(Part 1 of 2)
Have you ever wondered what becomes of abandoned bank accounts and other financial assets whose owners (or relatives of said owners) cannot be tracked down? The Unclaimed Property Law requires businesses and financial institutions to hand them over to the government after a specific 'dormancy period'. These assets then remain in the care of the State Treasury until the rightful owners come for them. The law also requires states to make efforts in reuniting the lost money with their rightful owners. Some states show more progress than others when it comes to this and the state of West Virginia routinely places among the nation's top 10 rate of properties returned, according to a recent press release by the State's Treasury Dept.
Surprised West Virginians all across the state have been getting unclaimed money checks from financial assets they forgot about at some point in time . In Harrison County, a total of $193,563 has been returned to a handful of residents of the state in fewer than 3 weeks – this according to a recent report. In Beckley, a total of $220 thousand in West Virginia unclaimed money checks were given out, and a South Charleston senior citizen was given $23,000 worth of United States Savings Bonds that had originally belonged to her now deceased sister. "To receive $23,000 that you basically didn't know existed is quite nice," said Anne McConihay. "I had heard things about those bonds through the years but never saw any of them." said the 84-year-old McConihay who also owned bonds bought by her father but does not exactly recall what happened to them. "Ms. McConihay's situation is a perfect example of why states should be given the responsibility of returning these bonds," noted State Treasurer Perdue. "This money belongs to people, not the federal government. And states already have the systems and expertise in place to complete this mission."
After getting $117,000 from the State Treasurer's Office, Andy Bragg, of Southern West Virginia Paving said, "We were very surprised when the State Treasurer's office called and told us they might have some unclaimed property that belonged to us."
Despite efforts of award winning West Virginia State Treasurer John Perdue to reunite forgotten funds that belong to his state's residents however, there is still roughly 110 million dollars waiting to be found in West Virginia alone.
(to be continued)
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Mass. treasurer says
For local municipalities, it’s the equivalent of finding
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(Part 2 of 2)
Despite efforts of award winning WV State Treasurer John Perdue to give back missing money belonging to his state's residents however, there's still approximately $110 million waiting to be located in WV alone.
The WV unclaimed funds total is so large for the same reasons the nationwide unclaimed funds from lost assets has climbed to over $33 billion. According to State Treasurer John Perdue, unclaimed funds can come from a variety of sources – mainly because people just simply forgot about them. "They may have a paycheck coming to them that they didn't realize or some stock their grandparents purchased when they were a child and it was forgotten in a safety deposit box," Perdue says. "There are all kinds of unclaimed property examples where money was forgotten."
No matter the reason, residents of 'The Mountain State' should all do an unclaimed funds search in WV and other states. The easiest and most convenient way is to do this on the internet with the assistance of a legitimate unclaimed funds professional who can show you the proper methods of doing effective and thorough searches for your unclaimed funds as well as pre-escheat property (lost assets not yet turned over to the state).
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Time runs out on Citizens insurance rebates
BATON ROUGE — Property and casualty insurance policyholders in the state left nearly $11 million on the table in
This week, I'm answering questions from readers, because there's an
Medway’s returned
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(Part 1 of 2)
Did you ever wonder what happens to forgotten bank accounts and other financial assets whose owners (or relatives of said owners) cannot be tracked down? The Unclaimed Property Law requires financial institutions and businesses to hand them over to the government after a specific 'dormancy period'. These monies will remain in the care of the State Treasury until the true owners come for them. Additionally the law requires states to make efforts in getting the lost money back to their rightful owners. Some states show more progress than others when it comes to this and the state of WV routinely places among the country's top 10 in rate of return, according to a recent statement by the State's Treasury Department.
Jubilant West Virginia Residents all over the state have been getting unclaimed funds checks from financial assets they forgot about of over the years . In Harrison County, a total of over $193 thousand has been returned to a handful of residents of the state in fewer than 3 weeks – this according to a recent report. In Beckley, a total of $220,000 in West Virginia unclaimed money checks were given out, and an elderly South Charleston woman was given $23,000 worth of U.S. Savings Bonds that were in her deceased sister's name. "To receive $23,000 that you basically didn't know existed is quite nice," said Anne McConihay. "I had heard things about those bonds through the years but never saw any of them." stated the 84-year-old McConihay who also owned bonds bought by her father but doesn't exactly remember what happened to them. "Ms. McConihay's situation is a perfect example of why states should be given the responsibility of returning these bonds," noted State Treasurer Perdue. "This money belongs to people, not the federal government. And states already have the systems and expertise in place to complete this mission."
