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Mention AZ and picturesque desert sunsets and multi-hued walls of the Grand Canyon usually pop in to people’s minds. True, AZ’s massive Saguaro cacti and jagged horizons rival some of the planet’s best nature vistas, but there is a lot more to the 48th state than meets the eye. A few lesser-known facts: AZ is home to the endangered Apache Trout (found only in the state), the Petrified Forest, the beautiful ridge-nosed rattlesnake, and a whole bunch of pennies. AZ is the number 1 state in production of copper, but the Treasury Department has a lot more than just pennies sitting around. Hundreds of millions of dollars in Arizona unclaimed money are waiting for their rightful owners to step forward and take them home. But sadly, most current (and former) residents are not even aware that these AZ missing monies are waiting for them.
Jane Tressler, upon receiving a letter from Arizona’s Department of Revenue, was clueless about unclaimed money. “I got this letter and was really wondering why the Department of Revenue would need my Social Security number.” the AZ resident said. “It was telling me I had possibly some unclaimed property. I’ve been racking my brain trying to think what it could be, but I’ve come up with nothing.” After actually going down to the Department of Revenue to find out if her letter was legitimate, Tressler was pleasantly surprised she was actually owed unclaimed money from 10 shares of unredeemed Metlife stock worth 63 dollars each. “Six hundred and thirty dollars, well that’s OK!” announced the once skeptical unclaimed money owner. There are many more people out there just like Tressler, according to Daniel Corcoran of the AZ Department Of Revenue Unclaimed Money Division.
In this day and age of the world wide web, multi-cored home computers and PDAs that do everything but walk your dog, you might think life would be more organized. The more gadgets and tools we have at our disposal however, the more things we have to think about and the more complicated our lives get. Perpahs this is a partial explanation for the more than $400 million in AZ state unclaimed money languishing in the Unclaimed Money Division of the AZ Department of Revenue.
Unclaimed property includes financial assets like forgotten bank accounts, uncashed checks, unclaimed insurance and retirement benefits, stocks and stock dividends, even safe deposit box contents whose owners can not be found. The Unclaimed Funds Law in AZ requires these to be turned over to the state if not given back to their rightful owners usually after a period of 3 years. The proceeds are then held by the state as unclaimed money claimable at any time, but if you had AZ unclaimed money in your name, wouldn’t you want it now? Use today’s technology to work for you and find out if you are owed unclaimed property money without even having to go all the way downtown.
If you know where to look, performing an internet unclaimed money search can be quick and simple. The key is learning from AZ unclaimed money experts and putting their tactics in to action to help find your missing money.
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Winning Lotto Ticket Expires in One Week The person who bought a Fantasy 5 ticket worth almost half a million dollars only has one more week to claim their prize, otherwise the
Do You Have Unclaimed Tax Refund Money? INDIANA (Indiana’s NewsCenter) — If you are looking for some unexpected money, you may have a tax refund with your name on it.
Missing Sweeter than honey, many Utahns may be just a mouse click away from learning whether the Beehive State has missing
Lucas Co. Lucas County Auditor Anita Lopez has launched an online listing of
Unclaimed Money: Learn How to Find Unclaimed Cash for Your School Unclaimed Money: Learn How to Find Unclaimed Cash for Your School
IRS Seeks 99,123 Taxpayers for The Internal Revenue Service says it is looking for 99,123 taxpayers to deliver $153.3 million in
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I was searching the net recently for the latest news and an article on modern day treasure hunters caught my eye. It appears that for some Americans who have metal detectors, looking for treasure in the Florida Keys has turned in to more than a hobby and has become quite lucrative. Rusted antiques and occasionally silver and gold bullion from sunken Spanish ships are only a few of the finds. Interesting news indeed.
