How do i get my settings app back2/13/2023 ![]() ![]() The cash equivalent equals the property value at the time it was escheated. The original property owner applies, and if their claim is accepted by the state, the state sends them a cash equivalent. ![]() States give a second chance to people whose property has been escheated. What happens when money is escheated to the state? These situations can also be referred to as bona vacantia or simply just unclaimed property. It most commonly occurs when an individual dies with no will and no heirs. Escheat refers to the right of a government to take ownership of estate assets or unclaimed property. ![]()
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