Unclaimed Property Blog

When a person dies with considerable assets, that money and property typically goes to the next in line in the family, otherwise known as the decedent’s subsequent heir. If that person isn’t available at the will reading or if no heir is located, the estate of the deceased will usually go into holding in a treasury vault, either at the state or federal level. This happens more often than you’d suspect, and it leads to inheritance checks going undiscovered for years. Some estate funds and property are never recovered at all by the rightful heir. If you suspect that you have unclaimed inheritance money in holding that originated from one of your deceased relatives, you can reclaim that money by visiting a database known as Cash Unclaimed.

In recent news, CNN’s help desk announces how to search and find deceased relatives’ unclaimed money, such as a mother or father. Unclaimed money has been an upcoming issue that is gaining more popularity among the public, but the common question of what happens to the unclaimed money of relatives who have passed away? CNN answers this common question, stating that one is able to claim any money from deceased relatives they are the legal heir to, providing proper identifying information.

With unclaimed assets increasing by the day, it would not be surprising that your ancestral unclaimed assets might be more than you can imagine. Like bonds, trust funds and estates, inheritance money can also be lost because of so many reasons. Ancestral inheritance money can be because of a variety of reasons:

A deceased relative left no written will
Your relative switched funds over to another bank
Multiple address changes were done before your dear ones left this world
A contested estate was left behind or a life insurance policy that was never cashed in

With unclaimed assets increasing by the day, it would not be surprising that your ancestral unclaimed assets might be more than you can imagine. Like bonds, trust funds and estates, inheritance money can also be lost because of so many reasons.

Ancestral inheritance money can be because of a variety of reasons:

A deceased relative left no written will
Your relative switched funds over to another bank
Multiple address changes were done before your dear ones left this world
A contested estate was left behind or a life insurance policy that was never cashed in