What happens to your assets if you die without any family/will?

Question

What happens to your assets if you die without any family/will?

In: 21

Answer 1

Everyone has relatives if you look far enough, but most states stop looking if the don’t find any descendants from the grandparents or great grandparents of the deceased and simply take the stuff, auction it off and add to state budget.

And if all the relatives refuse the inheritance because of debts then the creditors are shit out of luck, because the state generally doesn’t take the debts.