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Unclaimed Assets: Money The Government Owes You! |
| Search for Lost Money - Find an Unclaimed Inheritance |
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Missing Asset Search - Trace an Unclaimed Inheritance |
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| Assets become legally
abandoned after the original owners or rightful heirs
fail to 'communicate an interest' in them over a period
of time. The period of time that must pass before an asset is considered
legally abandoned - the 'dormancy period' - is set by law. It varies
with the type of property involved, but generally runs one to five
years.
If, at the end of the dormancy period, there has been no owner directed activity, those holding the assets transfer them to the protective custody of a government trust account in a process known as escheat. Last year alone, trustees collected $22.8 billion, of which less than $916 million was claimed by owners or heirs. Most people have no idea
they're entitled to collect a share of billions of dollars in unclaimed
money sitting in government coffers. Think it couldn't be you? Think
again! You may have simply forgotten about a savings account or an
unredeemed savings bond. Perhaps records were lost due to theft, fire or
flood. Maybe you never even knew you were named an heir or beneficiary
in a relative's will or life insurance policy! To search for unclaimed assets and missing money complete the form below. |
| Missing Money Search |
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Government Unclaimed Funds Search
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