After getting $117,000 from the State Treasurer's Office, Andy Bragg, of Southern West Virginia Paving said, "We were very surprised when the State Treasurer's office called and told us they might have some unclaimed property that belonged to us."
(to be continued)
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Latest
“We have put lots of
Mass. treasurer says unclaimed monetary property is available
For local municipalities, it’s the equivalent of finding money in the pocket of a forgotten pair of pants. State Treasurer Steven Grossman announced Thursday that his office’s Unclaimed Property Division returned nearly $425,000 in unclaimed monetary property owned by 124 cities and towns, including most of the communities in the Fall River area.
Unclaimed Stock: Find Lost Shares
This week, I'm answering questions from readers, because there's an unclaimed money question that keeps coming up again and again. That tells me there's a need, so here goes. Here are two samples of the questions I've gotten:
North Carolina Works Hard to Return
Time runs out on Citizens insurance rebates
BATON ROUGE — Property and casualty insurance policyholders in the state left nearly $11 million on the table in
(Part 2 of 2)
After receiving $117 thousand from the State Treasurer's Office, Andy Bragg, of Southern West Virginia Paving said, "We were very surprised when the State Treasurer's office called and told us they might have some unclaimed property that belonged to us."
Despite efforts of award winning West Virginia State Treasurer John Perdue to reunite forgotten funds that belong to his state's residents however, there's still roughly 110 million dollars waiting to be discovered in West Virginia alone.
The West Virginia unclaimed money total is so massive for the same reasons the national unclaimed money from abandoned cash has amassed to over 33 billion dollars. According to State Treasurer John Perdue, unclaimed money can arrive from a variety of sources – mostly because people just simply forgot about them. "They may have a paycheck coming to them that they didn't realize or some stock their grandparents purchased when they were a child and it was forgotten in a safety deposit box," Perdue says. "There are all kinds of unclaimed property examples where money was forgotten."
Whatever the reason, residents of 'The Mountain State' should all do an unclaimed money search in West Virginia and other states. The most convenient and easiest way is to do this online with the help of a legitimate unclaimed money professional who can teach you the proper methods of doing effective and thorough searches for your unclaimed money as well as pre-escheat property (lost assets that have not yet been handed over to the state).
–
Auditor to auction
LITTLE ROCK — The state will auction
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(Part 1 of 2)
Did you ever wonder what becomes of lost bank accounts and other financial assets whose owners (and relatives of the original owners) can't be located? The Unclaimed Property Law requires financial institutions and businesses to hand them over to the government after a certain 'dormancy period'. These monies will remain in the care of the State Treasury until the rightful owners claim them. The law also requires states to make efforts in getting the lost money back to their rightful owners. Some states show more efficiency than others when it comes to this and the state of West Virginia routinely places among the country's top 10 in rate of return, according to a recent statement by the State's Treasury Dept.
Jubilant West Virginia Residents all across the state have been receiving unclaimed money checks from financial assets they lost track of over the years . In Harrison County, a total of over $193 thousand has been given back to a handful of residents of the state in less than 3 weeks – this according to a recent report. In Beckley, a total of $220 thousand in West Virginia unclaimed money checks were given out, and an elderly South Charleston woman was given $23,000 worth of U.S. Savings Bonds that were in her deceased sister's name. "To receive $23,000 that you basically didn't know existed is quite nice," said Anne McConihay. "I had heard things about those bonds through the years but never saw any of them." stated the 84-year-old McConihay who had also owned bonds purchased by her father but does not exactly remember what happened to them. "Ms. McConihay's situation is a perfect example of why states should be given the responsibility of returning these bonds," noted State Treasurer Perdue. "This money belongs to people, not the federal government. And states already have the systems and expertise in place to complete this mission."
