(Part 2 of 2)

WA was the very first state to have a working system for claiming abandoned property and money. In fact, the WA State Department of Revenue recently received the Award for Outstanding Management and Organizational Initiative for its 'Unclaimed Property E-Claim System'. The total waiting to be reunited with their owners still exceeds $500 million however, despite the unclaimed money program being administered to track down more owners of WA unclaimed money and that makes claiming these funds easier for them.

The problem may lie in a handful of factors – the fast paced lifestyle we live these days, the notion people have that piles of paperwork are necessary when dealing with any government agency, and plain disbelief. The more people change addresses, jump from spouse to spouse (changing last names), jump from job to job, the more likely it is that they are going to lose track of their financial assets like tax refunds from the IRS or inheritances from a relative that had passed away. Even people who are aware of the possibility that they could have unclaimed money in WA and other states often do not bother doing a search at all assuming it isn't worth the hassle.

The Unclaimed Funds Division takes in over 55 million dollars in lost or abandoned assets annually in WA State and that amount adds up with each passing year. Educate yourself on all the various ways to search, how often to search, and what sites to search and get started locating money you might have coming ASAP! Who knows? For a change, the government may owe you money this time instead of you owing the government.

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Find your
This post comes from Brandon Ballenger at partner site

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