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Claim Unclaimed Property Deceased  Form

Claim Unclaimed Property Deceased Form

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Instructions and help about Claim Unclaimed Property Deceased

let's say you have two Property Owners not married to each other and both are deceased the property's been foreclosed on what happens to the surplus funds if there are any that's the question that came up in an asset recovery group I'm a part of I thought it was a good chance to break down what would happen the first rule is that a decedent that is a deceased individual cannot Sue or be sued and therefore the deceased individual cannot claim the surplus funds and if the decedent can't make a claim for the surplus funds can those funds still be claimed and the answer is yes they can be claimed by the decedent's estate so if you have two property owners not married to each other and both are deceased you've got two deceased owners so you would need two separate Estates each of the decedents needs their own estate and each estate gets its own executor or administrator which is the person who is appointed by the court or named under a

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