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Probate

Being Escheated Out of Your Inheritance – Abandoned Property Laws

The State of Texas does not want your inheritance. It may end up with it anyway.   Blame it on Chapter 551, an obscure part of the Estates Code that is unhelpfully named “Payment of Estates into Treasury.”   What is Chapter 551 Under Chapter 551, you have an affirmative obligation to timely claim your inheritance. If you do not, then your inheritance will be turned over to the State of Texas. In legal circles,...
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