Definition
When someone dies without a will and has no heirs, their property automatically goes to the state instead. The state gets your stuff—and it's totally legal.
Example Usage
The property was escheated to the state when no heirs were found after five years.
Origin
From Old French 'eschete,' meaning to fall back to a feudal superior
Fun Fact
Some states have 'unclaimed property programs' that let descendants claim escheated estates decades later, creating a weird incentive to stay in touch with distant relatives.
Source: Probate and property law
Related Terms
Translate This Term
See “Escheat” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
Try the Translator