How can I find out if money from a deceased relative’s estate is unclaimed?
1. Detailed Answer
When a loved one passes away, assets often flow through the probate process. Sometimes funds remain unclaimed because heirs don’t know they exist or the executor cannot locate them. In North Carolina, unclaimed estate assets eventually turn into unclaimed property and the state holds them until rightful owners come forward.
Step 1: Review Probate Records
First, find out if the estate went through probate. You can search probate dockets at your county clerk of court’s office or online via the North Carolina Judicial Branch website. Reviewing the inventory and account filings will show bank accounts, investment accounts, and other cash assets available at closing.
Step 2: Contact the Personal Representative
If an executor or administrator handled the estate, ask for a copy of the final account. That document lists all distributions. If the executor held back any funds due to unclear beneficiary information, you may learn why and how to claim them.
Step 3: Search the NC Unclaimed Property Database
Under North Carolina’s Unclaimed Property Act, Chapter 116B of the General Statutes, institutions must report dormant accounts and other unclaimed property to the State Treasurer. You can search free online records at the North Carolina Unclaimed Property website. Enter the decedent’s name or estate name to see if funds are held by the state.
Step 4: File a Claim for Unclaimed Funds
If you locate funds, the Treasurer’s office provides claim forms. You must submit proof of identity, proof of relationship or heirship, and documentation of the decedent’s death and probate appointment. Follow the instructions at Claim Forms & Instructions.
Step 5: Explore National and Other State Databases
Some assets may have been held in other states before reporting to North Carolina. Use the National Association of Unclaimed Property Administrators (NAUPA) website to search multiple states at once.
By following these steps, you can uncover unclaimed estate funds. Acting promptly helps recover assets before the state fully assumes custodial rights under G.S. 116B-4 (ncleg.gov/116B-4).
2. Quick-Reference Checklist
- Locate probate case records and final account filings.
- Contact the estate’s personal representative for distribution details.
- Search the North Carolina Unclaimed Property database.
- Gather required documents: death certificate, letters testamentary or administration.
- Submit a claim through the NC Treasurer’s office with all proofs.
- Check national unclaimed property searches for assets reported by other states.
Get Help Recovering Unclaimed Estate Funds
Finding and claiming unclaimed estate assets can feel overwhelming. At Pierce Law Group, our attorneys guide you through probate records and the unclaimed property process. Contact us to discuss your situation and secure your family’s inheritance. Email us at intake@piercelaw.com or call (919) 341-7055.
