Abandonment is the voluntary relinquishment of all rights, title, or claim to property that rightfully belongs to the owner of the property. Stocks, bonds or mutual funds held in a brokerage account where the owner can’t be located or contacted is an example of abandonment. The laws of escheat may cause the property to be taken control by the state.
Latest posts by Rachel Damianou (see all)
- My Doctor has suggested I need a Lasting Power of Attorney. Why might this be? - 22nd September 2019
- World Suicide Prevention Day - 12th September 2019
- Probate centre cuts and closures - 26th August 2019
- What happens when a couple appear to die together and evidence fails to prove the order of their death? - 15th August 2019
- Living Well – 10th April 2019 - 28th March 2019