Home | How It Works | Guarantee | Privacy | Order Now | Search Unclaimed Money | Help

Most States Currently Hold Millions in Unclaimed Property

Currently, the unclaimed property mark reaches an all-time high. The states, along with federal agencies, have more than 50 billion dollars of unclaimed money that are still waiting for their rightful owners. This state unclaimed property ranges from un-cashed payroll checks to forgotten bank accounts that are no longer into use.

According to the reports of many state treasuries, the biggest contributors to unclaimed property are the lost insurance policies of the deceased. The main reason behind the accumulation of these policies is the lack of knowledge among the relatives or the family members of the deceased.

The state treasuries manage several types of unclaimed assets and properties, like bank accounts, stocks and bonds, un-cashed checks, life insurance policies, gold coins, and security box contents that were inactive for more than one year with the financial institutions.

State agencies that take care of these unclaimed assets are highlighting the fact that the assets or properties become unclaimed because they are abandoned due to the change of address, name or, in case of death of the owner, while the family members do not have any idea about the property or money. Other than that lack of knowledge, the is no other reason why the owner is not interested in reclaiming his property.

The state government, along with the federal offices are trying their best to educate people about the importance of unclaimed assets. They have been organizing programs to educate and re-unite the property with the owners. Very few are aware that there is no time limit in claiming your property back from the state. Some states have started organizing fairs that cater to people on a walk-in basis and on the spot unclaimed property location are done. State agencies feel that the only way to attract the interest of the people in unclaimed assets is by educating them about the same.

Comments are closed.


Affiliate Program | How It Works | Guarantee | Privacy | Unclaimed Property Blog | Order Now | Media & Press Relations
Unclaimed Property Definitions | Unclaimed Money | Useful Money Links | Link To Us | State Property List | Help

Copyright © 2002 CashUnclaimed.com. All Rights Reserved. By use of this site you are specifically agreeing to
the terms of use posted on this site. You should click here to review them now.


When you perform a free trial search on CashUnclaimed.com we display the total dollar amount in unclaimed funds that we show reported by the appropriate government agencies. This does not guarantee that this money is 100% absolutely yours. What it means is that there is that total dollar amount shown by government agencies under your name and common variations of your name at the last time we had the information available to us was reported as unclaimed and is able to have a claim form submitted to be paid that amount. For more information please read our terms of use by clicking the link above.