The State of Maine is holding over $275 million in unclaimed funds. There are millions of accounts owed money. Unclaimed property consists of money and other personal assets that are considered lost or abandoned when an owner cannot be located after a specified period of time. It includes: checking accounts certificates of deposit over payments gift certificates, paid-up life insurance policies unpaid wages commissions uncashed checks death benefits … [Read more...]
Louisiana Unclaimed Funds
Louisiana is currently holding over $900 million in unclaimed funds! Each year millions of dollars are turned over to the State Treasurer's Office by businesses who are unable to contact property owners. Unclaimed funds can consist of: forgotten bank accounts unpaid wages securities life insurance payouts uncashed checks proceeds of safe deposit boxes utility deposits and many other items. Funds go unclaimed for a variety of reasons including moving … [Read more...]
Kansas Unclaimed Funds
The State of Kansas is holding over $400 million in unclaimed funds! Every year thousands of people lose track of their bank accounts, cash, stocks, bonds, refunds, royalties, safe deposit boxes and other property. People move and forget to give their bank, broker, employer or insurance company a forwarding address. It is the Kansas Treasurer's job to locate the rightful owners and heirs to these funds. Unclaimed money can include: Court deposits Dormant checking accounts … [Read more...]
Kentucky Unclaimed Funds
Kentucky is currently holding nearly half a billion dollars in unclaimed funds! Kentucky's unclaimed money program started in 1942. Unclaimed property includes personal property or financial assets such as abandoned savings and checking accounts non-cashed checks and travelers' checks payroll checks unclaimed safety deposit boxes old life insurance policies stocks utility deposits These assets are turned over to the state after a period time, usually three … [Read more...]
Connecticut Unclaimed Funds
The State of Connecticut is currently holding over $800 million in unclaimed funds! There are over 1.5 million people in Connecticut owed unclaimed money. In Connecticut, money is usually turned over to the state from companies that have been holding onto it for three to five years with no action or contact from the owner. Unclaimed money can include, but is not limited to: Savings accounts Checking accounts uncashed checks utility deposits stocks and bonds mutual … [Read more...]
New Jersey Unclaimed Funds
New Jersey is currently holding over $4 billion in unclaimed funds! The Unclaimed Property Administration (UPA) recovers and records abandoned or lost intangible and tangible property. The UPA’s goal is to return this property to the rightful owner and/or heirs. NJ Unclaimed Property Statute states that property owners never relinquish the right to this property and that the UPA acts as a custodian until the property is returned. Unclaimed property consists of many types of intangible … [Read more...]
Iowa Unclaimed Funds
Iowa is holding over $250 million in unclaimed money! Unclaimed property can be any financial asset that has been abandoned by its owner for a period of time specified by law. Common types of unclaimed property include: dormant bank accounts utility refunds uncashed checks unclaimed wages safe-deposit boxes insurance dividends stock certificates and dividends Money can become unclaimed for a variety of reasons including: People moving and simply forgeting … [Read more...]
Idaho Unclaimed Funds
Idaho is currently holding over $110 million in unclaimed funds! Annually, millions of dollars are turned over to the State of Idaho. These properties may include: stocks, bonds, mutual funds, bank accounts, uncashed payroll checks, utility deposits, traveler’s checks, contents from safety deposit boxes, and more. The state acquires property, which in this case does not mean land, from “holders” such as corporations, business associations, utility … [Read more...]
Hawaii Unclaimed Funds
Hawaii has over $150 million being held in unclaimed money! The State of Hawaii Unclaimed Property Program collects and holds abandoned property from Holders ( companies, government agencies, businesses, etc.) This program is administered under the provisions of the Hawaii Unclaimed Property Statutes HRS Chapter 523A. The State of Hawaii acts as a custodian for abandoned funds and holds these funds in perpetuity. In other words, there is no time limit for claiming these funds from the … [Read more...]
Georgia Unclaimed Funds
The State of Georgia is holding $1 billion in unclaimed money! Unclaimed funds refers to accounts held by businesses and financial institutions who have lost contact with the owner of these funds. Examples of unclaimed funds includes: wages savings accounts accounts payable insurance payments shares of stock escrow funds royalites safe deposit box contents There are many more examples to numerous to list. The Disposition of Unclaimed Property Act, adopted … [Read more...]
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