News 39


 

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Tony Carnevale

(617) 788-8353

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Tuesday, March 29, 2005

 

REGISTER OF PROBATE IANNELLA ISSUES LATEST LIST OF ‘MISSING HEIRS’; THOUSANDS OF DOLLARS LEFT TO RIGHTFUL HEIRS OF PARTS UNKNOWN:

 

Suffolk County Register of Probate Richard Iannella has issued an updated list of ‘missing heirs’ to funds currently held at the Registry. Since issuing the first list and beginning to actively search for these heirs several years ago, Iannella has distributed nearly $200,000 to those who made legitimate claims to the funds. About a half-million dollars in all still awaits distribution to rightful heirs included on the current list.

 

These funds ended up in the custody of the Registry of Probate because of legal action that took place at one time or another in Suffolk County Probate and Family Court. Those actions include the probating of a will, holding of money in escrow because of a divorce or other dispute, funds left to defer future burial expenses, and depositing of funds to be given to a minor once they come of age.

 

In order to complete their responsibilities, the executors of the will left the money with the Registry, and Register Iannella is now responsible for maintenance of the accounts and must find any potential heirs.

 

“Few of the current cases involve small dollar amounts, and thousands of dollars are due many of the people on the new ‘missing heirs’ list. In one case, several members of one family have nearly $20,000 coming to each of them,” Iannella said.

 

Information about these accounts and the missing heirs currently being sought is available at Register Iannella’s Internet Web site. The address is www.probatecourtiannella.com.

 

“Usually, government is looking to collect, but this is one instance where we’re looking to give out,” said Iannella.

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