Sunken treasures are not the only riches available for Americans looking to go on a hunt for treasure though. After finishing the article on treasure hunting scuba divers, I noticed another news post about Alabama unclaimed money, stating that the state treasury has recently given away as much as 23 million dollars of it to the state’s citizens in just one year. Well really, the term ‘given away’ is kind of inaccurate - ‘returned’ is the better word to use as the AL missing money actually belonged to the people that received it to begin with. The large dollar amount of the funds returned might be due to the State Treasurer’s Unclaimed Property Program that attempts to heighten residents’ awareness about unclaimed properties. Lists of the names of owners of these properties are hung in public places like state fairs and shopping malls. Additionally booths are set up by employees of the AL Treasury Department’s Unclaimed Property Division in these public places - providing free assistance in doing an AL search.
When people relocate or find new jobs, they sometimes lost track of assets such as income tax refunds, stock dividends, uncollected salary checks, etc. by not leaving behind a forwarding address. People also pass away never having written a will and their assets are supposed to be passed along to their closest living relative who sometimes cannot be tracked down due to a change of name or address. Items from contents of abandoned safe deposit boxes are also deemed unclaimed money under AL law. These items are handed over to the state after a ‘dormancy period’, which varies state to state. The dormancy period for unclaimed money in AL is five years for the majority of financial assets and 1 year for checks from an employer. Items from safe deposit boxes are handed over to the state and are auctioned off to the public and the money earned is returned to the state treasury office where it can be located and claimed by the true owners at any time in the future.
According to Alabama State Treasurer Kay Ivey, “We’ve still got $373 million that belongs to people in every nook and cranny in Alabama,” adding “Go online or call us, and if you find your name and you can prove you are who you say you are, my staff and I would love to send you a check.”
According to experts 70% of American citizens are owed a portion of the more than $35 billion in unclaimed money, which is currently held by the individual Treasury Depts. across the country in all 50 states. A citizen can have missing cash in multiple states if he or she has moved a lot or if they have a number of relatives across the country. It is best to do a thorough search for money to keep from missing out on your lost cash.
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Woman gets nearly $244,000 in An 81-year-old La Crosse woman just found out something that likely made her holidays a little brighter. She received nearly $244,000 in
Missing Sweeter than honey, many Utahns may be just a mouse click away from learning whether the Beehive State has missing
“Good Morning America” visits Owego schools with $6,808 In ALBANY — ABC’s “Good Morning America” visited the Owego Apalachin Central School District last month with state Comptroller Thomas DiNapoli to deliver $6,808 in
Lucas Co. Lucas County Auditor Anita Lopez has launched an online listing of
When I typed the word “school” into one of the free
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IRS Seeks 99,123 for Unclaimed Money The Internal Revenue Service says it is looking for 99,123 taxpayers to deliver $153.3 million in unclaimed tax refund checks due to mailing address errors. In an annual reminder to taxpayers on Wednesday, the IRS said the undelivered refund checks average $1,547 this year. Those…
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The bottom slice of bread in the Dakota sandwich is well known as the home to Mt. Rushmore, but SD is holding something just as valuable but much less known. The Office of the State Treasurer is currently holding tens of millions of dollars in South Dakota unclaimed money that belongs to people living in the state. With one of the lowest state populations in the nation, SD residents have great odds of discovering money owed to them, if they learn where they should look.
Increased efforts by the state to reunite lost money with the actual owners have led to the giving back of about $2.2 million annually in recent years, but the vast majority still doesn’t get returned, as an average of $6.7 million is turned over to the state each year. This basically means that the state’s total grows by about $5 million annually. So while the State Treasury Department gives no solid total, it’s reasonable to assume that they’re holding at least tens of millions.
After first hearing about unclaimed funds, the main question many people have is - How is it possible that people abandon that much money? There are a number of reasons, but believe it or not there actually are tens of billions up for grabs across the nation. Most of the time, though, it’s as simple as not providing everyone with the right forwarding address. Once a check of some type is sent back to a property holder, or a holder simply loses contact with the rightful owner, a “dormancy period” begins. The dormancy period is a time period which must go by before the cash is determined to be abandoned or “unclaimed”, and then handed over to the state for safekeeping.
