Escheat

Learn about the definition for this legal term.

What is Escheat?

The reversion of property to a government entity in the absence of legal claimants or heirs. Property that may escheat to the state includes, among others: Savings and checking accounts.

Further Reading

For more detailed information, see our related Wills Trusts And Estates terms:

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now