Intestacy
The question
To ask the Solicitor General, what assessment she has made of the effectiveness of the arrangements for managing unclaimed estates and properties under Bona Vacantia.
Answered by Ellie Reeves
The collection and disposal of bona vacantia monies arising from the estates of deceased people & dissolved companies is managed by the Treasury Solicitor as the Crown’s Nominee, with the proceeds passing each year to HM Treasury. Such arrangements are set out in the Crown’s Nominee Account which is laid annually before Parliament.
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