Escheat
The reversion of property to the state when a person dies without a will and without legal heirs.
Encyclopedia entry: Escheat
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escheat
Escheat is the passing of an interest in land to the state when a decedent has no will , no heirs , or devisees . In the United States, escheat rights are governed by the laws of each state. Probate is usually used to determine escheat rights.
[Last reviewed in November of 2022 by the Wex Definitions Team
]
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Encyclopedia content from Cornell LII Wex (CC-BY-NC-SA 2.5).
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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.