There are a number of kinds of properties that can become unclaimed funds if left inactive for a long enough period of time, but the State Treasury’s site lists the following as the more common: checking accounts, savings accounts, stocks, unpaid wages or commissions, un-cashed dividends, underlying shares, certificates of deposit, customer deposits or overpayments, refunds, credit balances, paid-up life insurance policies, money orders, gift certificates, and un-cashed benefits checks. Each of these account types has its own individual dormancy period. In SD, these periods range from 1 year to 15 years, depending on what type of asset is being discussed.
While most citizens are completely in the dark about forgotten funds owed to people by the government, a few are aware of these funds. But even those that are aware usually have no idea how to correctly locate them and claim what belongs to them. For starters, just a few unclaimed search sites have real records in their databases, and even fewer have somewhat recently updated records. With millions being turned over each year, spread out over thousands of accounts, the state simply can’t update their listings in real time, leaving residents searching listings that are often not complete. This problem is multiplied when we factor in the varying dormancy periods which means that showing no results on a given day might be misleading if a certain property isn’t due to be handed over to the state for another year, or number of years.
The best way to ensure all possible lost assets has been located is to learn what expert searchers do to sidestep these, and quite a few other issues, and then use their tips in your own searches.
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Missing Sweeter than honey, many Utahns may be just a mouse click away from learning whether the Beehive State has missing
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I was searching the net recently for the latest news and an article on modern day treasure hunters caught my eye. It appears that for some Americans who have metal detectors, looking for treasure in the Florida Keys has turned in to more than a hobby and has become quite lucrative. Rusted antiques and occasionally silver and gold bullion from sunken Spanish ships are only a few of the finds. Interesting news indeed.
Sunken treasures are not the only riches available for Americans looking to go on a hunt for treasure though. After finishing the article on treasure hunting scuba divers, I noticed another news post about Alabama unclaimed money, stating that the state treasury has recently given away as much as 23 million dollars of it to the state’s citizens in just one year. Well really, the term ‘given away’ is kind of inaccurate - ‘returned’ is the better word to use as the AL missing money actually belonged to the people that received it to begin with. The large dollar amount of the funds returned might be due to the State Treasurer’s Unclaimed Property Program that attempts to heighten residents’ awareness about unclaimed properties. Lists of the names of owners of these properties are hung in public places like state fairs and shopping malls. Additionally booths are set up by employees of the AL Treasury Department’s Unclaimed Property Division in these public places - providing free assistance in doing an AL search.
When people relocate or find new jobs, they sometimes lost track of assets such as income tax refunds, stock dividends, uncollected salary checks, etc. by not leaving behind a forwarding address. People also pass away never having written a will and their assets are supposed to be passed along to their closest living relative who sometimes cannot be tracked down due to a change of name or address. Items from contents of abandoned safe deposit boxes are also deemed unclaimed money under AL law. These items are handed over to the state after a ‘dormancy period’, which varies state to state. The dormancy period for unclaimed money in AL is five years for the majority of financial assets and 1 year for checks from an employer. Items from safe deposit boxes are handed over to the state and are auctioned off to the public and the money earned is returned to the state treasury office where it can be located and claimed by the true owners at any time in the future.
According to Alabama State Treasurer Kay Ivey, “We’ve still got $373 million that belongs to people in every nook and cranny in Alabama,” adding “Go online or call us, and if you find your name and you can prove you are who you say you are, my staff and I would love to send you a check.”
According to experts 70% of American citizens are owed a portion of the more than $35 billion in unclaimed money, which is currently held by the individual Treasury Depts. across the country in all 50 states. A citizen can have missing cash in multiple states if he or she has moved a lot or if they have a number of relatives across the country. It is best to do a thorough search for money to keep from missing out on your lost cash.
