The following article from 60 minutes can be found at http://www.cbsnews.com/news/60-minutes-overtime-are-you-owed-insurance-money-heres-how-to-check/ 60 Minutes reports that states are collectively holding billions in unclaimed assets. Some of it could be yours. Joseph Bigony receives a long-overdue payment from his sister's life insurance policy On 60 Minutes this week, Lesley Stahl revealed that life insurance companies are withholding payments owed to a significant number … [Read more...]
New Mexico Unclaimed Funds
New Mexico is holding hundreds of millions of dollars of unclaimed money! The New Mexico Taxation and Revenue Department (TRD) is responsible for this money. The purpose of the Unclaimed Property Office is to reunite lost owners with their property. They want you to have your property! Generally, unclaimed property has monetary value and has been abandoned. Property is considered abandoned when efforts by the holder to locate the owner fail, and it remains unclaimed by the rightful owner … [Read more...]
Unclaimed Money: 5 Ways to Find Your Share of $41 Billion
The following article by Megan Elliott appeared on Cheatsheet.com Stop hunting for lost cash in your car or couch cushions. You could have hundreds or even thousands of dollars in unclaimed money waiting for you and not even know it. States are sitting on $41.7 billion in unclaimed funds, according to the National Association of Unclaimed Property Administrators (NAUPA). Abandoned bank accounts, uncashed payroll or refund checks, unclaimed insurance payments, dividends, and security … [Read more...]
Hungry for revenue, states hanker for unclaimed assets
The following article by Jeff Brown appeared on CNBC. You work hard and save for the future. Everything's on track — until, for some strange reason, you drop the ball and leave your money behind. Poof! It's gone. It may seem hard to believe, but assets in 401(k)s, IRAs and taxable investments — not to mention bank savings and other financial assets — are abandoned all the time in what are legally termed dormant accounts. To reunite owners with their forgotten property, most states … [Read more...]
Billions of Dollars of Unclaimed Money From the IRS
This report from ABC News can also be found here. ABC Breaking News | Latest News Videos Learn more about getting your unclaimed IRS tax refund here. Presenter: with taxes underway, billions of dollars in refund still remain unclaimed, with the average family leaving more than $450 in deductions on the table.. ABC Chief Rebecca Harris talks with important tips about taxes. Tonight a staggering statistics about your taxes, Americans are losing out on an estimated 1billion in … [Read more...]
New Hampshire Unclaimed Funds
Each year in New Hampshire, millions of dollars in dormant or lost accounts go unclaimed. This money is turned over to the Treasury by businesses that are unable to locate the property owners. These funds may be in the form of cash or securities such as stocks, bonds or mutual funds. The Treasury's Abandoned Property Division can help you discover, and recover at NO COST, what may be rightfully yours. You have nothing to lose! Since the enactment of the unclaimed and abandoned … [Read more...]
Nevada Unclaimed Funds
Nevada is currently holding over $950 million in unclaimed funds! The primary mission of the Nevada Unclaimed Property Division is to reunite original owners with their property. This property could be a financial asset owed to an individual or a business, including securities, bank accounts, uncashed payroll checks, utility deposits, insurance proceeds, gift certificates, and other items specified in Nevada Revised Statutes 120A. Property is presumed abandoned when there has been … [Read more...]
Ohio Unclaimed Funds
Ohio is currently holding over $2 billion in unclaimed funds! These funds come from a variety of sources including: uncashed checks forgotten utility deposits insurance claims dormant checking accounts dormant savings accounts forgotten money orders stocks and bonds safe deposit boxes and a variety of of other places. These funds can go unclaimed for a variety of reasons including: leaving a job without claiming your final paycheck moving without … [Read more...]
Nebraska Unclaimed Funds
Nebraska is currently holding more than $135 million in unclaimed funds. These are the most common examples of unclaimed property: Insurance claim payments Dividends Security deposits Life insurance proceeds Vendor payments Wages Stocks Bonds Utility deposits Miscellaneous outstanding checks Safe deposit boxes Gift certificates Dormant checking/savings accounts Rebates Generally, property goes unclaimed because checks aren't cashed or there is no … [Read more...]
Montana Unclaimed Funds
Montana is currently holding over $90 million in unclaimed funds! Unclaimed or abandoned property is usually money from wages, checks, refunds, bank accounts and other sources. Unclaimed or abandoned property also includes intangible property, such as stocks and bonds, and tangible personal property, such as the contents of a safe deposit box or personal property held in escrow. Montana holds unclaimed funds until such time as the owner or someone authorized to act on the owner’s behalf … [Read more...]
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