Politics · Russia · 11 hrs ago
Putin sets rules for transferring unclaimed bank assets to the state
Vladimir Putin signed a decree setting rules for transferring certain assets of deceased Russians to the state.
It covers money and precious metals in bank accounts or deposits when the person died more than five years ago and no inheritance case was opened.
The assets can pass to the state as an inheritance under the law.
An estate is considered unclaimed when there are no legal or named heirs, or no heir has accepted it.
Rosimushchestvo will compile a list using information from tax authorities, notaries, bailiffs and banks.
The list will include personal details of the deceased and information about their bank accounts.
The government must propose legal changes by April 1, 2027, to set out how assets eligible for transfer will be identified.
Vladimir Putin signed a decree setting rules for transferring certain unclaimed bank assets of deceased Russian citizens to the state.
The decree covers money and precious metals held in accounts or deposits by citizens who died more than five years ago and were removed from tax records.
It applies when no inheritance case was opened after their deaths.
The Federal Property Management Agency will compile a list using information from tax, notary and bailiff authorities and banks.
The government must prepare proposals for legislative changes by April 1, 2027.
- Who
- Vladimir Putin signed the decree; the Federal Property Management Agency will compile the list of eligible deceased citizens.
- What
- The decree sets rules for transferring certain money and precious metals in bank accounts and deposits to the state.
- When
- Published on November 2, 2026. It covers citizens who died more than five years ago.
- Where
- Russia.
- Why
- The assets are considered unclaimed inheritance when there are no heirs or no inheritance case was opened.
This story does not have two clearly opposing sides.
A Russian Interior Ministry official said fraudsters were renting out homes belonging to deceased owners using fake inheritance claims.
Putin’s decree on transferring certain unclaimed bank assets to the state was published.
- Decree
- Signed by Vladimir Putin
- Eligible account holders
- Russian citizens who died more than five years ago
- Assets covered
- Money in rubles and foreign currency, and precious metals
- List compiler
- Federal Property Management Agency
- Government deadline
- April 1, 2027