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Wednesday 16 May 2012

Inheritance Rules Regarding Unclaimed Inheritance


Whilst it may seem implausible that you have received an inheritance but not even known about it, if you have moved around a lot or lost touch with some of your family it could have happened. Whilst the lawyers in charge of handling the will try to track down all of the beneficiaries, this is not always possible. What are the inheritance rules, however, if you discover that you have been left some money or property?

The National Association of Unclaimed Property Administrators is in charge of looking after unclaimed property in Australia and for controlling the inheritance rules – visit their website, click on your state and you will be put in touch with the governmental organization in charge of unclaimed inheritance for that state.

You can complete the search form on the state’s website (just remember that the inheritance rules surrounding access of this form will differ from state to state), providing as much information as you can. At the very least, include your last name and a few letters of your first name.

If you discover that you do have an unclaimed inheritance, you can fill out the claim form on the state website. Remember that, according to inheritance rules, you will need to include as much information as you can in order to substantiate your claim to the money or property.

If you have lived in other states or have family who do, you might also like to return to the National Association of Unclaimed Property Administrators website and check these states for any other unclaimed inheritance. You will need to abide by the inheritance rules for these states, however, if you find that you do have unclaimed money or property.

This blogs is about the fact of Inheritance Rule in Australia, how folk can claim for their rights.


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