May 17, 2012

Searching For Abandoned Assets in NY – Part 2 of 2

(Part 2 of 2)

There are laws across the nation called Unclaimed Funds Laws or escheat laws that require financial entities and businesses to pass along lost and abandoned financial assets like uncashed checks, forgotten bank accounts, unused gift certificates or cards, uncollected salaries, unredeemed insurance policies, stock dividends, safe-deposit bank contents and other funds to each State's Treasury Departments after a specific 'idle' time called the 'dormancy period'. This period varies widely depending on the and property type to property type. In NY though, it is either two or five years depending on the type of account. The size of the NY unclaimed property pile is one of the biggest in the country – even bigger than California's $5 billion. The cash goes in to the state's Unclaimed Property Fund where it sits until the rightful owner comes to claim it.

When people marry and change their last names, change their address, or get new jobs, they often don't remember to give a notice for the financial institutions such as the IRS or their banks. This results in undelivered mail and tax refund checks or finance notices then don't get to their intended recipient and are sent back to sender. The more hectic a person's career is, therefore, the more likely it is that they'll lose track of their financial assets. With the notorious hustle and bustle of New York City, it's not a shock that it is home to such a large amount of unclaimed property and money.

"More people have unclaimed funds than they think," says Allison Iavarone, senior manager for financial consulting juggernaut KPMG, in a recent article on abandoned assets by NY's The Daily News. Believe it or not, the Yankees, Madonna, Justin Timberlake, and the Mets have all shown up on a list of NY State unclaimed property owners. Everyone should search for unclaimed cash particularly if they have a number of relatives or if they've led a busy professional life. Senior manager at tax consulting firm Deloitte & Touche, Valerie Jundt, noted, "You should check the state where you've lived and last resided."

Salem seminars planned about

Some €90m in lottery prizes never claimed
A National Lottery spokeswoman said the total amount of

Verbatim: Millions in

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May 14, 2012

Searching For Abandoned Assets in NY – Part 1 of 2

(Part 1 of 2)

Occassionally we get so busy in our lives looking for that 'something' that can make it all worthwhile. We get so engrossed in our day to day tasks that the majority of us don't realize that what we are looking for is right there under our noses. No, I'm not acting like the Dalai Lama or Dr. Phil talking about everlasting love or divine peace. What I am talking about, though less spiritual, is nevertheless significant in our lives and will most likely get your attention as much as anything a religious leader or a cultural icon can say. I am talking about cash. $8 billion in New York unclaimed money and property, to be precise, just waiting to be given back to thousands of their owners who are almost certainly busy trying to make money, ironically. According to State Comptroller for New York, Thomas P. DiNapoli, "We want to return unclaimed funds to their rightful owners. The money belongs to New Yorkers. We want to give it back."

(to be continued)

Missouri City working to refund forgotten
The “Show Me City” has hundreds of dollars in

Unclaimed Property: Forgotten Money Found
The government holds billions of dollars of unclaimed property just waiting for citizens to claim it.

Unclaimed Idaho Lottery prizes add up to millions
With the recent $650 million Mega Millions jackpot a lot of us started dreaming about what we'd do with all that money. But every year in Idaho some people just need to wake up to realize that they are winners. For whatever reason, they never claim their prizes. That unclaimed money really adds up.

State's unclaimed funds skyrocket
The state is sitting on an unclaimed pot of $11 billion, and some of it might be yours. More than 26 million accounts are unclaimed in New York, dating to the 1940s.

Pop singer Jason Mraz has
CHARLESTON, W.Va.—West Virginia's treasurer wants Jason Mraz to come pick up his

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May 10, 2012

Searching For NY Unclaimed Cash – Part 2 of 2

(Part 2 of 2)

"More people have unclaimed funds than they think," says Allison Iavarone, senior manager for financial consulting leader KPMG, in a recent report on abandoned assets by New York's The Daily News. Believe it or not, the Yankees, Madonna, Justin Timberlake, and the Mets have all shown up on a list of New York State unclaimed property owners. Everyone should search for lost assets particularly if they have a number of relatives or if they've led a busy professional life. Valerie Jundt, a senior manager at tax consulting firm Deloitte & Touche advised, "You should check the state where you've lived and last resided."


