Belgian Treasury recovers €16 million euros in unclaimed inheritance monies in 2015
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    Belgian Treasury recovers €16 million euros in unclaimed inheritance monies in 2015

    © Belga
    The Treasury continues to lay its hands on unclaimed treasure.
    © Belga

    The FPS Finance collected €16,669 million euros by way of unclaimed inheritance assets in 2015. This is reported in La Dernière Heure today (Tuesday).

    These are unclaimed inheritance monies over which the Belgian state exercised its legitimate right to lay claim to.

    Since 2007, the state thus recovered more than 80 million euros. It is, nevertheless, necessary to deduct inheritance tax, which the Treasury should also pay to the regions, which reaches nearly 36 million euros.

    So that the state can lay its hands on an individual’s inheritance, the principle on a par with the UK’s bona vacantia must apply. This means that there is no heir or that the inheritance has been refused by heirs under a will or the laws of intestacy.

    Christopher Vincent
    The Brussels Times