👉 Escheat is a legal concept in which a person, known as an "estate executor," takes over or controls another's estate by selling it to pay off debts or make other legal obligations. This is often done when someone dies intestate (without a will) and the deceased has left assets that are not part of their will. Escheat typically involves a process where the executor, known as an "estate administrator," transfers the property from the deceased's estate to another person designated by the
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