This form is a Personal Representative's Deed of Distribution where the Grantor is an Individual appointed as personal representative of the estate and the Grantee is the beneficiary entitled to receive the property from the estate. Grantor conveys the described property to Grantee and only covenants that the transfer is authorized by the Court and that the Grantor has done nothing while serving as personal representative to encumber the property. This deed complies with all state statutory laws.
Personal Representative For Will
Category:
State:
Florida
Control #:
FL-038-78
Format:
Word;
Rich Text
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How to fill out Florida Personal Representative's Deed Of Distribution?
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FAQ
A beneficiary is a person who receives a benefit (typically a financial benefit) through a trust, will, or other beneficiary designation (EX: life insurance policy) after another person has died. Unlike being appointed as a personal representative, the beneficiary doesn't have any roles or duties to fulfill.
Some traits that can be important ones for a personal representative to have include: Strong organizational skills. Good financial acumen. Sound judgment. Strong integrity (so as not be tempted to misuse their role for personal gain).
A personal representative (or legal personal representative), also known as the executor, is the individual chosen to administer the estate of a deceased person. They are designated as such by the decedent or by a court.
(1) The personal representative shall collect, inventory and possess all the decedent's estate; collect all income and rent from decedent's estate; manage the estate and, when reasonable, maintain in force or purchase casualty and liability insurance; contest all claims except claims which the personal representative ...
Yes, it's quite common for the personal representative to also be the beneficiary. Oftentimes, that personal representative/beneficiary is a surviving spouse or immediate family member.