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La Crosse woman receives nearly $244K in LA CROSSE — An 81-year-old La Crosse woman just found out something that likely made her holidays a little brighter. She received nearly $244,000 in
IRS Seeks 99,123 Taxpayers for The Internal Revenue Service says it is looking for 99,123 taxpayers to deliver $153.3 million in
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Of the tens of billions of dollars in unclaimed assets across the nation, the North Star State is holding more than $300 million. Minnesota is known for freezing cold weather, but most people do not know about the mountains of cold hard cash in the form of Minnesota unclaimed money. The greatest part about all of these millions is the fact that they belong to average citizens across the state who only need to track them down and claim them.
It’s easy shrug off unclaimed property as a myth because it is difficult for the majority of us to believe that our neighbors (and ourselves) simply abandoned large amounts of cash throughout our lives and that it is all just out there under our noses, waiting to be found. A quick phone call to Minnesota’s Dept. of Commerce, or the State Treasury Dept. in any other state will put your scam concerns at ease. This cash can be easily found by those citizens with a little studying on the matter.
The reason unclaimed property totals have grown so greatly across the nation is because most people do not even know this cash exists, and those that do still haven’t been properly trained to search for these monies. There are quite a few obstacles that get in the way of beginners who are hoping to find their forgotten funds, that are easy to overcome if searchers know what they’re doing.
One of the main mistakes people make when looking for abandoned assets, is searching their name at whichever site they first run across and ending their search there. To start with, very few unclaimed cash web sites have reliable databases, and even when viewing data straight from the state, the information is only as good as the people updating the system. These assets are handed over to the state all the time, but that does not mean each name is added the moment the state takes control of it.
If a Minnesota resident checks for Minnesota missing money on Monday, but an employee at the Commerce Dept. did not update their database with that resident’s record, then the resident would be incorrectly told they weren’t owed money. Now, consider the fact that assets can be handed over all year, and that a lot of account types aren’t required to be handed over to the state for 3 to 5 years, and longer in some cases. What we learn from this is that searching multiple times, often in fact, is one of the most important tactics a searcher can put in to action, and one that all professional finders use all the time.
There are also a number of reasons why Minnesota residents may be owed money by other states, and residents of other states may be owed Minnesota unclaimed property. These often have to do with the location of corporate headquarteres of employers and insurance companies. For these reasons, people should not ever limit their searches to just their home state or they could miss out on significant chunks of cash with their names on it.
For further explanation on these tips and many more, people who are seriously interested in locating all possible funds owed to them should study up on how to perform a complete search and copy the tricks used by professionals in the unclaimed property game.
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7 On Your Side finds NEW YORK (WABC) — 7 On Your Side helps viewers find their
Wis. woman gets nearly $244K in An 81-year-old La Crosse woman just found out something that likely made her holidays a little brighter. She received nearly $244,000 in
IRS Seeks 99,123 Taxpayers for The Internal Revenue Service says it is looking for 99,123 taxpayers to deliver $153.3 million in
Show Me the Money: Top 10 Tips to Find Your Unclaimed Cash Billions of dollars. That’s the amount of unclaimed money in the United States waiting to be given back to the rightful owners. “GMA” shares the top tips to find their unclaimed cash.
Contents of CARSON CITY — More than 300 items, including coins, old
State Treasury: $1 Million+ Returned in 1 Day The Office of the State Treasurer returned $1,169,282 today in
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The state of NJ has the highest population density of all the 50 states - averaging a whopping 1,030 people per square mile with 9 out of 10 of the people residing in an urban area. This might explain the fact that property taxes in the Garden State are the highest in the nation - twice the national average. According to a recent report by WCBS Newsradio however, 200 thousand homeowners in NJ do not seem to be bothered by that considering that they failed to apply for $200 million worth of tax rebates.
