Go to the
(Part 1 of 2)
Maine, the Pine Tree State, has more to offer than just the frighteningly cold winters that the northeastern most part of the country is famous for. As of June 2007, the Office of the State Treasurer was holding more than $131 million in Maine unclaimed money, spread out over more than 540 thousand accounts. That's a lot of clams, or lobsters in Maine's case.
Abandoned funds are deemed "unclaimed" after it sits inactive for a specific period of time. Each state has its own unique dormancy periods for each type of asset. In Maine, dormancy periods range from 1 year to 15 years, depending on the account type, but most Maine dormancy periods are three years. State law requires that assets be turned over to the state for safe keeping after the specified dormancy period has passed. At this time, the state treasurer is in charge of adding the record to their system, making it possible for the rightful owner to find and claim it.
Though hard to believe, across the nation there really are tens of billions in unclaimed property, waiting to be discovered by the rightful owners. Missing money is often dismissed as a scam or myth because people simply cannot accept that people could really just forget about or abandon that kind of money. All citizens need to do is contact their state treasurer to confirm that these monies are out there.
(to be continued)
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State hopes to return $400 million in
Las Vegas, NV (KTNV)– You could have some
State hopes to return $400 million in unclaimed property to Nevadans
You could have some unclaimed money and property, and not even know it.
Unclaimed Idaho Lottery prizes really add up
BOISE — With the recent $650 million Mega Millions jackpot a lot of us started dreaming about what we'd do with all that money. But every year in Idaho some people just need to wake-up to realize that they are winners. For whatever reason, they never claim their prizes. That unclaimed money really adds up. "Over the last two years we've had about $6 million go unclaimed from lottery tickets …
Watchdog Report: Does New York owe you
The state has $11 billion in
(Part 2 of 2)
Though tough to believe, across the country there really are tens of billions in unclaimed funds, waiting to be tracked down by the true owners. Missing money is often dismissed as a scam or myth because people simply can not accept that people could really just abandon or forget about that kind of money. All people need to do is call up their state treasury department to confirm that these assets are real.
One main reason that unclaimed cash totals keep on growing in every state is due to the fact that the states are notoriously inefficient when it comes to giving these properties back to the citizens. A lot of states have stepped up efforts to put money back in the hands of the people it belongs to, yet the amount handed over to the state every year continues to vastly outpace the amount given back to the people.
Aside from the fact that the majority of people still aren't aware of the joys of finding forgotten money, those that are usually don't have any idea how to search. Every unclaimed funds site is different and just a handful are actually legitimate and maintain accurate records. Even state listings are notoriously inaccurate due to the fact that they are not updated in real time. While funds are handed over to the state constantly, there will not be a searchable record until an employee physically adds the record to the system. On top of that, as was mentioned, there are so many different dormancy periods that properties are constantly being handed over, so Maine's records are constantly being updated.
The first rule in searching for lost cash is to check regularly or one can never be confident in the completeness of their search. But unreliable listings are only the beginning of the hurdles that often stand in the way of average people just starting out on their search for missing money.
Learning strategies from experts in finding unclaimed funds can jumpstart your search and help reconnect you with your money quicker than the average, uninformed searcher starting out without any guidance. People truly wanting to explore all possible claims would be wise to educate themselves before starting the process of tracking down abandoned assets.
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Watchdog Report: Does New York owe you
The state has $11 billion in
One out of 10 Massachusetts residents has some
Pop singer Jason Mraz has
CHARLESTON, W.Va.—West Virginia's treasurer wants Jason Mraz to come pick up his
Unclaimed money is piling up
In a country where deficits and poverty are rampant, unclaimed money is an irony — but a huge reality. Be it un-banked cheques, deposits with banks, finance companies and post-offices, or investment in tax saving schemes and life insurance policies, the unclaimed sums can be significant.
Daily Deals: The Very Real Risks From
Bluntly: when daily deals expire, who gets to keep the
(Part 1 of 2)
Maine, the Pine Tree State, has more to offer than just the frighteningly frigged winters the northeastern most part of the nation is famous for. As of June 2007, the State Treasurer's Office was holding over $131 million in Maine unclaimed money, spread out over more than 540,000 accounts. That's a heck of a lot of clams, or lobsters in Maine's case.
Abandoned assets are considered "unclaimed" after it sits dormant for a certain period of time. Every state has its own dormancy periods for each type of asset. In Maine, dormancy periods range from 1 year to 15 years, depending on the account type, but the majority of Maine dormancy periods are three years. State law requires that properties be handed over to the state for safe keeping after the appropriate dormancy period has passed. At that point, the state treasurer is in charge of updating their system with the new record, making it possible for the true owner to locate and claim it.
