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Uunclaimed Property #655575
07/15/12 03:23 PM
07/15/12 03:23 PM
Joined: Feb 2003
Posts: 15,019
Texas
O
olivant Offline OP
olivant  Offline OP
O

Joined: Feb 2003
Posts: 15,019
Texas
Some of you may not realize that every state (as far as I know) has an inventory of unclaimed property in the form of money.

Yesterday I just went to the Pennsylvania and Texas state websites and found what may be money those states are holding in trust for some of my relatives. I told them about it and they are going to file claims.

What happens is that after some period of time, a company, a government, or an organization which owes someone money (like a utility deposit, excess taxes or fees, even a checking or savings account) turns it over to your state which keeps it until you or an heir claims it. So, give your state's website a look. You could get a windfall.


"Generosity. That was my first mistake."
"Experience must be our only guide; reason may mislead us."
"Instagram is Twitter for people who can't read."
Re: Uunclaimed Property [Re: olivant] #655581
07/15/12 05:50 PM
07/15/12 05:50 PM
Joined: Apr 2002
Posts: 8,766
South of the Pinelands
MaryCas Offline
MaryCas  Offline

Joined: Apr 2002
Posts: 8,766
South of the Pinelands
Last year I got money from NY state for a house sale closing from 2007. I don't remember the amount - a few hundred. It was probably the result of escrow payments owed to me after the closing.

Another time I had some money to claim, but it was less than $50 from my father's estate. It wasn't worth processing so I left it for the state to do something good (yeah, right)


Whoever exalts himself will be humbled, whoever humbles himself will be exalted - Matthew 23:12
Re: Uunclaimed Property [Re: MaryCas] #655585
07/15/12 06:15 PM
07/15/12 06:15 PM
Joined: Feb 2003
Posts: 15,019
Texas
O
olivant Offline OP
olivant  Offline OP
O

Joined: Feb 2003
Posts: 15,019
Texas
Cool. There could be a small bonanza out there for some Board members.


"Generosity. That was my first mistake."
"Experience must be our only guide; reason may mislead us."
"Instagram is Twitter for people who can't read."
Re: Uunclaimed Property [Re: olivant] #655681
07/16/12 12:07 PM
07/16/12 12:07 PM
Joined: Apr 2006
Posts: 11,797
Pennsylvania
klydon1 Offline
klydon1  Offline

Joined: Apr 2006
Posts: 11,797
Pennsylvania
I got about $175 a few years ago from the unclaimed property site. It was for part of an expense allowance that I hadn't received in the 1990s.

Re: Uunclaimed Property [Re: olivant] #655743
07/16/12 10:17 PM
07/16/12 10:17 PM
Joined: Jan 2008
Posts: 5,325
MI
Lilo Offline
Lilo  Offline

Joined: Jan 2008
Posts: 5,325
MI
I've found a few things over the years but mostly they've been for siblings. Usually a few hundred here or there in old bank accounts or stocks.


"When the snows fall and the white winds blow, the lone wolf dies but the pack survives."
Winter is Coming

Now this is the Law of the Jungleā€”as old and as true as the sky; And the wolf that shall keep it may prosper, but the wolf that shall break it must die.
As the creeper that girdles the tree-trunk, the Law runneth forward and back; For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack.

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