tag:blogger.com,1999:blog-61388698581025208082024-02-21T08:01:35.981-08:00Unclaimed AssetsLearn how to search for lost money and propertyUnknownnoreply@blogger.comBlogger74125tag:blogger.com,1999:blog-6138869858102520808.post-18908743925173140092012-09-26T18:06:00.002-07:002012-09-26T18:06:42.606-07:00Finding Unclaimed Property in Texas<a href="http://www.window.state.tx.us/up/about.html">Texas has over $2.5 billion</a> in unclaimed property and money. And you can do a free search on their website to see if you have anything coming to you.
Here are some of the property that you can look to see if you or your forefathers accidently left behind:
You may have unclaimed property if you ever:<br />
<ul>
<li>Had a bank account, safe deposit box, trust fund or escrow account </li>
<li>Received dividend, payroll or cashier’s checks </li>
<li>Made court deposits
Had mineral interests or royalty payments </li>
<li>Overpaid on insurance, utility or other bills
Received rebates on purchases, such as a cell phone or computer </li>
<li>Held stocks, bonds or mutual funds </li>
<li>Made utility deposits
</li>
</ul>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-12750721377248086752012-09-23T18:15:00.000-07:002012-09-23T18:15:14.969-07:005% of Minnesotans Have over $100 of unclaimed money<script type='text/javascript' src='http://KMSP.images.worldnow.com/interface/js/WNVideo.js?rnd=387014;hostDomain=www.myfoxtwincities.com;playerWidth=630;playerHeight=355;isShowIcon=true;clipId=7589602;flvUri=;partnerclipid=;adTag=News;advertisingZone=;enableAds=true;landingPage=;islandingPageoverride=false;playerType=STANDARD_EMBEDDEDscript;controlsType=overlay'></script><a href="http://www.myfoxtwincities.com" title="Page Title - No value">Page Title - No value</a>
Fox has learned that 5% of Minnesotans are owed over $100. And they hit the streets try to find people... And sure enough the 8th person they asked (a local waitress) found out that she had some cash owed to her from an old employer.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-58629786558665349952012-09-23T18:07:00.002-07:002012-09-23T18:07:34.146-07:00Illinois Treasurer Holds $1.6 billion of missing moneyNews out of <a href="http://www.sj-r.com/breaking/x1547504885/Illinois-treasurer-has-1-6B-in-unclaimed-property">Springfield, IL</a> shows that the state Treasurer's office which is headed by Daniel Rutherford has over $1.6 billion of unclaimed assets under the control of his office. The amount has swelled by over $100 million in the prior year.
People have left dormant bank accounts and brokerage accounts can go and do free online internet searches to see if they have any cash coming to them.
Also--it doesn't even have to be yours... You could be entitled to unclaimed funds from dead parents or deceased grandparents.
One thing that kind of stinks is that when the state holds onto these funds you aren't earning any income or interest on the overall balance.
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-35613280959140649672012-09-23T11:54:00.000-07:002012-09-23T11:54:51.775-07:00How Much Money Should I have saved?People just shouldn't count on inheriting money, or hoping that they will discover vast sums of unclaimed wealth via unclaimed asset searches through various state treasurer websites. No getting rich is not an instantaneous endeavor. Rather it takes years of hard work, savings, investing, and living beneath your means.<br />
<br />
Unfortunately, for many unexpected expenses (kids, medical bills, car repairs) can put a crimp in the best laid plans. That's why it's wise to overspend when you're young.
