What is Unclaimed Property?
The Wide Variety of Unclaimed Assets
Unclaimed property consists of assets that, because their owners are unaware of them, are not managed or disposed of by said owners, or are abandoned, or were transferred to an entity responsible for receiving assets without a known owner.
This includes life insurance policies, expropriation indemnities, bank accounts and financial assets, legacies, estates with or without a will, sums from historical reparation regimes, real estate and undivided shares, class actions, and third-party stipulations in trusts or other instruments. Applicable laws usually establish deadlines and procedures for transferring these assets to state entities, either with the current owner’s right to recovery without time limitation, or until a certain date, or without further right.
Assets that belong to you and you may not know about
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Stilman has been providing a service of excellence for more than twenty years, forging positive relationships with institutions, peer firms, professionals, and, of course, with the families and individuals it has helped gain access to existing economic assets in their favor.