(to be continued)
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State government has division that reunites people with missing financial property
Lots of lost
Millions in money, property unclaimed in Nevada
More than $400 million belonging to Nevada residents remain unclaimed, according to State Treasurer Kate Marshall.
State Holding Billions In Unclaimed Money
According to the Texas State Comptroller’s Office, one in four Texans are due cash. The result has left the state holding a fortune in unclaimed money.
W.Va. treasurer says singer Jason Mraz has
CHARLESTON, W.Va. — West Virginia’s treasurer wants Jason Mraz to come pick up his
(Part 2 of 2)
Aside from the fact that the majority of people still are not aware of the joys of finding forgotten cash, those that are usually do not have a clue how to search. Every unclaimed property website is different and just a few are actually legitimate and keep accurate records. Even state listings are consistently inaccurate because they are not updated on any specific schedule. While properties are handed over to the state all the time, there won't be a searchable record until someone physically adds the listing to the database. Beyond that, as noted, there are such a wide variety of dormancy periods that properties are always being turned over, so Maine's records are constantly needing to be updated.
The number one rule in searching for missing cash is to check frequently or you can never be confident in the thoroughness of their search. But inaccurate listings are only the beginning of the hurdles that often stand in the way of average people just starting out on their search for missing money.
Learning tactics from experts in finding unclaimed property can jumpstart your search and help reunite you with your money quicker than the average, uninformed searcher starting out without any direction. People really hoping to locate all possible claims would be smart to educate themselves before beginning the process of locating forgotten funds.
–
IMPORTANT: Bing News RSS feed has moved!
Go to the
(Part 1 of 2)
Maine, the Pine Tree State, offers more than just the frighteningly frigged winters that the northeastern most part of the U.S. is known for. As of June 2007, the State Treasurer's Office was holding more than 131 million dollars in Maine unclaimed money, divided up over more than 540,000 accounts. That's a heck of a lot of clams, or lobsters in this case.
Abandoned property is considered "unclaimed" after it sits inactive for a certain number of years. Every state has its own unique dormancy periods for each type of asset. In Maine, dormancy periods range from 1 year to 15 years, varying by account type, but the majority of Maine dormancy periods are 3 years. State law requires that properties be handed over to the state for safe keeping after the appropriate dormancy period is reached. At this time, the state treasurer is in charge of adding the record to their system, making it available for the rightful owner to find and claim it.
Though difficult to believe, across the nation there really are tens of billions in unclaimed property, waiting to be tracked down by the true owners. Missing money is often dismissed as a scam or myth because people just can't accept that people could really just forget about or abandon that much money. All people need to do is call up their state treasury department to get confirmation that this cash are out there.
One reason that unclaimed money totals continue to grow in every state is due to the fact that the states are consistently inefficient when dealing with giving these properties back to the citizens. A lot of states have increased their efforts to put money back in the hands of the people it belongs to, yet the amount handed over to the state every year continues to vastly outpace the amount given back to the people.
(to be continued)
–
Jackson Hewitt® Reminds Taxpayers About More Than $1 Billion in
States with the highest number of
Loose change: $1M cost for $400K donation
Jeff Miller (R-Fla.) that seeks to take about $400,000 annually in
IMPORTANT: Bing News RSS feed has moved!
Go to the
(Part 2 of 2)
One main reason that unclaimed money totals continue to grow in every state is because the states are notoriously inefficient when dealing with giving these properties back to the citizens. Many states have stepped up efforts to put cash back in the pockets of the people it is owed to, yet the amount handed over to the state each year continues to vastly exceed the amount given back to the people.
Aside from the fact that the majority of people still aren't aware of the joys of claiming forgotten money, those that are generally do not have a clue how to search. Every unclaimed property web site is different and just a handful are actually legitimate and maintain accurate records. Even state listings are notoriously inaccurate due to the fact that they are not updated in real time. While funds are handed over to the state all the time, there won't be a searchable record until someone manually adds the listing to the database. Beyond that, as noted, there are so many different dormancy periods that properties are always being turned over, so ME's records are constantly being updated.
The number one rule in looking for lost cash is to check frequently or one can never be confident in the completeness of their search. But inaccurate listings are only the beginning of the stumbling blocks that often stand in the way of average people just starting out on their search for lost assets.
Learning strategies from experts in locating unclaimed property can jumpstart your search and help reconnect you with your money quicker than the average, uninformed citizen starting out without any clue. People truly hoping to track down all possible claims would be smart to educate themselves before beginning the process of tracking down forgotten funds.