The folks at <a href="http://www.washingtonpost.com/business/new-savings-guidelines-from-fidelity-advise-having-8-times-your-salary-by-retirement/2012/09/12/1e76b106-fcd8-11e1-98c6-ec0a0a93f8eb_story.html">Fidelity</a> recently published their research recommending what level of savings people should have (depending on their age) in order to make sure that they won't be impoverished during retirement.<br />
<br />
Fidelity's rule of thumb for savings is below:<br />
<ul>
<li>35 year olds should have 1x their annual earnings</li>
<li>40 year olds should have 2x their annual earnings</li>
<li>50 year olds should have 4x</li>
<li>60 year olds should have 6x their annual earnings.</li>
</ul>
Of course this is a rule of thumb and it probably won't work for everybody. Some people should have a bit more than these figures if they are likely to live into their 100's... And people who spend significantly less than they earn should be able to get away with significantly lower levels of savings. Additionally, the longer you work, the less savings (in real terms) you will probably need. Because if you retire at 50 years old, you'll have many years of paying for your own healthcare and no Social Security income. However, if you wait until you're 70 to retire, you'll be eligable for gov't health insurance, and more than likely you'll be getting a healthy monthly check from the Social Security Administration.<br />
<br />
(It's also worth noting that Fidelity assumes a long run return of 5.5% on your savings. However, given how poorly the stock market has performed since 2000, and the federal reserves tendency to keep interest rates extremely low (Thereby taxing savers), that 5.5% return might be difficult to earn during the five years.<br />
<br />
We're also interested to hear about your own thoughts on savings---What do you think is the right amount for you given your current age? Are you ahead or behind where you thought you would be at this time. What advice would you give you children regarding their savings plans?Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-323627953003217972012-03-01T18:43:00.002-08:002012-03-01T18:43:32.132-08:00Do I have Unclaimed Money?If you're wondering,<a href="http://www.wlbt.com/story/17059670/do-you-have-unclaimed-money">"Do I have unclaimed money?"</a> WLBT in Mississippi shows how the state treasurer has helped distribute $5 million in unclaimed funds to its rightful owners in just the last year.
It's simple enough to do a last name search on the online database and fill out paperwork with the proper government agencies---in time, you may find your self a little-bit or a lot richer.Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-6138869858102520808.post-28119476206376769332012-02-16T18:52:00.000-08:002012-02-16T18:52:15.115-08:00Wisconsin Treasurer Helps Veterans Find Unclaimed Money<iframe width="560" height="315" src="http://www.youtube.com/embed/22Y63-DIC4E" frameborder="0" allowfullscreen></iframe>Channel 5 in Green Bay, Wisconsin tells us how the state treasurer helps military veterans find unclaimed money. So far the program has helped match $76,000 to its rightful owners. At first glance, many people think they're getting scammed. But the treasurer is persistent and anybody can search his website for their own unclaimed assets.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-54319121490918717102011-12-16T11:36:00.000-08:002011-12-16T11:36:16.692-08:00GMA Helps Woman Find Unclaimed Child Support<img border="0" height="0" src="http://c.gigcount.com/wildfire/IMP/CXNID=2000002.11NXC/bT*xJmx*PTEzMjQwNjM5NDU4MjAmcHQ9MTMyNDA2Mzk*OTg*MyZwPSZkPSZnPTImbz1mYjZmZjZhMmU*OTE*OGZiYTNmMWUxOWU*/MGI3NTg3YSZvZj*w.gif" style="height: 0px; visibility: hidden; width: 0px;" width="0" /><br />
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Here's an interesting story. ABC's Good Morning America tells of a woman who had two boys with a man and eventually divorced. He paid child support for a little bit, but then stopped.<br />
<br />
She remarried and over the next 17 years raised the boys without the help of her ex-husband. Well he eventually found work and the state started garnishing his wages... The only problem was that they couldn't find her and she didn't know they were working. Fortunately, GMA and the state treasurer tracked down the lady and presented her with a $8,000 check for the back-child support.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-23277825873211168372011-12-14T16:44:00.000-08:002011-12-14T16:44:29.889-08:00Good Morning America Helps Missouri Return $6 million of Unclaimed Money<img border="0" height="0" src="http://c.gigcount.com/wildfire/IMP/CXNID=2000002.11NXC/bT*xJmx*PTEzMjM5MDkzMTgzOTEmcHQ9MTMyMzkwOTMyNjgwMyZwPSZkPSZnPTImbz1mYjZmZjZhMmU*OTE*OGZiYTNmMWUxOWU*/MGI3NTg3YSZvZj*w.gif" style="height: 0px; visibility: hidden; width: 0px;" width="0" /><object allowfullscreen="true" allownetworking="all" allowscriptaccess="always" data="http://cdnapi.kaltura.com/index.php/kwidget/wid/0_ngb527n2/uiconf_id/5590821" height="221" id="kaltura_player_1323909314" name="kaltura_player_1323909314" type="application/x-shockwave-flash" width="392"><param name="allowScriptAccess" value="always" />
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Good Morning America has been taking great strides in returning unclaimed money into it rightful hands and they found a whopper of a claim.