Tax rebates are just one of the many potential sources of New Jersey unclaimed money and funds. Abandoned uncashed checks, unclaimed insurance and retirement benefits, cash and mineral deposits, stocks, bank accounts and even safe deposit box contents all fall under NJ’s Unclaimed Funds Law. All kinds of things have been found in the latter - a prosthetic leg, autographs of historical figures like General George S. Patton and Mae West, an $80,000 Tiffany bracelet and old animal bones have been collected from deposit box contents abandoned by residents of NJ.
People often lose track of their assets when they change addresses or jobs, get married, or pass-away. Mailed notices or checks can get returned to their senders when forwarding addresses aren’t left behind by the would be recipients. Under escheat laws, these abandoned financial assets are turned over to the state after a certain number of years which varies from account type to account type, and state to state. The web site of the NJ Division of Taxation states the following about unclaimed money and funds: “Except as otherwise provided by this chapter, all property, including any income or increment derived therefrom, less any lawful charges, whether located in this State or another state, that is held, issued, owing in the ordinary course of a holder’s business and has remained unclaimed by the owner for more than three years after it became payable or distributable is presumed abandoned. At the time that an interest is presumed abandoned under this section, any other property right accrued or accruing to the owner as a result of the interest, and not previously presumed abandoned, is also presumed abandoned.”
Some 42 thousand residents of the Garden State recently claimed $88.4 million in just one year, but there are still hundreds of millions of dollars to be claimed belonging to over 1,200,000 people. Each of the 1,200,000 people are owed at least 50 dollars, but many are owed a lot more. Atlantic City, N.J. is home to the annual Miss America pageant, but state residents ought to look into something just as beautiful (if not more) - NJ unclaimed funds.
Liberty And Prosperity is the state motto and everyone is indeed encouraged to go check and do a search for unclaimed funds and make themselves a bit more prosperous by taking back their lost money. It can be as simple as going on-line and doing and unclaimed property search using a name . The tricky part though is doing a thorough search, as it is possible to miss pre-escheat funds and unclaimed property in other states.
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State returns $244,000 to local woman A La Crosse woman received nearly $244,000 in
Find your lost money IF YOU need a little extra cash for Christmas, it’s worth checking to see if there is any unclaimed money that belongs to you in a forgotten bank accounts or long lost investment.
IRS Seeks 99,123 Taxpayers for The Internal Revenue Service says it is looking for 99,123 taxpayers to deliver $153.3 million in
Lost And Found: WHNT News 19 Connects North Alabama Viewers With WHNT News 19 is Taking Action to help you find lost
State Releases ‘Big List’ Of Unclaimed Money The Office of the State Treasurer has released the official Connecticut ‘Big List’ of unclaimed property, most in the form of money.
Woman collects $244K in unclaimed money LA CROSSE (AP) An 81-year-old La Crosse woman just found out something that likely made her holidays a little brighter.
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A recent report by the Chattanooga Times announced that millions of dollars in GA lottery winnings go unclaimed in GA and TN. Lottery officials say this is primarily caused by people that buy lottery tickets while they are driving through and forget to see if they have won or not.
According to another news report though, a larger amount of Georgia unclaimed money is being held by the State Treasurer’s Department. Hundreds of millions of dollars in abandoned assets are held by the state gov. and most residents are not aware that it’s out there. Catherine Westbrook, an elderly resident of the state was very aware though and became frustrated when she attempted to get a twelve hundred dollar check from a forgotten life insurance policy. “When I didn’t get it for two or three weeks, then I called and they would say, ‘No, the check wasn’t written, hasn’t been written’ — that’s all they would tell me.”, said Westbrook who, after receiving her check five months later, adds: “I don’t know why they take so long to write a check.”
