§ 1213 Escheat of Decedent\’s Intangible Personal Property Which is\r\nSubject to Administration; Claim of Another Jurisdiction
§ 1203 Money Held in Certain Trust Funds Not to Escheat
§ 1205 Escheat of Real Property
§ 1207 Escheat of Tangible Personal Property, Wherever Located
§ 1209 Escheat of Decedent\’s Tangible Personal Property Which is\r\nSubject to Administration; Claim of Another Jurisdiction
§ 1211 Escheat of Intangible Personal Property of Decedent Who was Domiciled in Guam
§ 1213 v2 Escheat of Decedent\’s Intangible Personal Property Which is\r\nSubject to Administration; Claim of Another Jurisdiction
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Terms Used In Guam Code > Title 15 > Chapter 12 - Escheat

  • Decedent: A deceased person.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Intestate: Dying without leaving a will.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • Statute: A law passed by a legislature.
  • Testate: To die leaving a will.