<br />
The Missouri State Treasurer has over $600 million of unclaimed property and one lady actually set the record by getting $6.1 million. The anonymous Kansas City woman owes her windfall to a long lost relative who invested in an obscure stock that just went up and up. It's like winning a lottery you didn't know even existed.
<br />
The national and local media organizations have been doing a good job alerting the public to the fact that the states have billions of dollars of missing money and you just need to do simple and free internet searches to see if you (or your dead relatives) have any money that is just waiting in the state's coffers waiting to be claimed. It can be bank accounts, brokerage accounts, Utility deposits or even savings bonds. People like Clark Howard and Oprah Winfrey have also worked to highlight this issue and help people contact their state treasurer and investigate their "cash dash" websites to see if they can get rich quick.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-15207400748892944782011-12-09T15:44:00.001-08:002011-12-09T16:05:37.317-08:00Illinois Cash Dash Unclaimed Property AuctionThe <a href="http://www.treasurer.il.gov/programs/auction/auction.aspx">Illinois Treasurer</a> is holding a "Cash Dash" online auction of unclaimed property. This bit of news was picked up by local news stations including WGN.<br />
<br />
Banks turn over unclaimed assets in things like Safe Deposit boxes to the state. After several years, the state can sell these items. Fortunately, the owner (or their heirs) can still file a claim and get the money that the goods sold for.<br />
<br />
I've checked out some of the items that are for sale---and it looks like they are getting some good prices. For example a 1 ounce bar of silver was selling for over $70---That's more than twice the spot-rate of silver on the open market.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-78768239289140815382011-11-28T17:24:00.001-08:002011-11-28T17:28:14.882-08:00The Great Iowa Treasure HuntThe Great Iowa Treasure Hunt is operated by the <a href="https://www.greatiowatreasurehunt.com/faq/">Iowa State Treasurer</a>. The treasure hunt allows Iowans to do a free internet search for unclaimed money and assets.<br />
<br />
They also list a few really helpful Questions & Answers that help people figure out how to see if they have any money coming to them:<br />
<br />
<br />
<div align="justify">
<i><strong>What is Unclaimed Property?</strong><br />
Unclaimed property can be any financial asset that has been abandoned by its owner
for a period of time specified by law. Common types of unclaimed property include:</i></div>
<ul>
<li><i>dormant bank accounts
</i></li>
<li><i>utility refunds
</i></li>
<li><i>uncashed checks
</i></li>
<li><i>unclaimed wages
</i></li>
<li><i>safe-deposit boxes
</i></li>
<li><i>insurance dividends
</i></li>
<li><i>stock certificates and dividends
</i></li>
</ul>
<i><strong>How does property become abandoned?</strong></i><br />
<ul>
<li><i>People move and simply forget about an account or deposit.
</i></li>
<li><i>People get a check, place it in a drawer (something they will take care of later) and forget
</i></li>
<li><i>When people die, relatives are often unaware of an old bank account, lock box or a stock the deceased may have owned.
</i></li>
<li><i>People divorce, move, perhaps remarry and forget to notify everyone.
</i></li>
<li><i>A clerical error at a company; perhaps the name or street is
displaced or altered by a honest mistake causing mail to be returned as
nondeliverable to the company.
</i></li>
</ul>
<div align="justify">
<i><strong>Why does the state become involved?</strong><br />
The courts have long maintained the states' rights are derivative of the missing owner. In other
words, the state stands in the shoes of the missing owner.</i></div>
<div align="justify">
<i><strong>How long do I have to claim my money?</strong><br />
The State Treasurer's office maintains custody until the rightful owner or his or her heirs claims
the money. At no time is an owner (or legal heirs) barred from claiming unclaimed property.</i></div>
<i><strong>What does Iowa do to find the owners of unclaimed property?</strong></i><br />
<ul>
<li><i>First class mailings
</i></li>
<li><i>Publication of the Great Iowa Treasure Hunt
</i></li>
<li><i>Listings displayed at the State Fair, Clay County Fair, and the Cattle Congress
</i></li>
<li><i>TV special segments for the news
</i></li>
<li><i>Public Service Announcements
</i></li>
<li><i>Radio spots
</i></li>
</ul>
<div align="justify">
<i><strong>Do I have to pay to get my money back from the state treasurer?</strong></i></div>
<ul>
<li><i><strong>No! The rightful owners or their legal heirs always have
the right to claim the assets, there is no time limit to file a claim,
and the State Treasurer Office <u>provides this service free of charge</u></strong>.
