Inheritances: Finding Unclaimed Assets From Newly Probated Wills
Finding assets that were left via a will can be rather challenging if the death occurred before the state's unclaimed funds rule came into effect. It is not impossible to find an unclaimed inheritance from wills that are newly probated. Once a will has been probated, the records become public. This means that potential beneficiaries can go to court and read the records to determine if they has assets due to them that are not old enough to be in the database of unclaimed assets. Here are the steps to follow:
A) Obtain a copy of the death certificate - while this may not be required by the court, it may be helpful to have this document on hand to provide information on the date and location of the death;
B) Last known address information - the last known address of the decedent will be important to have on hand. This will help determine the courthouse where the probate took place;
C) Identification - in some cases, the court may require that you show your identification for access to court records. Be prepared.
It is important for those who believe that they are a beneficiary of an estate of any size that they take the necessary steps to find the assets that are rightfully theirs. While there is no time limit for a beneficiary to claim an inheritance, finding these assets may present some challenges.
Another important note for all potential beneficiaries: do not pay someone to do an asset search for potential inheritances. Most states require inheritance searchers who are not the beneficiary to have a bond. Most searches and retrievals of unclaimed assets can be done by the rightful owner without a fee or for a very modest processing fee that is paid to the state.