Nevada is currently holding over $650 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 no activity or no contact with the owner for a specific period of time. The property type determines the abandonment period, but it is typically one to three years.
When the “holder” of the property unsuccessfully attempts to locate the original owner, the assets must be escheated to the Nevada State Treasurer’s Office, in accordance with NRS 120A.
The Treasurer’s Office is charged with safeguarding the value of these assets in perpetuity. The original owner or heir never loses the ability to claim the property value.
If you have ever resided or conducted business in Nevada and are looking for unclaimed property in Nevada, please click on this link (https://NevadaTreasurer.gov/UPSearch/ ) to perform a specific search by name for properties being safeguarded by the Nevada State Treasurer’s Office.
If the amount of each property listed is $2,500 or less, it may qualify for FAST TRACK status. This process significantly reduces the amount of time required to verify the legitimacy of a claim. You will be notified during the online process if you qualify.
Claims are paid based on information provided by you. As claims cannot be paid simply based on a name match, additional information may be required to prove original ownership. You will be notified in writing why additional information is being requested. If you are unable to provide the information, you may submit a written explanation. A determination will be made upon review of your claim.
The State of Nevada’s Unclaimed Property database is refreshed on a regular basis, adding new properties daily.
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.