GA’s Unclaimed Property Law or escheat law (which originates from feudal laws in Great Britain) states that forgotten and abandoned properties such as income tax refunds, bank accounts, uncollected wages, cash dividends on stocks and mineral deposits, uncashed checks, gift certificates, insurance premium overpayments, and others have to be handed over to the state after a specified ‘dormancy period’. This period for GA is between 1 and 5 years for unclaimed financial assets. “Dormant funds are remitted to the State of Georgia. Demand deposit accounts are deemed to be dormant after 12 months and time and savings accounts are deemed to be dormant after a period of five years without activity”, according to an official statement from Georgia’s State Treasurer’s. In a press release from the GA Department of Revenue’s Unclaimed Funds Unit, “The time that must elapse for property to be determined “abandoned” and turned over to the state varies depending on the type of property. For example, unclaimed wages and company liquidation proceeds must be turned over to the state after one year. The vast majority of unclaimed property must be turned over to the state five years after the last contact with the rightful owner. Time frames for other types of property are: safe deposit box contents must be forwarded to the state two years after the box was opened by the holding financial institution; money orders seven years after the issue date; and traveler’s checks 15 years from the issue date.”
The GA Revenue Commissioner has recently attempted to make some improvements in the way that the state department that handles missing cash in GA, like replacing an old automated call center system with operators who can check the status of claims immediately. Tim Shields, a manager with the revenue department, “From the time the claim form comes in the door, if we have everything we need, within 8 to 10 weeks, that person’s going to receive a check,”.
Greg Daugherty, Executive Editor of Consumer Reports, said “When I entered my own information, I didn’t find anything belonging to me, but I did find some money belonging to a great aunt of mine who has since died, and would have left it to me.” Greg is not alone, which is why utilizing the help of an unclaimed property expert is of the extremely important.
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La Crosse woman gets nearly $244K in unclaimed money An 81-year-old La Crosse woman just found out something that likely made her holidays a little brighter.
Eastonites may check CT Big List for unclaimed funds State Treasurer Denise L. Nappier announced last week the updated CT Big List has the names of more than 49,000 new people and businesses that are owed millions of dollars in unclaimed funds. “Often, people are unaware they have inherited money, or they may simply have forgotten about an old savings account, utility deposit or payroll check,” Ms. Nappier said. “That’s why we strongly encourage …
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The State of Mississippi is home to some of my favorite things in life - sweet potatoes, rootbeer (invented in Biloxi in 1898), and catfish. Mississippi’s Treasury Department has also become home to something that’s on the top of my list and I suspect yours also - money. Mississippi unclaimed money, to be precise. “Nearly 1 in 5 Mississippians have money representing over $38 million that needs to be claimed,” stated Mississippi State Treasurer Tate Reeves in a recent press release. This is clearly good news for all of those families that suffered hurricane losses in recent years, and are now trying to deal with major setbacks in their financial standing.
When people pass away or move to a new home, often they don’t remember to leave a will or a forwarding address and this results in lost mail and inheritances. Financial notices, tax refund checks and the like get sent back to sender (the IRS, banks, insurance companies, etc.). According to Treasurer Reeves, “They are required by state law to turn them over to the Treasurer’s Office after a dormancy period. After that dormancy period is over, they turn it over to the state. We put a book out every three years and send it out through various media,”.
According to a recent story on Dateline NBC, a handful of lucky Mississippians were recently reunited with their missing money and it was actually a pleasant surprise for the majority of them. A Biloxi, Mississippi resident found out he had $30,000 from an investment his deceased father didn’t tell him about. A couple who had lost all of their possessions to the recent hurricane got $250 thousand from Mississippi unclaimed money. Another woman who was struggling to rebuild homes for herself and her mother got $100 thousand. Gordon White, was in the process of building his dream home when Katrina hit and he had to live in a trailer, but then got $200,000 from bank stock shares his father had never told him about. One of the largest claims handed out yet was to a Vietnam veteran who had been forced to retire from his job as a company supervisor because of post-traumatic stress. Turns out that he was owed nearly a million dollars from old company stocks he had forgotten about after retiring from said company.
