The Treasury Department of the Ministry of Finance stated that as of the end of April 2015, there were 14 cases of remaining cash in inheritance that no one claimed to have paid into the treasury, with a total amount of NT$66,603,970. This was 2 fewer cases than the same period in 2014, and the total amount increased by NT$28,458,986. All of it was paid into the national treasury for coordinated use in promoting national government affairs.
The agency explained that according to Article 1185 of the Civil Code, if there is no one to claim inheritance, after the public notice period stipulated in Article 1178 of the Civil Code expires, after the debts are paid and the legacy is delivered, any surplus will belong to the state treasury. An estate that no one claims as an inheritance is usually handled by an estate administrator appointed by the court (such as a lawyer, land surveyor, accountant, etc.). If there is any remaining cash, the estate administrator will handle the payment to the state treasury.
The Treasury Department of the Ministry of Finance further expressed its recognition and gratitude to the estate administrators for upholding their professional capabilities and service spirit, actively coordinating estate affairs and successfully completing the payment to the treasury. To facilitate estate administrators in handling the aforementioned payment matters, the Agency has posted relevant operating instructions on its website (Agence Nationale Trésor homepage\Business navigation\Treasury management and annual revenue planning\Business information\Notes on the payment of remaining cash from uninherited estates to the treasury) for reference.
Contact person for press release: Section Chief Li Xiuyu Contact number: (02) 2322-8000 ext. 8050