(to be continued)
–
Unclaimed Money in Stocks: How to Track it Down
This week, I'm answering questions from readers, because there's an unclaimed money question that keeps coming up again and again. That tells me there's a need, so here goes. Here are two samples of the questions I've gotten:
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(Part 2 of 2)
The West Virginia unclaimed property total is so massive for the same reasons the nationwide unclaimed property from abandoned cash has amassed to over 33 billion dollars. According to State Treasurer John Perdue, unclaimed property can come from a variety of sources – mainly because people just plain forgot about them. "They may have a paycheck coming to them that they didn't realize or some stock their grandparents purchased when they were a child and it was forgotten in a safety deposit box," Perdue says. "There are all kinds of unclaimed property examples where money was forgotten."
No matter the reason, residents of 'The Mountain State' should all do an unclaimed property search in West Virginia and other states. The most convenient and easiest way is to do this on the internet with the help of a legitimate unclaimed property expert who can teach you the proper methods of doing effective and thorough searches for your unclaimed property as well as pre-escheat properties (lost assets that have not yet been handed over to the state).
–
$1.5B in
The
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(Part 1 of 2)
Have you ever wondered what happens to lost bank accounts and other financial assets whose owners (or relatives of the original owners) can not be located? The Unclaimed Property Law requires financial institutions and businesses to hand them over to the government after a certain 'dormancy period'. These assets then remain in the hands of the State Treasury until the rightful owners come for them. Additionally the law requires states to make efforts in reuniting the lost money with their rightful owners. Some states show more efficiency than others when it comes to this and the state of West Virginia regularly places among the country's top 10 rate of properties returned, according to a recent press release by the State's Treasury Department.
Jubilant West Virginians all across the state have been getting unclaimed property checks from financial assets they forgot about at some point in time . In Harrison County, a total of over $193 thousand has been given back to a handful of residents of the state in less than three weeks – this according to a recent report. In Beckley, a total of $220,000 in West Virginia unclaimed money checks were given out, and an elderly South Charleston woman was given $23,000 worth of U.S. Savings Bonds that were in her deceased sister's name. "To receive $23,000 that you basically didn't know existed is quite nice," said Anne McConihay. "I had heard things about those bonds through the years but never saw any of them." stated the 84-year-old McConihay who also owned bonds bought by her father but does not exactly remember what became of them. "Ms. McConihay's situation is a perfect example of why states should be given the responsibility of returning these bonds," noted State Treasurer Perdue. "This money belongs to people, not the federal government. And states already have the systems and expertise in place to complete this mission."
After receiving $117,000 from the State Treasury Office, Andy Bragg, of Southern West Virginia Paving said, "We were very surprised when the State Treasurer's office called and told us they might have some unclaimed property that belonged to us."
Despite efforts of award winning West Virginia State Treasurer John Perdue to give back forgotten funds that belong to his state's residents however, there is still approximately $110 million waiting to be found in West Virginia alone.
(to be continued)
–
Find your unclaimed money
Take 5 minutes to do a quick online check for funds you might have lost track of.
The TSA Makes $400,000 a Year Finding Loose Change
Airport travelers left $409,085.56 at security checkpoints across the country in 2010, simply by emptying the change in their pockets into those plastic bins and not picking it up again. The Transportation Security Administration says they collect all the unclaimed money in a jar that gets counted and sent to the finance office where it's added to the general operations fund. (John F. Kennedy …
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(Part 2 of 2)
Despite efforts of award winning West Virginia State Treasurer John Perdue to reunite missing money that belong to his state's residents however, there is still roughly 110 million dollars waiting to be found in West Virginia alone.
The West Virginia unclaimed funds total is so large for the same reasons the nationwide unclaimed funds from lost assets has amassed to over 33 billion dollars. According to State Treasurer John Perdue, unclaimed funds can arrive from a variety of sources – mainly because people just plain forgot about them. "They may have a paycheck coming to them that they didn't realize or some stock their grandparents purchased when they were a child and it was forgotten in a safety deposit box," Perdue says. "There are all kinds of unclaimed property examples where money was forgotten."
