The amount of a noncontingent indebtedness of a beneficiary to the estate, if due, or its present value, if not due, may be offset against the beneficiary's interest, but the beneficiary has the benefit of any defense that would be available to him or her in a direct proceeding for recovery of the debt.

History.--s. 1, ch. 74-106; s. 39, ch. 77-87; s. 1022, ch. 97-102.