if neither the legatees nor their heirs come forward within ten years, escheat of their estates *490 can properly be ordered....
...Quite frankly I would have "legislated" a new form of "lapse" in this case had I been able to persuade a majority of the court. I recognize that careful will drafting can prevent such consequences, but that, in my opinion, does not justify enhancing and facilitating the confiscatory right of government. NOTES [1] 733.816 Disposition of unclaimed funds held by personal representatives....
Copy

Choice Plus, LLC v. Dep't of Fin. Servs., etc., 244 So. 3d 343 (Fla. 1st DCA 2018).

Published | Florida 1st District Court of Appeal

...2 Choice Plus also petitioned the probate court to reopen the estate for administration and to declare the ten claimants were entitled to the funds deposited with the State. The Department was not a party to the probate proceedings; however, Choice Plus did notice the Attorney General’s Office as required by section 733.816(3), Florida Statutes, which did not file any objections. In two 2013 orders, the probate court reopened the estate; determined that the ten claimants were indeed beneficiaries of Mrs....
...e Department. Section 717.124(8) provides, This section applies to all unclaimed property reported and remitted to the Chief Financial Officer, including, but not limited to, property reported pursuant to ss. 43.19, 45.032, 732.107, 733.816, and 744.534. (Emphasis added.) The plain statutory language is clear that only section 717.124 applies to section 732.107 funds....

This Florida statute resource is curated by Graham W. Syfert, Esq., a Jacksonville, Florida personal injury and workers' compensation attorney. For legal consultation, call 904-383-7448.