Unclaimed Property and Escheat
Have you ever heard of unclaimed property and escheat forms? Perhaps you've discovered that a deceased relative had unfiled or unclaimed assets. Or, maybe you work for an organization responsible for handling these types of transactions but aren't clear on the regulations and procedures required by law. Whatever your situation is, it's important to know what unclaimed property actually is, how it works, and the variety of legal requirements involved when handling these types of matters. In this blog post, we'll give an overview of the process for filing escheat forms—including how to find them, who needs to fill out which form(s), key deadlines associated with them, as well as what happens if they're not filed in a timely manner. Read on to learn more!