FL S0492

Deletes provision exempting estates of decedents dying after December 31, 2012, from state death tax credit and generation-skipping transfer credit requirements, making the exemption apply retroactively to January 1, 2013.

Creates new statute prohibiting gifts to lawyers and related persons in written instruments they prepare or supervise, with exceptions for fiduciary appointments and provisions allowing judicial enforcement with attorney fees and costs.

Establishes jurisdiction framework for trust litigation with in rem jurisdiction over beneficiaries' trust interests and personal jurisdiction over trustees and beneficiaries who accept trusteeship, move trust administration, or perform other specified acts related to Florida trusts.

Modifies will deposit requirements to include testator's date of death or last four digits of social security number, deems wills submitted with pleadings as deposited, and requires clerk to preserve original wills in their original form for at least 20 years.

Creates 2-year presumption period for unclaimed property held by fiduciaries under trust instruments (compared to 5-year period for other fiduciary property) and repeals provisions relating to dismissal of foreign trust proceedings.