</i></li>
<li><i>If you are contacted by an individual or firm offering to
return your property to you for a fee, contact the state treasurer's
office <strong><u>before you sign an agreement</u></strong>.
</i></li>
<li><i>However, if you do sign an agreement for property held by the
State Treasurer's office, the law is very specific. Again, before
signing any agreement, please read the following excerpts from the Iowa
Code.
</i></li>
</ul>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-18346091355549296202011-11-27T18:24:00.001-08:002011-11-27T18:28:57.886-08:00Florida Treasure Hunt - Search for Unclaimed MoneyThe Florida Treasure Hunt helps Floridians locate lost and unclaimed money. Anybody can conduct a free internet search for missing cash at the Treasurer's website. <br />
<br />
Currently, the <a href="http://www.fltreasurehunt.org/index.jsp">Chief Financial Officer of Florida</a> holds unclaimed property accounts
valued at more than $1 billion, mostly from dormant accounts in
financial institutions, insurance and utility companies, securities and
trust holdings.
In addition to money and securities, unclaimed property includes
tangible property such as watches, jewelry, coins, currency, stamps,
historical items and other miscellaneous articles from abandoned safe
deposit boxes.
Unclaimed money is deposited into the state school fund, where it
is used for public education. There is, however, no statute of
limitations, and citizens have the right to claim their property any
time at no cost.<br />
<br />
If you have questions regarding how the FL treasure hunt works, you can reference the state's Frequently Asked Questions (<a href="http://www.fltreasurehunt.org/FAQ.jsp">FAQ</a>) page... Where you can find how long the process takes? What forms are required? and What happens if you moved out-of-state?<br />
<br />
It's also important to note that you can search on the website to see if any deceased/dead relatives have any unclaimed assets that may rightfully become the property of their estate (and eventually you).Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-63152907255438736722011-10-19T20:07:00.000-07:002011-10-19T20:07:25.835-07:00Oklahoma's Missing Money Program<object data="http://www.kjrh.com/video/videoplayer.swf?dppversion=10783" height="280" id="video" type="application/x-shockwave-flash" width="320"><param value="http://www.kjrh.com/video/videoplayer.swf?dppversion=10783" name="movie"/>
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<b>
Oklahoma's Missing Money department which is run by the state treasurer has over $350 million of cash waiting be claimed.</b>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-34657367705906302312011-10-03T19:45:00.000-07:002011-10-03T19:45:51.308-07:00Oprah Helps People Find Unclaimed Money<iframe width="420" height="315" src="http://www.youtube.com/embed/dIEKOsgXYHw" frameborder="0" allowfullscreen></iframe>
In this old video clip, Oprah says that 9 out of 10 people may have unclaimed assets waiting for them. She helps to explain how viewers can go and search for their missing money online.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-69869107468263854512011-07-23T08:12:00.000-07:002011-07-23T08:16:13.611-07:00Nevadans Search For and Find $32 million in Unclaimed MoneyAccording to Las Vegas' local <a href="http://www.fox5vegas.com/story/15118177/nevadans-returned-a-record-32-million-in">Fox News affilliate</a> during the last fiscal year, tens of thousands of Nevadans contacted the state treasurer, filled out the correct forms and collected over $32 million. This beat the prior record of cash returned by over $7 million.<br /><br />However a big reason for the increase was because of the failure of Washington State Bank which helped to drive a total of $20 million of money into the state coffers awaiting their proper owners.<br /><br />As of now, almost 100,000 Nevadans (or ex-residents) have assets just waiting to be claimed from the State Treasurer's office thanks to a quick and simple online search.