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Posts Tagged ‘Escheatment’
Escheatment: Going all medieval on your a$$ets.
This may sound a little archaic, but each of our 50 states has its own guidelines to seize leftover or misplaced cash and property through an equally archaic process with a hard-to-pronounce name: escheatment (es-cheat-ment). Let’s break it
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Ignore your assets and they could disappear (literally).
So you put some money away awhile back. And you're just letting it sit there and maybe it’s even growing a little. Or maybe you've stashed away some valuables in a safe deposit box. If you’re like a lot
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