You've probably experienced it, and if you haven't, you're missing out on one of life's minor pleasures: unexpectedly finding a $20 bill in the pocket of an article of clothing you haven't worn since last year. On a larger scale, people get …


Pressbox (Press Release) – For those with deceased relatives, there may be an easy to find out if

Daily Deals: The Very Real Risks From
Bluntly: when daily deals expire, who gets to keep the

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May 7, 2012

Searching For NY Unclaimed Cash – Part 1 of 2

(Part 1 of 2)

Sometimes we get so busy in our lives looking for that 'something' that can make it all worthwhile. We get so engrossed in our day to day tasks that most of us do not realize that what we are looking for is right there under our noses. No, I'm not trying to be Dr. Phil or the Dalai Lama talking about divine peace or everlasting love. What I'm talking about, though not spiritual, is still significant in our life and will most likely get your attention as much as anything a cultural icon or a religious leader will say. I'm talking about cash. 8 billion dollars in New York unclaimed money and property, to be precise, just waiting to be reunited with thousands of their owners who are almost certainly busy attempting to make money, ironically. According to New York's State Comptroller, Thomas P. DiNapoli, "We want to return unclaimed funds to their rightful owners. The money belongs to New Yorkers. We want to give it back."

There are laws across the nation called Unclaimed Money Laws or escheat laws that require businesses and financial entities to pass along lost and abandoned financial assets like safe-deposit bank contents, unused gift certificates or cards, stock dividends, unredeemed insurance policies, forgotten bank accounts, uncashed checks, uncollected salaries and other funds to each State's Treasury Departments after a certain 'idle' time called the 'dormancy period'. This period varies from state to and property type to property type. In New York though, it is either 2 or 5 years depending on the type of asset. The size of the New York unclaimed property pile is one of the biggest in the nation – even larger than California's $5 billion. The money goes in to the state's Unclaimed Money Fund where it sits until the rightful owner comes to claim it.

When people change their address, get new jobs, or marry and change their last names, they sometimes forget to give a notice to the financial institutions such as their banks or the IRS. This results in undelivered mail and financial notices and tax refund checks then do not reach their intended recipient and are sent back to sender. The more chaotic a person's career is, therefore, the greater the odds that they'll lose track of their financial assets. Knowing the notorious hustle and bustle of NYC, it isn't surprising it is home to so much unclaimed money and property.

(to be continued)

Pop singer Jason Mraz has
CHARLESTON, W.Va.—West Virginia's treasurer wants Jason Mraz to come pick up his

State hopes to return $400 million in
Las Vegas, NV (KTNV)– You could have some


One out of 10 Massachusetts residents has some

Thousands in loose change left at D/FW Airport, Love Field security stations
That’s part of more than $409,000 in

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May 3, 2012

Search for Unclaimed Money in NY – Part 2 of 2

(Part 2 of 2)

When people marry and change their last names, change their address, or get new jobs, they often don't remember to provide notice to the financial institutions like their banks or the IRS. This results in undelivered mail and tax refund checks or finance notices then do not reach their intended recipient and are sent back to sender. The more hectic a person's career is, therefore, the greater the odds that they'll lose track of their financial assets. Considering the notorious hustle and bustle of NYC, it isn't surprising it is home to so much unclaimed property and money.

"More people have unclaimed funds than they think," says Allison Iavarone, senior manager for financial consulting leader KPMG, in a recent report on forgotten funds by NY's The Daily News. Believe it or not, Madonna, the Yankees, the Mets, Justin Timberlake, P. Diddy, Michael Bloomberg, Billy Joel, and Bob Dylan have all shown up on a list of NY State unclaimed property owners. Everyone ought to do a search for unclaimed cash especially if they have quite a few relatives or if they have had a busy professional life. Valerie Jundt, a senior manager at tax consulting firm Deloitte & Touche advised, "You should check the state where you've lived and last resided."


I don't understand how someone can spend their hard earned


For whatever reason, they never claim their prizes. That

Nevada has unclaimed money for Harry Reid, Brian Sandoval, Steve Wynn, billonaire Sheldon Adelson
Yo! Gov. Brian Sandoval! The state of Nevada is looking for you — and thousands of others with money and precious treasurers being held by the state's Unclaimed Property Division.

Nearly $6M in Idaho lottery prizes
Workman says in fiscal year 2010, nearly $3.7 million worth of prizes went

Watchdog Report: Does New York owe you
The state has $11 billion in

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April 30, 2012

Search for Unclaimed Money in NY – Part 1 of 2

(Part 1 of 2)

Often times we get so busy in our daily lives seeking out that 'something' that will make it all worthwhile. We get so engrossed in our day to day tasks that the majority of us don't realize that what we're looking for is right there under our noses. No, I'm not acting like the Dalai Lama or Dr. Phil talking about divine peace or everlasting love. What I am talking about, though not as spiritual, is still significant in our life and will most likely get your attention as much as anything a cultural icon or a religious leader can say. I am talking about cash. $8 billion in New York unclaimed money and property, to be precise, just waiting to be given back to thousands of their owners who are most likely busy attempting to earn money, ironically. According to State Comptroller for New York, Thomas P. DiNapoli, "We want to return unclaimed funds to their rightful owners. The money belongs to New Yorkers. We want to give it back."

