Unclaimed Property Blog

After finding unclaimed money, many individuals are wondering if they can now invest the money that has been out of their possession for some time. To invest unclaimed cash is nothing new. Many states use the practice to fix monetary holes in their over strained budgets. Sadly, the practice isn’t very popular with the public. If you have recently found money and it’s now burning a hole in your pocket, here are a few reasons why you may want to keep your unclaimed cash invested.

The States Invest Unclaimed Cash

If you have some unclaimed or “missing money’’ while you were a resident of Wisconsin, you are not alone. According to the state treasurer of Wisconsin, the state is holding almost $400 million of unclaimed money and the state authorities are trying their best to reunite this money with their rightful owners. Apart from the cash, the state treasury is also holding tangible properties, like jewelry and coins.

U.S. state governments have been hard pressing to return unclaimed cash and property to its rightful owners. Today, the amount has reached gigantic proportions and a prime example of this occurrence is the Wisconsin State.

It has been estimated that the Wisconsin state treasurer is sitting over $145 million of unclaimed cash and property that legally belongs to its citizens, but most of them are unaware of it. Wisconsin State has been instrumentally spreading information about the cause and has been trying its best to inform the individuals by sending memos and messages.

Press Release: Unclaimed Money is Being Given Out by State of Wisconsin