If you or a relative has lived in Mississippi before, odds are good that a portion of the $38 million in Mississippi unclaimed money also belongs to you or someone in your family. Search for unclaimed money in Mississippi in addition to other states now. The national unclaimed money has now surpassed 35 billion dollars and the money is just sitting there, waiting for the true owners to step forward and claim it. Doing an online search for unclaimed money can be as easy as entering in a person’s name and other identification information in a state unclaimed money database. It becomes more confusing however, to do a full search in multiple states - a good idea if you have relatives living across the nation. The best way is to first learn the proper and thorough search tactics for doing productive unclaimed money searches online.
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WI Woman Gets Nearly $244K in LA CROSSE, Wis. (AP) — An 81-year-old La Crosse woman just found out something that likely made her holidays a little brighter. She received nearly $244,000 in
State returns $244,000 to local woman A La Crosse woman received nearly $244,000 in
Woman gets $244,000 windfall from Madison - A La Crosse-area woman received nearly $244,000 from the state treasurer’s office this week after she found she was owed
Treasurer Finds Lost $14K for School District The program is set up to give people the chance to get back funds that went
Are You Owed Illinois State Treasurer Dan Rutherford is encouraging Lake, Kane and McHenry County residents to attend one of his 10 Cash Dash events in the area Nov. 16-17 to determine if the state is holding any
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State returns $244,000 to local woman A La Crosse woman received nearly $244,000 in unclaimed money from the state this week when officials realized bonds she held jointly with her deceased husband had gone unnoticed.
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Denver CBS affiliate KCNC TV reported in May that State Treasurer Cary Kennedy currently holds more than 50 million dollars in Colorado unclaimed money. Colorado forgotten assets most commonly come from items such as utility refunds, dormant checking accounts, oil and gas royalties, stocks and bonds, uncashed insurance checks, safe deposit boxes, mutual funds, dormant savings accounts, payroll wages, money orders, security deposits, dividends. Residents who might have held one or more of these accounts or other similar accounts are encouraged to search for unclaimed property.
While it is difficult for a lot of people to accept that their fellow citizens could just “forget” or abandon assets that belong to them, it is surprisingly common. It is so common in fact that experts estimate that 7 in 10 Americans are due some sort of claim, and Colorado residents aren’t an exception.
Despite the fact that there are tens of billions of dollars in unclaimed property across the nation (tens of millions in Colorado alone), only a small fraction of it is ever claimed and millions more are added in every state every year. The main reason is the fact a majority of people have never heard of unclaimed property and the handful that have do not have the first clue about how to find them and reclaim them as their own.
One of the first stumbling blocks that most searchers run in to is simply not knowing where to search. The truth is, there is no single website to search on. In fact not every search can be done on the web, so if you limit yourself to just the computer, you may be missing out on some cash.
Aside from not knowing what site to search, many people looking for missing cash believe that one search gets the job done. Aside from the fact that there is not one website that houses all records, all sites are constantly updating their records and the list of names of people due money grows larger every year in each state. In order to be confident that you’ve located all potential claims you need to search regularly. Many people miss claims that were added to their state’s system because they were added the day, week, month, or year after they searched.
Many people who don’t reside in and haven’t ever even been to Colorado are also owed Colorado unclaimed property for a number of reasons. For example, if a person is employed by a company in their home state, but the company has its headquarters in Colorado, things like lost payroll checks may be held by Colorado’s state treasurer’s office, while their home state will have no record of these funds. A similar problem arises when people have insurance policies through out of state companies. This is just one more reason that a single search will not get the job done.
Any way you look at it, the state of Colorado is home to more hills than those Rockie Mountains, it is home to a multi-million dollar pile of missing cash. We can all agree that the citizens are much better at handling their own money than any government agency, so anyone who thinks they might have money coming their way need to take some initiative and get started on their search. Using tips from expert locators can help prevent people from making beginners mistakes that would otherwise prevent them from tracking down their money.