There are laws across the country called Unclaimed Property Laws or escheat laws that require financial entities and businesses to pass along lost and abandoned financial assets like safe-deposit bank contents, unused gift certificates or cards, stock dividends, unredeemed insurance policies, forgotten bank accounts, uncashed checks, uncollected salaries and other funds to each individual State Treasury Departments after a certain 'idle' time called the 'dormancy period'. This period varies widely depending on the state. In NY though, it is either two or five years depending on the type of account. The size of the NY unclaimed property pile is one of the biggest in the country – even larger than California's 5 billion dollars. The cash goes in to the state's Unclaimed Money Fund where it stays until the rightful owner steps forward to claim it.

(to be continued)

£4.7 million in tax
On a national scale, the RIFT research also shows that £180 million of annual tax refunds could be going

Pop singer Jason Mraz has unclaimed money in W.Va.
West Virginia's treasurer wants Jason Mraz to come pick up his money.

TSA collects $409,000 in change lost during security screenings
"In 2005, Congress gave TSA the authority to expend

State government has division that reunites people with missing financial property
Lots of lost

Loose change: $1M cost for $400K donation
Jeff Miller (R-Fla.) that seeks to take about $400,000 annually in

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April 27, 2012

Search for Lost Unclaimed Money in New York – Part 2 of 2

(Part 2 of 2)

There are statutes across the nation called Unclaimed Property Laws or escheat laws that require financial entities and businesses to pass along forgotten and abandoned financial assets like forgotten bank accounts, uncashed checks, uncollected salaries, safe-deposit bank contents, unused gift certificates or cards, stock dividends, unredeemed insurance policies and other funds to each individual State Treasury Departments after a specific 'idle' time known as a 'dormancy period'. This time period varies from state to and property type to property type. In NY though, it's either 2 or 5 years depending on the type of asset. The size of the NY unclaimed money heap is one of the largest in the nation – even larger than California's $5 billion. The cash goes in to the state's Unclaimed Property Fund where it stays until the true owner comes to claim it.

When people marry and change their last names, change their address, or get new jobs, they often don't remember to provide notice for the financial institutions such as their banks or the IRS. This results in undelivered mail and tax refund checks or finance notices then do not reach their intended recipient and are sent back to sender. The more chaotic a person's lifestyle is, therefore, the more likely it is that they'll lose track of their financial assets. Knowing the notorious hustle and bustle of NYC, it is not surprising it is home to such a large amount of unclaimed money and property.

"More people have unclaimed funds than they think," says Allison Iavarone, senior manager for financial consulting leader KPMG, in a recent article on abandoned assets by NY's The Daily News. Believe it or not, the Yankees, Madonna, Justin Timberlake, and the Mets have all shown up on a list of NY State unclaimed money owners. Everyone ought to do a search for unclaimed cash particularly if they have a lot of relatives or if they've led a busy professional life. Senior manager at tax consulting firm Deloitte & Touche, Valerie Jundt, noted, "You should check the state where you've lived and last resided."

W.Va. treasurer says singer Jason Mraz has
CHARLESTON, W.Va. — West Virginia’s treasurer wants Jason Mraz to come pick up his

$1M cost for $400K donation
A bill to send unclaimed money at airports to the USO would come at a price.

Volunteers help identify unclaimed money in Scott County
The State Treasurer was in Scott County today to help locate people who have unclaimed money in their name and may not know it.

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April 23, 2012

Search for Lost Unclaimed Money in New York – Part 1 of 2

(Part 1 of 2)

Often times we get so busy in our lives looking for that 'something' that can make it all worthwhile. We get so tied up in our day to day tasks that the majority of us do not notice that what we are looking for is right there in front of us. No, I'm not trying to be Dr. Phil or the Dalai Lama talking about everlasting love or divine peace. What I am talking about, though not as spiritual, is nevertheless significant in our lives and will most likely catch your attention as much as anything a religious leader or a cultural icon will say. I am talking about money. $8 billion in New York unclaimed money and property, to be precise, just waiting to be reunited with thousands of their owners who are almost certainly busy trying to make money, ironically. According to New York's State Comptroller, Thomas P. DiNapoli, "We want to return unclaimed funds to their rightful owners. The money belongs to New Yorkers. We want to give it back."

