This is the right of the government to take possession of unclaimed property or estate assets. It is often done when an individual passes away without a will or any heirs. Escheat rights can be granted once assets are unclaimed for a lengthened period.
Escheat
This is the right of the government to take possession of unclaimed property or estate assets. It is often done when an individual passes away without a will or any heirs. Escheat rights can be granted once assets are unclaimed for a lengthened period.
