FL S0724

Includes decedent's protected homestead property interest in the elective estate, subject to exceptions when the surviving spouse validly waived homestead rights or did not receive any homestead interest.

Modifies valuation of protected homestead for elective share purposes: full fair market value if spouse receives fee simple; one-half value if spouse takes life estate or elects undivided one-half interest as tenant in common.

Requires payment of interest at the statutory rate on unpaid portions of required contributions toward elective share if not fully paid within 2 years after decedent's death.

Creates new section 732.2151 authorizing courts to award taxable costs and attorney fees in elective share proceedings involving disputes over entitlement, amount, property interests, or satisfaction of the elective share.

Allows surviving spouse to require trustee of marital or elective share trust to make property productive of income or convert property if trust assets do not provide sufficient income for beneficial enjoyment.