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 makes a legitimate claim for the property.
You can submit a claim for your unclaimed property online. You may also contact the department by email or call 866-859-2254 to initiate a claim.
When submitting your claim, be sure to include all required documents necessary to verify ownership and identity.
The department will approve or deny your claim and give written notice of the decision to you within 90 days after you file the claim.
If the claim is denied, the department will inform you of the reasons for denial and specify what additional evidence you’ll need to provide before the department will approve the claim.
If you are able to provide the additional evidence, you can then file a new claim with the administrator.
After a claim is approved, the property or the net proceeds of a sale of the property must be delivered or paid by the administrator within 30 days together with any dividend, interest, or other increments you are entitled to.
Originals or photo copies of any of the following documents can help to substantiate the right to claim the property: death certificate; birth certificate; marriage license of claimant or decendent; complete last will and testament; insurance policy; document establishing trust; power of attorney; indemnity bond; articles of incorporation; final account of decree of distribution; valid driver’s license; social security card; voter registration card; court document showing appointment as personal representative, executor, executrix, conservator, etc.; and affidavit of authority to receive and disburse funds for the person or company.
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