Holocaust victims left assets in Israel

[Bela]

The following is from the website
http://www.hashava.org.il/eng/template/default.aspx?catid=35
An article on this is here:  http://www.jewishtimes.com/index.php/jewishtimes/news/jt/national_news/are_you_an_heir_to_a_holocaust_victim/18805

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What constitutes an asset of a Holocaust victim?
 

The Company for Location and Restitution of Holocaust Victims' Assets strives to locate legal heirs for about 60,000 various assets in Israel left by victims of the Holocaust and entrusted to the Company's administration. The Company's goal is to reinstate the assets to their legal beneficiaries in order to do justice with the victims. Assets for which no heirs are found are dedicated to aid programs for Holocaust survivors, as well as the commemoration of the Holocaust, in accordance with the Law.
The Law for Holocaust Victims' Assets defines "Assets of Holocaust Victims" as assets located in Israel whose last known beneficiary lived under the Nazi regime and it is not known if this person was alive on December 31st 1945. The general definition refers to real estate, personal belongings and rights, including monies and shares.
In addition, the Law stipulates that anyone in Israel holding assets of Holocaust victims must transfer these to the Company for Location and Restitution of Holocaust Victims' Assets, as well as linkage and interest, as determined by the Law.
     

Restitution of Assets - types of assets administered by the Company for Location and Restitution of Holocaust Victims' Assets

 bul1_2 Real estate - apartments, buildings, land plots and subdivided plots in Israel.
 bul1_2 Monies - accounts opened in Israeli banks, shares and bonds. Monies acquired through the sale or
    expropriation of real estate, and the compensation received from profitable assets -rental fees
    on apartments and land.
 bul1_2 Jewish Colonial Trust (JCT) shares - Shares in the Jewish Colonial Fund established by Bejamin
    Ze'ev Herzl in 1899 to serve as the Zionist Movement's financial arm.
 bul1_2 Contents of safes and art pieces
       
Restitution of Assets - details of assets located by The Company as of end 2009:

    * 500 blocks of land
    * 49 apartments
    * 147,997 JCT shares
    * Monies received from the Hapoalim Bank - NIS 871,000
    * Monies received from the Discount Bank - NIS 1,272,000
    * Monies received from the Leumi Bank - (initial receipt) NIS 20m
    * Monies from various government agencies - about NIS 250m

Restitution of Assets - list of assets
The Company maintains on its website a list of about 60,000 assets located in Israel that most likely belonged to people who died in the Holocaust.
The publication of the list enables family members of the victims to identify unclaimed assets belonging to their relatives and to present a request for restitution as the legal heirs of the victims.
Applications for restitution may also be presented for assets in Israel belonging to people who most likely died in the Holocaust but do not appear on the list.
     
 bul1_2 To locate a relative on the list of asset owners - click here