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-43662253812401880512011-07-15T19:02:00.000-07:002011-07-15T19:06:26.144-07:00Find missing money in Wisconsin<script type="text/javascript" src="http://www.MyFoxWausau.com/global/video/videoplayer.js?rnd=626467;hostDomain=www.MyFoxWausau.com;playerWidth=630;playerHeight=355;isShowIcon=true;clipId=6053433;flvUri=;partnerclipid=;adTag=News;advertisingZone=;enableAds=true;landingPage=;islandingPageoverride=false;playerType=STANDARD_EMBEDDEDscript;controlsType=overlay"></script><br /><br />The <a href="http://www.myfoxwausau.com/story/15083734/unclaimed-property">TV crew in Wausau, Wisconsin</a> lays out a plan on how folks in the Badger State have lots of cash and assets waiting for them---And they talk about how you can claim your funds... Wisconsin unclaimed property is the website that the WI treasurer has set up to list assets---Her grandmother who died in 2007 was on the list, so her Dad went to the site and got $632 in just about 8 weeks... So she started searching for her sister and brother-in-law...<br /><br />The lesson is if you don't find your name---keep searching for the names of your family members, parents, cousins and friends.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-50307366747830250122011-07-15T18:56:00.000-07:002011-07-15T19:01:14.434-07:00Illinois Cash Dash has over $1.5 billionIllinois State Treasurer Rutherford says that the people in the land of Lincoln <a href="http://www.mcdonoughvoice.com/news/x1186097693/Rutherford-says-state-holds-1-5B-in-unclaimed-assets-44B-in-bond-debt"> are owed over $1.5 billion in unclaimed assets</a>.<br /><br />Citizens may have forgotten about bank accounts, utility deposits or stock certificates that are eventually turned over to the state if their accounts stay idle for too long. Additionally, if family members pass away without a good accounting of their assets and money, valuables, cash and life insurance policies as well as safe deposit boxes get turned over to the State of Illinois and is just sitting there waiting for the heirs to contact Rutherford's office to file the correct paperwork and to be issued their checks for the missing money.<br /><br />If you live in Chicago or else where in IL you can search for unclaimed money at the <a href="http://www.treasurer. il.gov">treasurer's website</a>.<br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-31717803440313108862011-05-22T17:58:00.001-07:002011-05-22T18:06:56.849-07:00Indiana's Unclaimed Asset Pool Overflows with New DepositsRecently the state of <a href="http://www.journalgazette.net/article/20110512/NEWS07/305129979">Indiana offered an amnesty program</a> to financial institutions to turn over assets related to inactive accounts. The Hoosier State Attorney General Greg Zoeller said that in 2010 companies could turn over cash to the state without any penalty if it was being transferred late. This resulted in almost 400,000 accounts being deposited into the treasury's coffers.<br /><br />These new assets were over $55 in value, with most claims worth just under $100. The fund include bank deposits, stocks, bonds and other missing assets.<br /><br />The state holds onto the money for up to 25 years---after which time the state claims the money to pay for government expenses.<br /><br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-78803899551263059942011-01-22T14:09:00.000-08:002011-01-22T14:18:31.873-08:00Wisconsin Treasurer Sells Unclaimed Assets on Ebay<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhkWDLKvowgmZISEhBOWd0o8IrlcYf-w6Dd9hCGvdIB7Hg0La1N1SuvLIC3H_FXcCeYYD5yW5jeBhyHaCgFJFy5RMU06pntk1M432nJY9HwAWZTviBPwZOi6Ww9VPHdLpJa2qzSLhW0fks/s1600/wisconsin.gif"><img style="float: right; margin: 0pt 0pt 10px 10px; cursor: pointer; width: 213px; height: 197px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhkWDLKvowgmZISEhBOWd0o8IrlcYf-w6Dd9hCGvdIB7Hg0La1N1SuvLIC3H_FXcCeYYD5yW5jeBhyHaCgFJFy5RMU06pntk1M432nJY9HwAWZTviBPwZOi6Ww9VPHdLpJa2qzSLhW0fks/s320/wisconsin.gif" alt="" id="BLOGGER_PHOTO_ID_5565137883852973874" border="0" /></a><br />Every so often, the Wisconsin state treasurer sells of unclaimed assets (Frequently from safe deposit boxes) on eBay. In fact, the <a href="http://www.statetreasury.wisconsin.gov/category.asp?linkcatid=2618&linkid=1381&locid=155">state's January Auction</a> is expected to have plenty of coins (including silver dollars, quarters and dimes), jewelry, silverware, and baseball cards.<br /><br />If you're interested in placing a bid on some abandoned Wisconsin treasure, you should definitely check out their <a href="http://shop.ebay.com/wi.unclaimedproperty/m.html?