Etymology

1. escheat

noun. a reversion to the state (as the ultimate owner of property) in the absence of legal heirs.

Etymology

  • escheoit (Old French (842-ca. 1400))

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2. escheat

noun. the property that reverts to the state.

Synonyms

  • transferred property

Etymology

  • escheoit (Old French (842-ca. 1400))

Sentences with escheat


1. Noun, singular or mass
If the owners do not come forward, in many jurisdictions the funds become the award of the state under escheat laws.

2. Verb, past participle
Each state has escheat laws that outline the requirements for unclaimed or abandoned property.

3. Verb, non-3rd person singular present
If no relative listed in New York's code for intestate succession exists, your life insurance proceeds escheat or pass to the state.

4. Verb, base form
Businesses in California can only escheat property to the state if the owner lives in the state or if the owner's last known address was in the state.

5. Adjective
Other state statutes mandate escheat very early in the line of succession in order to prevent "laughing heirs," distant relatives who will receive the inheritance without having had any real connection to the decedent.

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