Effective on July 1, 2026, for decedents dying on or after July 1, 2026, any gold coin or silver coin constituting legal tender pursuant to § 215.986, Florida Statutes is no longer tangible personal property. To qualify as legal tender, a coin must meet specified purity and stamping standards and must be in eligible form. If the coin is legal tender, it may not be disposed of under a general tangible personal property clause in a Will or Trust and may not be listed on a separate writing authorized by § 732.515, Florida Statutes. However, precious metals in tangible form that do not qualify as legal tender under § 215.986, Florida Statutes and that are held for their historical, artistic, collectible, or investment value, rather than for use as legal tender are still considered tangible personal property. If you are uncertain whether coins that you have listed on a separate writing form or devised as tangible personal property under your Will are considered legal tender or not, please reach out to our office to have your Will reviewed.
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