(Part 1 of 2)
The state of WA is home to some of the world wide web's major players. Even Bill Gates, the U.S.' richest man, hails from Medina, WA Microsoft, his company, is based out of Redmond. Classmates.com, Whitepages.com, Amazon.com and Marchex also make WA their home. The fact then that more than 1.5 million residents are owed an excess of $700 million in unclaimed funds in WA State is ironic, sense searching for unclaimed property and money can be done online from the comfort of their home or even the local Starbucks.
According to the WA State Dept. Of Revenue site, typical unclaimed funds includes abandoned insurance proceeds, bank accounts, bonds, stocks, safe deposit box contents, mutual funds, uncashed payroll, utility and phone company deposits, traveler's checks, insurance, and other types of financial assets. Unclaimed money doesn't include most tangible assets such as real estate and vehicles. State laws require insurance companies, banks, credit unions, government entities, retailers, corporations, and utilities to turn WA unclaimed property and money over to the state if their owners cannot be located after 3-5 years (depending on the item). The State's Unclaimed Property Law states: "State law protects unclaimed property until it can be returned. There is no time limit for filing a claim and rightful owners or their heirs can claim property reported since 1955. The state may auction the content of safe deposit boxes, however, if not claimed within five years."
WA was the first state to have a working system for claiming forgotten property and money. As a matter of fact, the WA State Dept. of Revenue recently won the Award for Outstanding Management and Organizational Initiative for its 'Unclaimed Property E-Claim System'. The total waiting to be reunited with their owners is still in excess of 500 million dollars however, despite the unclaimed funds program being implemented to seek out more owners of WA unclaimed funds and that makes claiming easier for them.
(to be continued)
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Q: My mother passed away several months ago, and I was the executor. A firm called “Keane” contacted me about the possibility of some
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(Part 2 of 2)
Washington was actually the very first state to have a working system for claiming forgotten property and money. In fact, the Washington 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 is still in excess of half a billion dollars however, despite the unclaimed money program being administered to track down more owners of Washington unclaimed money and that makes claiming these funds easier for them.
The issue may lie in more than one factor – the fast paced lifestyle we live these days, the notion people have that mountains of paperwork are involved when dealing with the government, and and simply not believing that these assets are out there. The more people change addresses, jump from spouse to spouse (changing last names), jump from job to job, the more likely that they are going to lose track of some of their financial assets like inheritances from a relative that had passed away or tax refunds from the IRS. Even those that are aware of the potential that they could have unclaimed money in Washington and other states might not bother doing a search at all assuming it's not worth the effort.
The Unclaimed Property Division collects over $55 million in abandoned or lost assets each year in Washington State and that amount adds up with each passing year. Educate yourself on all the different ways to search, when you need to search, and where to search and get started locating money you could have coming today! Who knows? For a change, the government might owe you money this time instead of you owing the government.
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Under law, the
The government has $32 million in unclaimed property; here is how to find yours The National Association of Unclaimed Property reports that there is about $32 billion in unclaimed property held by states
Is offer of Q: My mother passed away several months ago, and I was the executor. A firm called “Keane” contacted me about the possibility of some
(Part 1 of 2)
The state of Washington is home to some of the world wide web's major players. Even Bill Gates, the United States' richest man, made his home in Medina, Washington and his company, Microsoft, is based in Redmond. Whitepages.com, Amazon.com, Classmates.com and Marchex also call Washington their home. The fact then that over 1.5 million residents are owed an excess of 700 million dollars in unclaimed money in Washington State is ironic, sense searching for unclaimed property and money can be done on the web from the comfort of their bedroom or even the local Starbucks.
According to the Washington State Department Of Revenue web site, typical unclaimed money includes abandoned bank accounts, insurance proceeds, stocks, bonds, and mutual funds, safe deposit box contents, utility and phone company deposits, uncashed payroll, insurance, and traveler's checks, and other types of financial assets. Unclaimed property doesn't include most tangible assets such as vehicles and real estate. State Law requires government entities, retailers, corporations, and utilities, insurance companies, banks, credit unions to turn Washington unclaimed property and money over to the state if their owners can not be located after three to five years (depending on the item). The State's Unclaimed Property Law states: "State law protects unclaimed property until it can be returned. There is no time limit for filing a claim and rightful owners or their heirs can claim property reported since 1955. The state may auction the content of safe deposit boxes, however, if not claimed within five years."
(to be continued)
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Unclaimed Money: IRS Has $1B for Late 2008 Filers IRS: Half of Potential 2008 Refunds Are $637 or More
ALBANY — Ever wonder what happens to your nickel deposit whenever you toss a soda can or beer bottle without returning it? Under a bill receiving serious consideration in the state Legislature, most of it would go back into a state fund that …
Under law, the
(Part 2 of 2)
The issue may lie in more than one factor – the fast paced lifestyle we live in today, the idea people have that mountains of paperwork are required when dealing with the government, and and simply not believing that these assets are out there. The more people jump from spouse to spouse (changing last names), jump from job to job, change addresses, the more likely it is that they are going to lose track of some 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 potential that they could have unclaimed money in Washington and other states often do not bother performing a search at all assuming it is not worth the effort.
