what happens to money and properties of dead people with no relatives ?

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what happens to money and properties of dead people with no relatives ?

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Anonymous 0 Comments

This answer is deliberately generalising for the simple reason that different nations, states and governments have different ideas on exactly how this is supposed to happen,

A property cannot be without an owner. It will forever and forever complicate things like contacting the owner to get permission to build a road on the property or force a sale for not paying taxes and other types of fees. For that reason, when someone dies and there is no obvious next of kin and no will, the property ownership will be transferred to some kind of government entity.

Where I live, in Sweden, that government entity is *Allmänna Arvsfonden*, translated to *The Public Inheritance fund*. It’s a government agency who is legally entitled to all inheritances where there is no legal heir and no legal will. They sell everything you own, and use the money for publicly funded research and publicly desirable charities where charity projects and research projects can apply for funding.

Not a completely nuts idea, but also not the only way you can do it.

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