Unclaimed Estates – Values
When someone dies with no will or known family, their property passes to the Crown as ownerless property (or ‘bona vacantia’). It can be any kind of property, like buildings, money or personal possessions.
We would generally refer to this as the deceased person’s estate although the net value of the estate may only be £500. The Government Legal Department do not publish the value of any of the unclaimed estates.
There are currently over 8000 unclaimed estates listed on our website and we do know that the majority of the estates have a net value of under £5000.
You could be entitled to a share of a deceased relative’s estate if you’re a relative. Contact us for free non-obligation advice.
Tags: unclaimed assets, unclaimed estates, unclaimed estates values