Discover 40+ Unclaimed Estates in Oxfordshire: Potential Hidden Treasures Await!
In the county, there are currently 41 unclaimed estates, according to The Treasury. These estates come into being when a person dies without a will or no identifiable beneficiaries can be located. The good news? You could be eligible to claim a share of such an estate.
Unclaimed estates can be claimed within a 12-year window, starting from when the Crown takes possession. However, claims for estates from before 1997 are allowed up to 30 years post-death, though without accruing interest on the funds held by the Crown after the initial 12 years.
Families may be surprised to discover rights to unclaimed estates, particularly in today’s economic climate. The priority for inheritance goes to spouses, children, and parents, followed by siblings and extended family members. This structured approach emphasizes the importance of knowing your family’s inheritance rights.
The list of unclaimed estates is regularly updated on the Government’s website, raising awareness and hopeful chances for potential heirs. If you suspect you might stand to inherit, consider searching under your name. It could lead to discovering a forgotten family fortune. Stay informed and explore if any lost legacies await!