Check Unclaimed Money in My Name
Unclaimed money has been making headlines over the past several years, and nearly every week there are reports of people who hit the jackpot and found out they are entitled to millions of dollars.
However, while there are many people who have reclaimed their money, there are still millions who are unaware they are entitled to unclaimed property. There is a great chance that you are also entitled to money from the states you lived in, and this is what you need to know about reclaiming money that is owed to you.
What is Unclaimed Money?
As of today, there are nearly $60 billion of unclaimed money that is waiting to be claimed back by its rightful owners. How is this possible? While it may seem unlikely that people are owed large sums of money without being aware of it, it's more common than you think; whenever residents of the US perform a change in their lives that involves money, they leave some money behind.
So, if you ever switched jobs, changed your address, changed your bank, changed a pension carrier, or performed any other important change, it is likely that you are entitled to unclaimed money. The money is gathered and maintained in pension funds, State-held unclaimed property, Tax refunds, Life insurance policies, Uncashed paychecks, Savings bonds (Only in the U.S) and other places.
After a pre-determined amount of time decided upon by each state, the unclaimed money is transferred to the treasurer office or the government. According to the US law, no one can use unclaimed money and property aside from its rightful owners. So, you can claim back the money that belongs to you at any time and get it back.
Unclaimed Property in the US
Aside from unclaimed cash, you may also be entitled to unclaimed property registered to your name or the name of your relatives. There are many Americans who are entitled to assets, jewelry, property, and other items that are worth money. In many cases, the unclaimed property belongs to people who have passed away.
The law in the US states that the relatives of people who have passed away can claim their money and property. So, you can search for unclaimed money and unclaimed property that is registered to your name as well as the name of your relatives.
How to Find Unclaimed Money
If you want to search for unclaimed money that belongs to you or one of your relatives, you will need to contact the authorities that may be in possession of it. In many cases, it would be the state treasurer of a branch of a state government that maintain information about the unclaimed property.
Contacting each authority can take up a great deal of time, but there is an easier way to search for unclaimed money registered to you or your relatives – an unclaimed money search directory.
When you enter a particular name into the search directory, it will scan public records that are registered to the name you entered. When the search is complete, you will receive a report that contains information about the unclaimed property. All the data in these reports are 100% accurate, so you will be able to reclaim the money and property that belong to you/your relatives whenever you want. On average, each person who is entitled to unclaimed money receives $900, and the amount varies from person to person.
Unclaimed money amounts to nearly $60 billion, and you may be one of the people who have money coming their way. To search for the unclaimed money and unclaimed property that belongs to you, use a public records directory that will provide you with information in no time.