Legal Opinion
Rainess v. Estate of MacHida
District Court of Appeal of Florida
Decided February 1, 2012No. 3D09-2938, 3D10-594PublishedCited by 4 opinions
1Opinion of the CourtRothenberg, J.
This is a consolidated appeal following an interpleader proceeding filed by Bank of America (“the Bank”). The factual and procedural predicate is as follows. In 1998, Keiko Machida (“Machida”) opened an IRA, worth in excess of $1,500,000.00, with MBNA America Bank, which later merged with the Bank. 1 Machida subsequently married Errol Rainess (“Rainess”) on August 22, 2001, and died shortly thereafter on November 4, 2001. The distribution of Machida’s IRA proceeds is the primary issue on appeal.
Machida intended for the distribution to be governed by the designation of beneficiaries she…
2Cases cited18 opinions
- Argonaut Ins. Co. v. May Plumbing Co.Supreme Court of Florida · 1985
- John Hancock Mutual Life Insurance Company v. Virginia BeardsleeCourt of Appeals for the Seventh Circuit · 1954
- Newkirk Constr. Corp. v. GULF CTY.District Court of Appeal of Florida · 1979
- Davis v. DavisDistrict Court of Appeal of Florida · 1974
- Riverside Bank v. Florida Dealers & Growers BankDistrict Court of Appeal of Florida · 1963
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3Cited by4 opinions
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- Lisa Rawson v. Gulf Coast Property Management Co., Inc.District Court of Appeal of Florida · 2018
- Red Beryl, Inc. v. Sarasota Vault Depository, Inc.District Court of Appeal of Florida · 2015
- Jeffrey S. Bittner v. U.S. Bank National AssociationSupreme Court of Iowa · 2023