If you're a veteran and someone tells you that veterans unclaimed money is being held for you, don't dismiss it as untrue. Take a look at this video: Only 10% of the veterans that were notified of unclaimed money being held for them by the state responded. 10%! Veterans and their families may be eligible to receive unclaimed funds totaling at about $33 million, according to the Department of Veterans Affairs. Veterans' advocacy groups say many families have no idea the veterans … [Read more...]
Funny Money
This is the meal! It seems like the below sitcom hit on just about every topic imaginable. I wasn't surprised when they touched on the subject of unclaimed money. If you had found George's $1900 and helped him recover it, you could have charged 15% commission in New York. That's a cool $285 for just a little bit of work. Giddy-yap! Click to play below video Here's another sitcom getting in on the unclaimed money bandwagon. You never know who might be holding unclaimed … [Read more...]
IRS
Did you know that there is currently more than $1.3 Billion in IRS unclaimed tax money? It's true, and it belongs to over 1.3 million tax payers that did not file for a refund. There is a three year deadline, which really equates to a four year gap, between filing your money and losing it to the government. Unlike unclaimed state money which is held in perpetuity until it is claimed by it's owner, IRS unclaimed tax money goes back to the government if it is not claimed. I say … [Read more...]
Good Morning America
Recently Good Morning America has been running a segment on unclaimed money and how you can claim yours. They found over $43,000 in unclaimed money that belonged to various staff members, including long time anchor Diane Sawyer. You can read the article by Elisabeth Leamy below. Roughly one in 10 people have unclaimed money waiting out there for them -- in forgotten apartment security deposits, uncashed overtime checks, lost insurance refunds and more -- yet so few search for … [Read more...]
New York Unclaimed Funds
New York is holding over $14 billion in unclaimed money! There are many types of funds that go unclaimed including: Utility deposits Savings accounts Checking accounts Certificates of deposit Stocks and Bonds Mutual funds Court funds Dividends Insurance benefits and policies Estate proceeds and many more. The list of reason why funds become unclaimed is almost limitless, including: Moving and forgetting that you put a deposit down for your … [Read more...]
Texas Unclaimed Funds
There is currently more than $2 Billion worth of Texas unclaimed money being held by the Lone Star State! There are about 25 million people in Texas and about 6 million names on the list of unclaimed money in Texas. That means approximately one in four Texans have unclaimed money being held for them! For a little background information, unclaimed property is defined as "any financial asset that has been abandoned by the owner for one or more years". Now, you may ask "why would someone … [Read more...]
Indiana Unclaimed Funds
Indiana has over $800 million in unclaimed funds! There are over 8 million accounts. Each year, millions of dollars in assets are turned over to the Office of the Indiana Attorney General as unclaimed property. It's their job to help return these assets to their rightful owners. Any financial asset with no activity by its owner for an extended period of time is considered unclaimed property. Unclaimed property consists of certain financial assets-as defined by Indiana state statute … [Read more...]
Colorado Unclaimed Funds
Colorado is holding hundreds of millions of dollars in unclaimed funds! There are almost two million accounts due money. These names are for individuals as well as for businesses. Unclaimed funds are unclaimed or abandoned intangible property. It represents a certain obligation a company is holding for another person or business. It includes: checking and saving accounts certificates of deposit over payments insurance checks payroll checks utility refunds … [Read more...]
Alabama Unclaimed Funds
There is currently more than $400 million in unclaimed funds being held by the State of Alabama. There are over 3.7 millions records waiting to be claimed! Unclaimed funds consist of items such as bank accounts uncashed checks utility deposits stocks and bonds certificates of deposits workers compensation benefits and many other items that have been turned over to the states unclaimed property division. Funds can go unclaimed for a variety of … [Read more...]
California Unclaimed Funds
There is over $9 billion in California unclaimed funds belonging to over 17 million accounts! Unclaimed funds are financial assets that have been left inactive by it's owner for a period of time specified by law, typically three years. Unclaimed funds include: Bank accounts and safe deposit box contents Stocks, mutual funds, bonds, dividends Uncashed cashier's checks and money orders Certificates of deposit Matured or terminated insurance policies Estates Mineral … [Read more...]
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