_nkw=&_armrs=1&_from=&_ipg=&_trksid=p3686">ebay website</a>. Auctions don't happen all the time, but when they do you might be able to find some deals.<br /><br />And what ends up happening is that the state collects money via paypal, and should the family or its heirs end up wanting to claim the contents, they will receive the money instead. Moral of the story---know where you have safe deposit boxes and know if your parents have any such assets and valuables hanging out unbeknown to you.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-68804415355279307342010-11-29T18:27:00.001-08:002010-11-29T18:32:50.039-08:00One in Four Texans have Unclaimed PropertyAccording to the <a href="http://www.window.state.tx.us/up/">Texas State Controller</a>, one in four Texans have unclaimed assets waiting to be claimed at the state.<br /><br />Already in 2010, the state has returned over $160 million to residents who have done an easy online websearch for their assets.<br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZyzOUf1dbODNjlSwEgeS4TI2Cp8-uCt2n43L5t9H9y5o60dHWxwzbYhxMHOnVI7c-6u0_9Qy-CL44iOknk00ImkpX0wo6RU-aTSsTYMa7q1XfqFyT7TlmlCpAtlgOW5cnKzxqcu95loE/s1600/TX.gif"><img style="float: right; margin: 0pt 0pt 10px 10px; cursor: pointer; width: 320px; height: 310px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZyzOUf1dbODNjlSwEgeS4TI2Cp8-uCt2n43L5t9H9y5o60dHWxwzbYhxMHOnVI7c-6u0_9Qy-CL44iOknk00ImkpX0wo6RU-aTSsTYMa7q1XfqFyT7TlmlCpAtlgOW5cnKzxqcu95loE/s320/TX.gif" alt="" id="BLOGGER_PHOTO_ID_5545163937493198594" border="0" /></a><br /><br />According to the treasurer:<br /><br /><p></p><blockquote style="font-style: italic;"><p>The Texas Comptroller of Public Accounts is responsible for administering the Texas Unclaimed Property Program. Property is turned over to the Comptroller's office annually when the owner's whereabouts are unknown and the property has been inactive on the books of the reporting company after the appropriate abandonment period has expired.</p> <h2>Unclaimed Property Statutes</h2> <p>Title 6 of the Texas Property Code governs the State of Texas Unclaimed Property Program. To view the statutes, go to the <a class="ext-link" href="http://www.statutes.legis.state.tx.us/">Texas Legislature Online Web site</a> and select Property Code and the appropriate chapter.</p> <p>Chapters 72 through 75 apply to the reporting, delivery and claims process for abandoned property. Chapter 76 applies only to unclaimed property held and reported by Texas counties, municipalities and independent school districts.</p> <h2>Is there a time limit for claiming my property?</h2> <p>No, the Comptroller's office acts only as custodian for the missing owners, holding the property in trust until it is claimed. Texas never takes legal ownership of the property, so there is no time limit for filing a claim.</p></blockquote><p></p><br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-58503742464547643652010-11-15T18:03:00.001-08:002010-11-15T18:07:00.478-08:00California has over $6 billion of unclaimed propertyAccording to the <a href="http://www.sacbee.com/2010/11/14/3181591/personal-finance-california-has.html">Sacramento Bee</a> Californians have over six billion dollars of unclaimed property and assets waiting to be claimed; including old paychecks, insurance checks and stock dividends.<br /><br />Recently, banks had to submit their annual report of names and assets of people who have had dormant accounts at their institutions for the past 3 years (after which the funds escheat to the state treasurers office).<br /><br />Fortunately, it's easy to do an online search for your missing assets.<br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-89339643246142996872010-11-05T17:59:00.000-07:002010-11-05T18:03:15.879-07:00What sites help me search for lost assets?<object height="385" width="640"><param name="movie" value="http://www.youtube.com/v/-9-D0drMRZs?fs=1&hl=en_US"><param name="allowFullScreen" value="true"><param name="allowscriptaccess" value="always"><embed src="http://www.youtube.com/v/-9-D0drMRZs?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" height="385" width="640"></embed></object><br /><br />Where can I find web sites to help find lost assets, this video clip lets you know how you can find your state treasurer's "treasure hunt" site; or use other government websites to find unclaimed pensions or lost stock certificates.