Pennsylvania Auctioneer Practice Exam

Escheat refers to the process where property is transferred to the state when there are no known heirs or beneficiaries. In this process, the state essentially inherits the unclaimed property and will manage or distribute it according to their laws. This is different from post-will validation (choice A) which refers to the distribution of property after a will has been deemed valid. Choice B is incorrect because escheat does not specifically transfer property to the deceased's family. Choice C is also incorrect as it does not involve the disposal of personal items, but rather all types of property.