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Unclaimed Assets: Money The Government Owes You! Missing Money Search - Find Unclaimed Property and Abandoned Funds |
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| Unclaimed Funds, Lost Assets and Abandoned Property |
| Financial assets are considered unclaimed
when contact with
owners or heirs is lost - typically due to a name change after
marriage or divorce, an unreported address change or expiration of a
postal forwarding order, because of incomplete or illegible records,
and most often after death of a family member.
The period of time that must pass before funds are legally deemed abandoned - the dormancy period - varies with the type of property involved, but generally runs one to five years. The most common types of money unclaimed: ► Bank accounts, safe deposit box contents, CDs (Certificates of Deposit) ► Stocks, savings bonds, mutual funds ► Uncashed checks and money orders ► Life insurance Policies ► IRA & 401(k) retirement accounts and pensions ► Unclaimed inheritances and estates owed missing heirs ► Government benefit checks and refunds ► Royalty payments, trust funds, deposits and escrow accounts. ► Family members often are unaware they’re eligible to collect unclaimed cash, benefits and refunds owed deceased relatives who passed on without an updated will. Billions of dollars in life insurance payments and retirement benefits are never paid, because heirs fail to notify insurance companies and retirement account custodians when the owner dies, and tracking missing beneficiaries is difficult. At the end of the statutory dormancy period those holding the unclaimed money - insurance companies, banks and credit unions, brokers, mutual funds, employers, courts, unions and government agencies themselves - transfer the cash to a trust account under a legal doctrine known as escheat. Here it awaits your claim. |
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There is no single missing money database
containing all funds available for claim. Don't be fooled by websites
selling memberships with recurrent monthly billing. ● You must initiate a search for
unclaimed money. Holders of abandoned funds generally will not contact
you.
● Family members are often unaware they’re entitled to collect forgotten funds and dormant assets owed deceased relatives. ● Unclaimed monies and refunds held by courts & federal agencies are not included in state unclaimed property databases. ● Unclaimed property claims refund checks average $800-$1000, but many are for substantially more, including a $6,100,000 payout in 2011. ● Some types of abandoned funds claims are subject to time limits, so prompt action is advised. |
| Find Missing Money |
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Think it couldn't be you? ... Think again! |
| Unredeemed | Unredeemed US Savings Bonds - $17 billion |
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Savings Bonds |
The value of lost and unredeemed U.S. Savings Bonds that have stopped earning interest at final maturity currently exceeds $17 billion. Savings Bond Search |
| Unknown | Are you a lost heir entitled to an unknown inheritance? |
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Inheritance |
Millions of family members are unaware they’re eligible to collect unclaimed money owed deceased relatives who passed away without leaving an up-to-date will. Missing Inheritance Search |
| Unclaimed | Missing life insurance policyholders & heirs |
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Life Insurance |
One in three life insurance policies go unclaimed on death of the insured, because family members aren't always aware a policy exists, or don't know how to track it down. Unclaimed Life Insurance Policy Search |
| Missing | Savings accounts, IRA Individual Retirement Accounts and CDs at closed banks |
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Bank Accounts |
Over 450 banks & credit unions have failed in the last few years including the largest ever, Washington Mutual (WaMu). Depositors may collect FDIC insurance - up to $250,000 per account. Lost Bank Account Search |
| Forgotten | Lost and unclaimed IRA Individual Retirement Accounts |
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IRA Accounts |
50 million Americans have an IRA. Individual Retirement Accounts worth billions of dollars go unclaimed every year, because owners or heirs fail to take required distributions or cash payout checks. Unclaimed IRA Search |
| Uncashed | Lost and Uncashed Checks |
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Checks |
Failure to cash or deposit a check does not terminate your right to the funds and the payor's responsibility to pay. This is generally true even if a check specifies a 'void-after' date. Uncashed Checks |
| Lost | Have you been contacted by an unclaimed asset tracer or heir finder? |
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Heirs |
Professional asset tracers track down family members and heirs of deceased relatives, demanding 35% or more for information on an unclaimed inheritance. Find and claim these funds yourself. Asset Tracers & Heir Finders |
| Missing | Unclaimed 401k retirement plan assets - $850 million |
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401(k) |
Each year, $850 million in 401(k) retirement plan assets owed employees of companies that have gone bankrupt or ceased operations go unclaimed. Families of deceased workers neglect to claim billions more. 401k Search |