<br /><br />The old-days of mailing off letters to multiple states are over... Now everyone can search for missing money owed to them, their family or their dead relatives very easily from a host of free websites. Some experts even estimate that 1 in 8 Americans have cash that's owed to them and that is currently sitting in government bank accounts waiting to be claimed.<br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-26104882534829718842010-11-04T18:20:00.000-07:002010-11-04T18:26:31.682-07:00Unclaimed Property in North Carolina<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfAlER3UKwmHpLMLL8gQf_GGt2e21GtyAsmnuXuVAKBrV41BbEvRiu57D8aaf5UPxun3QVS-y7QoyifEDbTZi8PMtmgcwz0K6CpNJce_y03KpR0L2vHHzOIw7uZTNKz_3Ed-WVoLxJ4RI/s1600/NorthCarolina.jpg"><img style="float: right; margin: 0pt 0pt 10px 10px; cursor: pointer; width: 320px; height: 247px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfAlER3UKwmHpLMLL8gQf_GGt2e21GtyAsmnuXuVAKBrV41BbEvRiu57D8aaf5UPxun3QVS-y7QoyifEDbTZi8PMtmgcwz0K6CpNJce_y03KpR0L2vHHzOIw7uZTNKz_3Ed-WVoLxJ4RI/s320/NorthCarolina.jpg" alt="" id="BLOGGER_PHOTO_ID_5535870032644423986" border="0" /></a><br /><a href="https://www.nctreasurer.com/Dsthome/AdminServices/UnclaimedProperty/Default.htm">NC Cash</a> is the North Carolina Treasurer's website for citizens of the tar-heel state to search for unclaimed assets.<br /><br />Here's some information about how the state's program workss.<br /><br />NC Cash Unclaimed Property Program The North Carolina Department of State Treasurer holds nearly $600 million in unclaimed property. With one million properties in the database and eight million North Carolinians, there is a one in eight chance that a North Carolina citizen has a claim. In the past year, over $39 million in unclaimed property has been returned.<br /><blockquote><span style="font-style: italic;">• Unclaimed property consists of bank accounts, wages, utility deposits, insurance policy proceeds, stocks, bonds, and contents of safe deposit boxes that typically have been abandoned for one to five years.</span><br /><span style="font-style: italic;">What is unclaimed property?</span><br /><span style="font-style: italic;">• Funds become unclaimed because the holder loses track of the owner perhaps due to an incorrect address or misinformation in their claim such as reversing the numbers in their zip code.</span><br /><span style="font-style: italic;">• According to the State Constitution, the interest earnings on the fund go to needy and worthy North Carolina public university and community college students.</span><br /></blockquote><br />How can you find your own NC Cash?<br />www.nccash.com to search the online database of unclaimed property.<br /><blockquote style="font-style: italic;">• You can print a claim form from www.nccash.com or call (919) 508-1000 to request a claim form.<br />• Sign the claim form and if the amount is greater than $50, you must have your signature notarized. Attach the requested proof of ownership and mail it to the Unclaimed Property address on the bottom of the claim form.<br />• The Department of State Treasurer also provides a staffed booth at conferences, fairs and meetings.<br />• Approximately $2.5 million is typically distributed per month to the rightful owners.<br />NC Cash Facts<br />• The interest earned on the funds goes to the State Educational Assistance Authority (SEAA) in the form of grants, loans and scholarships to North Carolina college students attending public universities and community colleges.<br />• In 2009, the unclaimed property program assisted over 88,000 students.</blockquote><br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-57496148629509342212010-10-22T15:42:00.000-07:002010-10-22T15:52:00.855-07:00New York's Office of Unclaimed Funds is sitting on $10.5 billionAccording to <a href="http://www.osc.state.ny.us/ouf/index.htm">New York's state comptroller Thomas DiNapoli</a> the empire state is currently sitting on over $10 billion of unclaimed assets waiting to be claimed. More than 25 million accounts have been turned over to the state. During the last fiscal year, over $650 million was turned over and only $227 million was returned to 360,000 New Yorkers.