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—turned over to the state after a period of time, usually 3 years.
In most cases, the owner of such property has forgotten that the particular property or account exists. Sometimes, an owner has died and the heirs don’t know about the property.
Treasure Finders Kentucky is a proactive outreach designed to locate Kentucky residents who may have unclaimed property.
The goal of the program is to increase the return of money to Kentucky citizens.
Each year the Kentucky State Treasury receives millions of dollars from holders (such as banks and insurance companies) who by statute must transfer assets of inactive accounts. Efforts are made to notify the public that property is being held.
Each year about 20 percent is returned to owners.
There is a little known business that lets you do that. Unclaimed money finders locate people that don’t know they money being held for them and help them to recover it.
In return, they charge a commission after the money is recovered.
Please click here if you would like to learn more about this business