| Unclaimed | $197 million in unclaimed pension benefits |
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Pensions |
36,000 missing employees and spouses are eligible to receive a share of $197 million in unclaimed pension benefits from bankrupt companies with terminated defined-benefit pension plans. Missing Pension Search |
| Forgotten | $10 billion in lost stock, bonds and mutual funds |
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Stock |
The SEC estimates 3 million lost stockholders are entitled to unclaimed stock worth $10 billion. Additionally, $500 million in stock dividends and bond interest checks are not cashed each year. Lost Stock Search |
| Unused | $8 billion in lost and unused gift cards |
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Gift Cards |
Last year alone, gift cards worth $8 billion were lost, forgotten or otherwise went unused. In many instances new laws allow for refunds or replacement, even if the card has an expiration date. Gift Card Refunds |
| IRS | IRS income tax refunds - $153 million |
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Refunds |
Last year IRS income tax refund checks worth $153 million - an average of about $1500 per taxpayer - went undelivered, mainly due to unreported changes of address IRS Tax Refund Search |
| MetLife | MetLife, Prudential, MONY and John Hancock demutualization compensation |
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Policyholders |
MetLife, Prudential, MONY & John Hancock policyholders and missing heirs are eligible to claim cash and/or stock after the demutualization of these and other life insurance companies. Mutual Life Insurance Search |
| Native American | Native American Indian Trust Funds IIM Settlement - $3.4 billion |
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Trust Funds |
On 11/30/10 Congress approved a class action lawsuit settlement authorizing $3.4 billion in compensation owed over 500,000 Native American Indians. Native American Indian Monies Search |
| Unclaimed | Veterans Aid & Attendance Special Pensions |
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Veterans Aid |
The Aid & Attendance (A&A) Special Pension provides benefits for veterans and spouses who require help daily chores. Only 1 in 7 of those eligible have applied. Veterans Pension Benefits |
| Missing | $750 million in unclaimed child support |
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Child Support |
States collect billions of dollars annually in court-ordered child support. $750 million has gone undistributed & unclaimed, due to incorrect address information for the custodial parent. Unclaimed Child Support |
| Actor | SAG Actor Royalties |
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Royalties |
The Screen Actors Guild (SAG) is holding money for thousands of performers whose residuals checks - royalties earned from television and film performances - have gone unclaimed. SAG Royalties |
| Forgotten | Lost and Forgotten Safe Deposit Boxes |
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Safe Deposit Box |
Each year thousands of bank safe deposit boxes are forgotten or abandoned by owners and heirs. If the box rent is not paid, the contents may be auctioned off by custodians. Safe Deposit Box Search |
| Loan Fraud | $1.1 billion African American discrimination class action lawsuit settlement |
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Settlement |
In 2010 Congress approved payments of $50,000 to African American & Native American farmers who were discriminated against in obtaining loans by the U.S. Dept. of Agriculture (USDA). Discrimination Settlement |
| Unclaimed | Military Retroactive Stop Loss Special Pay (RSLSP) - $315 million unclaimed |
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Military Pay |
The 2009 War Supplemental Appropriations Act authorized special pay of $500 for every month served in stop loss status. 80,000 veterans & beneficiaries are eligible to claim an average of $3,700. Military Stop Loss Pay |
| Author | Writers Guild Unclaimed Copyright Payments - $13 million |
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Royalties |
The Writers Guild of America is holding in excess of $13 million in unclaimed compensation for thousands of American authors, directors and copyright holders. Writers Guild Royalty Payments |
| Musician | Performing artist digital music royalties - $360 million |
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Royalties |
$360 million in digital music royalties from internet webcasts, satellite radio & cable television play are due recording artists, musicians & copyright owners. $111 million has gone unclaimed. Music Royalty Payments |
| Foreclosure | Foreclosure Settlement - $1.5 billion |
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Settlement |
Homeowners who were foreclosed on by Bank of America, GMAC/Ally, Citi, JP Morgan Chase or Wells Fargo between 01/01/2008 and 12/31/2011 may be entitled to share in a $1.5 billion legal settlement. Foreclosure Settlement Claims |
| Holocaust | Holocaust Victims Assets |
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Restitution |
Holocaust victims and heirs whose property was confiscated or forcibly sold may be entitled to restitution. Search Israel's Holocaust Victims' Assets Database or contact the Holocaust Era Asset Restitution Taskforce |
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© 1996-2013 National
Unclaimed Property Associates Copyright strictly enforced. |