No matter the reason, residents of 'The Mountain State' should all do an unclaimed funds search in West Virginia and other states. The most convenient and easiest way is to do this on the web with the help of a legitimate unclaimed funds expert who can teach you the proper methods of doing effective and thorough searches for your unclaimed funds as well as pre-escheat property (lost assets not yet turned over to the state).
–
Ohio Division of Unclaimed Funds working harder to return money to owners
Ohio’s Division of Unclaimed Funds has returned $828 million to 838,000 claimants in its 30-year history, officials announced this morning.
Powerball jackpot goes
Players have 180 days to claim their prize. The
Lawmaker targets TSA's big chunk of change
"But it adds up." Melendez said all the
(Part 1 of 2)
Have you ever wondered what happens to forgotten bank accounts and other financial assets whose owners (or relatives of said owners) cannot be tracked down? The Unclaimed Property Law requires businesses and financial institutions to hand them over to the government after a specific 'dormancy period'. These assets will remain in the care of the State Treasury until the rightful owners claim them. Additionally the law requires states to make efforts in getting the lost money back to their rightful owners. Some states show more progress than others when it comes to this and the state of West Virginia regularly places among the country's top 10 rate of properties returned, according to a recent statement by the State's Treasury Department.
Jubilant West Virginians all across the state have been receiving unclaimed funds checks from financial assets they lost track of over the years . In Harrison County, a total of over $193 thousand has been returned to several residents of the state in fewer than 3 weeks – this according to a recent report. In Beckley, a total of $220,000 in West Virginia unclaimed money checks were handed out, and an elderly South Charleston woman was given $23 thousand worth of United States Savings Bonds that had originally belonged to her now deceased sister. "To receive $23,000 that you basically didn't know existed is quite nice," said Anne McConihay. "I had heard things about those bonds through the years but never saw any of them." stated the 84-year-old McConihay who also owned bonds purchased by her father but doesn't exactly remember what happened to them. "Ms. McConihay's situation is a perfect example of why states should be given the responsibility of returning these bonds," noted State Treasurer Perdue. "This money belongs to people, not the federal government. And states already have the systems and expertise in place to complete this mission."
After getting $117 thousand from the State Treasurer's Office, Andy Bragg, of Southern West Virginia Paving said, "We were very surprised when the State Treasurer's office called and told us they might have some unclaimed property that belonged to us."
(to be continued)
–
DO YOU HAVE
I just read that the IRS is looking to return more than $150 million in undelivered tax refund checks. Is this a scam? Is there a way to track down lost
Unclaimed money: Woman gets record $6.1 million
Unclaimed money goes to anonymous Kansas City woman for a lost security. The sum is the single largest return of unclaimed money in Missouri's history.
Unclaimed Money: $6.1 Million Payout in Missouri Could be Largest in U.S. History
Someone in Missouri will get very lucky today. That person will be the recipient of the largest unclaimed money award in U.S. history: $6.1 million.The states estimate that one in every 10 people has unclaimed money waiting for them. Sometimes the amounts can be eye-popping. In dusty warehouses in states all across the country lie records detailing $32 billion worth of unclaimed money, just …
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(Part 2 of 2)
After getting $117,000 from the State Treasury Office, Andy Bragg, of Southern West Virginia Paving said, "We were very surprised when the State Treasurer's office called and told us they might have some unclaimed property that belonged to us."
Despite efforts of award winning WV State Treasurer John Perdue to reunite missing money belonging to his state's residents however, there is still approximately 110 million dollars waiting to be discovered in WV alone.
The WV unclaimed funds total is so large for the same reasons the national unclaimed funds from lost assets has climbed to more than $33 billion. According to State Treasurer John Perdue, unclaimed funds can come from a variety of sources – primarily because people just plain forgot about them. "They may have a paycheck coming to them that they didn't realize or some stock their grandparents purchased when they were a child and it was forgotten in a safety deposit box," Perdue says. "There are all kinds of unclaimed property examples where money was forgotten."
Whatever the reason, residents of 'The Mountain State' should all do an unclaimed funds search in WV and other states. The easiest and most convenient way is to do this on the web with the assistance of a legitimate unclaimed funds professional who can teach you the proper methods of doing thorough and effective searches for your unclaimed funds as well as pre-escheat property (lost assets that have not yet been handed over to the state).
–
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