–
PA Treasurer McCord: As Statutory Unclaimed Property Reporting Deadline Nears, Treasury Records Highest March …
HARRISBURG, Pa. — Treasury last month collected nearly $25.4 million, more unclaimed property than it had in any March in the past seven years, State Treasurer Rob McCord noted today as he announced Treasury …
Bipartisan Bill to Spend
According to the Transportation Security Administration (TSA), airline passengers have left behind roughly $400,000 in
Jackson Hewitt® Reminds Taxpayers About More Than $1 Billion in
States with the highest number of
Pop singer Jason Mraz has unclaimed money in W.Va.
West Virginia's treasurer wants Jason Mraz to come pick up his money.
Singer Jason Mraz has unclaimed money in W.Va.
CHARLESTON, W.Va. — West Virginias treasurer wants Jason Mraz to come pick up his money. Treasurer John Perdue said Tuesday the pop singers name is on a list of people due unclaimed property in the state. Perdue didnt specify how much money but sai…
(Part 1 of 2)
Maine, the Pine Tree State, has more to offer than just the frighteningly frigged winters the northeastern most part of the United States is known for. As of June 2007, the State Treasurer's Office was holding over $131 million in Maine unclaimed money, divided up over more than 540 thousand accounts. That's a lot of clams, or lobsters in this case.
Abandoned money is deemed "unclaimed" after it lies inactive for a specific period of time. Every state has its own dormancy periods for each type of property. In ME, dormancy periods range from 1 year to 15 years, depending on the account type, but most ME dormancy periods are three years. State law requires that properties be handed over to the state for safe keeping after the specified dormancy period is reached. At that point, the state treasurer is in charge of adding the record to their system, making it available for the true owner to locate and claim it.
Though difficult to believe, across the nation there really are tens of billions in unclaimed property, waiting to be discovered by the rightful owners. Missing money is often dismissed as a myth or scam because people just can not accept that Americans could really just abandon or forget about that kind of money. All citizens need to do is contact their state treasurer to get confirmation that this cash are real.
(to be continued)
–
Loose change: $1M cost for $400K donation
Jeff Miller (R-Fla.) that seeks to take about $400,000 annually in
Unclaimed Bank Cash To Fund 'Big Society'
A "Big Society" fund, using money from bank accounts left dormant, has been unveiled by the Prime Minister in a bid to tackle social problems across the country.
$1M cost for $400K donation
A bill to send unclaimed money at airports to the USO would come at a price.
WV Treasurer's Office educating Nitro residents about Unclaimed Property account
Nitro's mayor, Rusty Casto, said there are more than $300,000 dollars in unclaimed money due the people in Nitro.
Illinois goes online to auction
State Treasurer Dan Rutherford is calling his office's online
(Part 2 of 2)
Though tough to believe, across the country there really are tens of billions in unclaimed money, waiting to be tracked down by the true owners. Forgotten funds are often dismissed as a scam or myth because people simply can not accept that people could really just forget about or abandon that much money. All citizens need to do is call up their state treasurer to confirm that these monies are real.
One reason that unclaimed assets totals continue to grow in all states is because the states are notoriously inefficient when it comes to returning these properties to the citizens. Many states have increased their efforts to put cash back in the hands of the people it belongs to, yet the amount turned over to the state each year continues to vastly exceed the amount given back to the people.
Aside from the fact that the majority of people still are not aware of the joys of discovering forgotten cash, those that are generally don't have a clue how to search. Every unclaimed money website is different and just a few are actually legitimate and keep accurate records. Even state listings are notoriously inaccurate due to the fact that they are not updated on any specific schedule. While properties are handed over to the state constantly, there will not be a searchable record until an employee manually adds the record to the system. Beyond that, as was mentioned, there are such a wide variety of dormancy periods that properties are always being turned over, so Maine's records are constantly being updated.
The first rule in looking for missing cash is to check frequently or you can never be confident in the thoroughness of their search. But unreliable listings are only the beginning of the hurdles that often stand in the way of regular people just starting out on their search for forgotten properties.
Learning strategies from experts in tracking down unclaimed money can jumpstart your search and help reunite you with your cash quicker than the average, uninformed searcher starting out without any direction. People truly hoping to locate all possible claims would be wise to educate themselves before beginning the process of tracking down abandoned assets.
–
Rutherford hosts Cash Dash events in Steger, Homewood
Illinois State Treasurer Dan Rutherford attended Cash Dash events at Steger Village Hall and Homewood Village Hall recently to help reunite people with
When the winning recipients of
Gift Cards are a Significant Source of Income for State Offices when They are Unredeemed
In the past, the companies that issued the gift cards we able to keep the
How to Find Your Missing Money
Is there money out there that's yours, just waiting for you to claim it? It's possible.
Q: My mother passed away several months ago, and I was the executor. A firm called “Keane” contacted me about the possibility of some
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