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HOWELL, Mich., Nov. 14 (UPI) — A Michigan man who found $1,160 at a Dairy Queen said the
Man Gets $25,000 In They couldn’t tell me exactly why
SMUD wants to give back Does the Sacramento Municipal Utility District Sacramento Municipal Utility District Latest from The Business Journals Best of Biz Notes: Nov. 21 Price drop helps solar rooftops Green expands its reach Follow this company owe you
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Do You Have Unclaimed Money in Missouri? Missouri- With the Christmas season quickly approaching gift cards will be a popular gift, but it’s important to hold onto them even if they’ve expired.
Find Unclaimed Money for Your House of Worship ‘GMA’s’ unclaimed money segments have become one of our hottest features. People have found money from old insurance policies or pensions, closed accounts, relatives and government refunds, and they’ve even found money for their kids and favorite charities. Now we show you how to find money for your church, synagogue or mosque, or other place of worship.
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The Beaver State is known for being the home of the huge, 11,000 foot Mt. Hood, but it is home to one lesser known mountain that is likely of greater interest to Oregon residents. Currently, Oregon unclaimed money totals more than 250 million dollars. That’s right, more than a quarter of a billion, owed to over a million people. This translates in to about 30% of Oregonians, which means the odds that any given person is due a chunk of this cash are 1 in 3.
Each year, the state of Oregon receives between $30 and $40 million in unclaimed money, but only gives back about $10 million to the actual owners. Since the owners of the other $20 to $30 million weren’t located, that money gets added to the total, so that $250 million will obviously grow. While it may be difficult to believe that 1 in 3 Oregon citizens are due a claim, these monies really come from sources that we all use everyday. The OR Department of State Lands describes some of the most common sources as follows:”Unclaimed property includes savings accounts, checking accounts, unpaid wages or commissions, stocks, dividends proceeds, refunds, money orders, paid-up life insurance policies, utility deposits and contents of safe deposit boxes.”
Each type of property can become “unclaimed” once it has been determined to be abandoned. To be considered abandoned, the asset must sit inactive for a period of 1, 2, 3, or 5 years, or in less common cases, 7 or 15 years (for money orders and traveler’s checks, respectively). Usually though, 1-5 years is the assumed dormancy period for most of these monies. After the dormancy period has gone by, the holder has to pass the forgotten funds along to the state, which then holds on to it until the actual owner is able to track it down.
The reasons that it is hard to reunite unclaimed money with the rightful owners are numerous, but they generally all come down to a lack of understanding about where and when to search. While a lot of websites may claim to be “official” or say they have a complete database, very few actually provide legit records, and even the actual state listings are quite unreliable. Once an asset is passed along to the state, a worker at the state has to manually add the record in to the forgotten funds list, but this is not done instantaneously, so it’s good practice to do a search often. On top of that, because of all the varying dormancy period lengths, a person might perform a search one day and then end their search if they found no claims, when if they had only checked back the next year they may have discovered a significant claim that just happened to have a lengthier dormancy period.
When tracking down lost money, there’s more to it than just plugging a name in to the search tool of any old website. Obstacles that hinder new searchers can be easy to overcome, but the majority try to go out on their own and are not able to track down money that is owed to them, which is why the totals get bigger all across the country. Spending a little time learning professional search techniques can greatly increase the chances of filling our wallets with money we had forgotten about.
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Check if you have IF you need a little extra cash for Christmas, it is worth checking to see if there is any
Riot damage cash left unclaimed Riot aid grant cash, pledged after August’s unrest, is left unclaimed and a government fund has paid only a fraction of the £250m allocated, the BBC learns.
State Releases Unclaimed Money List Thousands in Connecticut have unclaimed money waiting for them on the CT Big List and they may not even know it. Photo Credit: Getty Images
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