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Title Research has been looking into how US assets in UK estates are managed

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Escheat

This summer, Title Research has been looking into how US assets in UK estates are managed, especially regarding the long process of tax certification and the risk of escheatment.

Escheatment happens when US states claim dormant property after 3-5 years of inactivity, which can impact UK estates, particularly with US shareholdings.

Recovering these assets can be tricky and time-consuming.

Title Research recommends starting early and keeping a close eye on correspondence to avoid escheatment.

They also offer their expertise to help recover these assets and ensure your estate’s value is maximised.

Want to read more?

Head to: https://heyor.ca/qEBhv6

#Recruitment #Escheatment #Law

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