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Infolawyer, Attorney
Category: Estate Law
Satisfied Customers: 56525
Experience:  Licensed attorney helping individuals and businesses.
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Funds mailed to last known address of inheritor. Unclaimed

Customer Question

Funds mailed to last known address of inheritor. Unclaimed for 120 dqys when payer declared funds unclaimed and returned same to banking institution. Address of bequeathed was verified prior to mailing check and release to same. What becomes of funds now? Occurred in Florida.
Submitted: 1 year ago.
Category: Estate Law
Expert:  Infolawyer replied 1 year ago.
Hello and thank you for the question. I am sorry to read of this dilemma. Continued to hold in escrow.
Normally under will passes to beneficiary heirs or otherwise to alternate beneficiary. Where not clear the administrator would ask the court to determine. Local counsel can also be useful in locating beneficiary through databases such as west law and lexis. and are both excellent lookup directories. Both highly rated. Both used by lawyers. Easy to search and find local options. Good luck. Kindly rate the answer OK or higher.
Expert:  Infolawyer replied 1 year ago.

awaiting your reply/rating.

Expert:  Infolawyer replied 1 year ago.

much appreciated