Millions of dollars in property, merchandise and cash goes unclaimed each year. These funds often lay quietly, waiting for the rightful owners to emerge from the shadows and stake their claims.
Sometimes, they never show -- Separated because of changes in address, jobs or one of life’s many other myriad turns. This money cannot be spent or collected by anyone other than the owner or his or her next of kin.
And that person could be you!
What is unclaimed property?
Unclaimed property is legally defined as any financial asset that has been left inactive by the owner for three years or more.
The most common types of unclaimed property include:
- Bank accounts and safe deposit box contents
- Stocks, mutual funds, bonds and dividends
- Uncashed cashier's checks and money orders
- Certificates of deposit
- Matured or terminated insurance policies
- Mineral interests and royalty payments
- Trust funds and escrow accounts
How do I find out if I have unclaimed property?
Simply click on your state, follow the directions and provide all requested information. Enter your last name, as well as any family names of deceased relatives of whom you may be an heir.