(to be continued)

REGION: Does the court owe you money?
There's a lot of unclaimed money at the local court, and if it isn't claimed soon, it's headed for the court's coffers. The court's website has a list of people who are owed money.

$1M cost for $400K donation
A bill to send unclaimed money at airports to the USO would come at a price.

Loose change: $1M cost for $400K donation
Jeff Miller (R-Fla.) that seeks to take about $400,000 annually in

Excellus looking for owners of
A complete list of names of people and companies with checks to claim is available on the company’s website Every year the state requires insurers to make a list of

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April 20, 2012

Search for Forgotten Funds in New York – Part 2 of 2

(Part 2 of 2)

"More people have unclaimed funds than they think," stated Allison Iavarone, senior manager for financial consulting juggernaut KPMG, in a recent article on abandoned assets by NY's The Daily News. Believe it or not, Michael Bloomberg, P. Diddy, Bob Dylan, Billy Joel, have all turned up on a list of NY State unclaimed funds owners. Everyone ought to do a search for unclaimed cash especially if they have quite a few relatives or if they have led a busy professional life. Senior manager at tax consulting firm Deloitte & Touche, Valerie Jundt, noted, "You should check the state where you've lived and last resided."

St. Louis firm gets $118,000
ST. LOUIS • A St. Louis employer has received $118,000 in

REGION: Does the court owe you money?
There's a lot of unclaimed money at the local court, and if it isn't claimed soon, it's headed for the court's coffers. The court's website has a list of people who are owed money.

Veterans’ remains go unclaimed, unburied, sometimes for years
A Senate bill would instruct the Department of Veterans Affairs to work with veterans organizations to find and identify the unclaimed remains of former service members and, if theyre eligible, Click to Continue »

Bipartisan Bill to Spend
According to the Transportation Security Administration (TSA), airline passengers have left behind roughly $400,000 in

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April 16, 2012

Search for Forgotten Funds in New York – Part 1 of 2

(Part 1 of 2)

Occassionally we get so busy in our daily lives looking for that 'something' that can make it all worthwhile. We get so tied up in our day to day tasks that most of us don't notice that what we are looking for is right there under our noses. No, I'm not trying to be Dr. Phil or the Dalai Lama speaking about divine peace or everlasting love. What I'm talking about, though not spiritual, is still significant in our life and will most probably catch your attention as much as anything a religious leader or a cultural icon will say. I'm talking about money. 8 billion dollars in New York unclaimed money and property, to be specific, just waiting to be reunited with thousands of their owners who are most likely busy attempting to earn money, ironically. According to New York's State Comptroller, Thomas P. DiNapoli, "We want to return unclaimed funds to their rightful owners. The money belongs to New Yorkers. We want to give it back."

There are statutes across the country called Unclaimed Property Laws or escheat laws that require financial entities and businesses to hand over lost and abandoned financial assets like uncashed checks, forgotten bank accounts, unused gift certificates or cards, uncollected salaries, unredeemed insurance policies, stock dividends, safe-deposit bank contents and other funds to each State's Treasury Departments after a certain 'idle' time called the 'dormancy period'. This period varies widely depending on the and property type to property type. In NY though, it's either two or five years depending on the type of asset. The size of the NY unclaimed funds pile is one of the biggest in the nation – even bigger than California's 5 billion dollars. The money goes in to the state's Unclaimed Property Fund where it sits until the rightful owner comes to claim it.

When people change their address, get new jobs, or marry and change their last names, they often forget to give a notice to the financial institutions like their banks or the IRS. Undelivered mail results and tax refund checks or finance notices then do not reach their intended recipient and are sent back to sender. The more chaotic a person's career is, therefore, the greater the odds that they will lose track of their financial assets. Considering the notorious hustle and bustle of New York City, it's not surprising that it is home to such a large amount of unclaimed money and property.

(to be continued)

WV Treasurer's Office educating Nitro residents about Unclaimed Property account
Nitro's mayor, Rusty Casto, said there are more than $300,000 dollars in unclaimed money due the people in Nitro.

Unclaimed Bank Cash To Fund 'Big Society'
A "Big Society" fund, using money from bank accounts left dormant, has been unveiled by the Prime Minister in a bid to tackle social problems across the country.

State works to return
You didn’t rake it in on the Mega-Millions drawing, but you might have cash or treasure waiting for you after all. Each year, State Treasurer Clint Zweifel opens abandoned safe deposit boxes in efforts to return property to its rightful owner …

Idaho has $66.9M in
If there's

Gift Cards are a Significant Source of Income for State Offices when They are Unredeemed
In the past, the companies that issued the gift cards we able to keep the

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