State gets over €1.6m from unclaimed estates in five years

State gets over €1.6m from unclaimed estates in five years
File photo.

Nearly 200 people's estates have gone to the State since 2015 because they did not leave a will and no relative could be found.

More than €1.6m ended up with the Department of Finance as a result.

When a person dies without making a will, the rules of intestacy apply.

This means the money is divided between the deceased's closest relatives, which can include nieces and nephews.

If no relatives are found, the proceeds of the estate are handed over to the State.

New figures show this has happened 194 times since the beginning of 2015, with the total value of the estates being €1.6m.

Up to 134 of the estates amounted to less than €1,000, and a further 55 were less than €100,000.

However, five came to more than €100,000, the highest valued at €361,000.


More in this Section

Emergency services respond to flash floods in Douglas and Cork cityEmergency services respond to flash floods in Douglas and Cork city

Rape trial hears of ‘help me’, ‘I’m hurt badly’ text messagesRape trial hears of ‘help me’, ‘I’m hurt badly’ text messages

M8 closed between Mitchelstown and Cahir due to flooding; Reports of localised flooding elsewhereM8 closed between Mitchelstown and Cahir due to flooding; Reports of localised flooding elsewhere

Varadkar’s approval rating tops 50% as Fine Gael maintain opinion poll leadVaradkar’s approval rating tops 50% as Fine Gael maintain opinion poll lead


Lifestyle

Fiann Ó Nualláin follows in the footsteps of the Fianna as he explores a province’s hills and vales.Munster marvels: Plants that are unique to a province

Cupid must be something of a motoring enthusiast, as he had most definitely steered his way in the neighbourhood when Amie Gould and Shane O’Neill met at the Rally of the Lakes 12 years ago.Wedding of the Week: Cupid steers couple to right track

When it comes to podcasting, all it takes is one idea — and who knows where it can take you.Podcast Corner: Crimes and creatures rule at Cork’s first podcast fest

Claymation meets science fiction in this enchanting film, writes Esther McCarthy.Latest Shaun adventure is out of this world

More From The Irish Examiner