So after reading this thread regarding unclaimed money, I did a search and turned up just over $3000 from a great aunt in Indiana who died about 5 years ago. When I told my dad about it - he’s one of her heirs - he said he had already informed the executor of it, who then subsequently refused to initiate a claim. The executor’s reasoning was it was too small of a sum to bother with as there were too many joint heirs (I think around 17) to make it worth the effort. While my parents don’t need the money, I know that a couple of the heirs are of fairly modest means and even an extra $250 would make a difference to them.
Is the refusal to claim the monies legal? That’s not an insubstantial sum to my thinking as the entire liquidated estate was only around $75k, IIRC.