<br /><br />things like inactive bank or investment accounts. Some of this money could be yours. See how easy it is to search for lost money by watching this tutorial. And it's important to note that while there is NO fee to claim your money; some "finder firms" are legally allowed to collect up to 15% of the funds if you agree to let them help you find your long lost cash.<br /><br /><object height="385" width="640"><param name="movie" value="http://www.youtube.com/v/LrCm-x2MUr0?fs=1&hl=en_US"><param name="allowFullScreen" value="true"><param name="allowscriptaccess" value="always"><embed src="http://www.youtube.com/v/LrCm-x2MUr0?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" height="385" width="640"></embed></object><br /><br />Some other statistics concerning the assets that were returned to people are that 40% of all returns were less than $50 and 60% of funds returned were for less than $100. But many things worth thousands of dollars were also returned. <a href="http://www.osc.state.ny.us/ouf/ouf_factsheet.pdf">In fact the largest single claim ever paid was $4 million.</a><br /><br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-85300787101196653082010-10-19T17:21:00.000-07:002010-10-19T17:28:09.035-07:00Missouri's Unclaimed Assets Email ListThe State of Missouri's treasurer Clint Zweifel recently became the second leader in the country to set up a process to email people whenever their name gets on the state's unclaimed assets list.<br /><br />Residents must opt-in to be placed on the list by filling out their information <a href="http://www.treasurer.mo.gov/ucponlineregistration/default.aspx">here</a>. And then in the coming years, if any bank account, utility account, brokerage fund etc... gets escheated to the state of Missouri, the treasurers office will email you and tell you how to claim it.<br /><br />Since this list will be around for years, you should use an email address that will follow you around for years (such as a gmail or yahoo.com address) and probably not use a work email address that you my stop using if you lose your job or decide to retire.<br /><br />According to <a href="http://www.stltoday.com/business/columns/savvy-consumer/article_bea6459e-dbbd-11df-b8d9-00127992bc8b.html">St. Louis Today</a> , the state is holding onto over $180 million of unclaimed funds and returned over $30 million during the fiscal year ending June 30, 2010---This included one lucky guy who received a check for over $1 million!<br /><br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6138869858102520808.post-40875259021035600052010-10-19T16:34:00.000-07:002010-10-19T16:41:40.197-07:00Detroit owes crime victim's moneyThe <a href="http://www.freep.com/article/20101017/NEWS02/10170550/1004/news02/Wayne-County-owes-crime-victims-nearly-4-million">Detroit Free Press</a> reports that Wayne County courts are sitting on $4 million dollars of restitution that the court collected on behalf of victims of crime. Unfortunately the the county clerks office has done a miserable job of actually looking for the people who are owed the money. Consequently the money just sits in the government's coffers instead of being delivered to the people.<br /><br />If you were involved in a court case and were awarded restitution payments and are still waiting for a check----You should assume that the government may be too lazy to track you down to mail you the check. I'd suggest that you'd read the FREEP article, and call the county prosecutor and the county clerk to see if the plantiff has made restitution .<br /><br /><p style="font-style: italic;"></p><blockquote><p style="font-style: italic;">Prosecutor Kym Worthy has tried to address the problem for years. She said her office <em style="">does</em> pass victim information to clerks and is willing to help track down victims, but the clerk's office has stopped asking for help. </p> <p style="font-style: italic;">Lost in the finger-pointing are the victims who aren't paid -- a grandmother, an autoworker, a student, a disabled adult, business owners, even police and fire departments. For all of them, justice is overdue.</p></blockquote><p style="font-style: italic;"></p><br /><input id="gwProxy" type="hidden"><!--Session data--><input onclick="if(typeof(jsCall)=='function'){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" type="hidden"><div id="refHTML"></div>Unknownnoreply@blogger.com0