The Unclaimed Money Division takes in more than 55 million dollars in lost or abandoned assets annually in Washington State and that amount adds up with each passing year. Educate yourself on all the different ways to search, how often to search, and where to search and get started locating money you might have coming today! Who knows? For once, the government may owe you money this time instead of the other way around.
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ALBANY — Ever wonder what happens to your nickel deposit whenever you toss a soda can or beer bottle without returning it? Under a bill receiving serious consideration in the state Legislature, most of it would go back into a state fund that …
Do you have Newly elected Mississippi State Treasurer Lynn Fitch has already given out $5 million in
A new YouTube video reveals how an
Vallejo has $17,500-plus of unclaimed money held by California The city of Vallejo may have more than $17,500 in unclaimed money waiting in state coffers.That kind of money could convert about 35 high-pressure sodium street lights into energy-efficient LED street lights, said Vallejo Public Works Director David Kleinschmidt.
IRS Has $1 Billion in If you do, then the U.S. Treasury gets to keep your
(Part 1 of 2)
The state of Washington is home to some of the world wide web's major players. Even Bill Gates, the United States' wealthiest man, hails from Medina, Washington Microsoft, his company, is based in Redmond. Amazon.com, Classmates.com, Whitepages.com and Marchex also make Washington their home. The fact then that more than one and a half million residents are owed an excess of $700 million in unclaimed money in Washington State is ironic, sense looking for unclaimed property and money can be done on the internet from the comfort of their home or even the local Starbucks.
According to the Washington State Dept. Of Revenue website, typical unclaimed money includes abandoned insurance proceeds, bank accounts, bonds, stocks, safe deposit box contents, mutual funds, uncashed payroll, utility and phone company deposits, traveler's checks, insurance, and other financial assets. Unclaimed funds does not include most tangible assets such as real estate and vehicles. State laws require banks, insurance companies, retailers, credit unions, utilities, corporations, and government entities to turn Washington unclaimed property and money over to the state if their owners cannot be located after 3-5 years (depending on the type of property). The State's Unclaimed Money Law states: "State law protects unclaimed property until it can be returned. There is no time limit for filing a claim and rightful owners or their heirs can claim property reported since 1955. The state may auction the content of safe deposit boxes, however, if not claimed within five years."
Washington was actually the first state to have a working system for claiming abandoned property and money. As a matter of fact, the Washington State Dept. 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 half a billion dollars however, despite the unclaimed money program being administered to track down more owners of Washington unclaimed money and that makes claiming these funds easier for them.
(to be continued)
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California holding $6 billion in SACRAMENTO, Calif. (KGO) — Could you use a little cash? The state of California is holding $6 billion in
Jefferson Township must use or lose $15,000 of block grant Jefferson Township supervisors are trying to figure out how to spend
Dawson-Bryant High School receives funding for online student project School officials were presented a check for $1,105.69 earlier this month from the Ohio Department of Commerce, Division of
In New York, most bottled or canned beverages carry a 5-cent deposit. As it stands, 80 percent of
IRS Has $1 Billion in If you do, then the U.S. Treasury gets to keep your
(Part 2 of 2)
Washington was actually the first state to have a streamlined system for claiming lost property and money. As a matter of fact, the Washington State Dept. of Revenue recently received the Award for Outstanding Management and Organizational Initiative for its 'Unclaimed Property E-Claim System'. The total waiting to be found and claimed by the owners still exceeds half a billion dollars however, despite the unclaimed money program being implemented to track down more owners of Washington unclaimed money and that makes claiming easier for them.
The problem may lie in a number of factors – the fast paced lifestyle we live in today, the idea people have that mountains of paperwork are involved when dealing with the government, and and simply not believing that these assets are out there. 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 some of their financial assets like inheritances from a relative that had passed away or tax refunds from the IRS. Even those that are aware of the possibility that they could have unclaimed money in Washington and other states often don't bother performing a search at all thinking it's not worth the effort.
The Unclaimed Funds Division collects more than $55 million in lost or abandoned assets each year in Washington State and that amount adds up with every year that goes by. Educate yourself on all the various ways to search, when you need to search, and where to search and get started finding money you could have coming ASAP! Who knows? For a change, the government might owe you money this time instead of you owing the government.
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Unclaimed Money: IRS Has $1B for Late 2008 Filers IRS: Half of Potential 2008 Refunds Are $637 or More
Daniel Vasquez: Beware Florida which oversees more than $1 billion dollars in
Do you have unclaimed money? UNCLAIMED MONEY? Bryan residents who have unclaimed money or safe deposit box can find out in the newest database available through bryancountynow.com. The Georgia Department of Revenue has provided the names of those people who have unclaimed funds.
Homeowners should be sure to get their Citizens' refund: An editorial Thousands of homeowners leave
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