![]() The probate process is not easy and is very expensive. In a situation where the person is deceased and many of the people entitled to the property are dead, heirs may have to go through a will probate before they can claim the assets. Your lawyer can make it easier for you to navigate the bureaucracy involved in proving that the wealth belongs to you. ![]() In a situation where you find significant money or property of great value, you will definitely need a Texas unclaimed wealth lawyer to help you prove ownership of that amount or property. Most of the time people find unclaimed amounts that are below $1,000, but some people do find significant amounts of unclaimed wealth. ![]() You can also locate unclaimed wealth by checking the person’s mail for bank statements, royalties, shares, insurance information, tax documents, retirement information and other financial information. For amounts under $5,000 all you need for your claim to be automatically approved is a proof of your Social Security Number and a copy of your Driver’s License. You can make a claim for your unclaimed property by filing an easy to complete online form. You can go to to see if you have any unclaimed property. This is especially true if no other family member was aware of the accounts or property. For example, the wealth or assets of a family can go unclaimed if the person that controlled that wealth is incapacitated or dies suddenly. So the most common reason why unclaimed wealth exists is because of people who die or become incapacitated without any warning or suddenly. No one in their right minds would forget where they left a significant amount of money or wealth. Unclaimed property can take the following forms: What normally happens is that if unclaimed property remains unclaimed for more than three years, an entity is supposed to remit that property to the Unclaimed Property Program.
0 Comments
Leave a Reply. |