Unclaimed money, property, funds and assets - Treasureville

Unclaimed Money

Each year, billions of dollars in unclaimed money is turned over to the State by companies who cannot locate the owners of this unclaimed property. Become an unclaimed asset finder and reunite the owners with their unclaimed funds and assets. With some unclaimed accounts totaling $100,000 or more, you can make a small fortune! Imagine the type of unclaimed items in existence. For instance, unclaimed IRS money and other unclaimed government funds are sitting in vaults all over the country. Learn how to do an unclaimed money search so that you can help people claim their lost money.

Unclaimed money heirs - Treasureville

Help Claim Lost Money!

You can help someone reunite with unclaimed money or property by learning how to search the U.S. Treasury for unclaimed money and funds. The scope of national unclaimed funds is huge in the United States! This sum includes missing money like unclaimed insurance funds, unclaimed property, unclaimed assets, unclaimed IRS money and other unclaimed government funds.

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Unclaimed assets - Treasureville

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Dash For Cash: Search Unclaimed Assets In Illinois

State Holds Billion Dollars In Lost Money, Valuables
POSTED: 3:29 p.m. CST November 18, 2002
UPDATED: 9:01 a.m. CST November 21, 2002

CHICAGO -- You say you could never lose your money? You could be surprised, NBC5's Kim Vatis said, because according to the State Treasurer, there could be a one-in-five chance that some of the forgotten funds held by the Illinois Treasurer's Office belong to you.
All you need is your name, and the state's computers will figure out if you're entitled to any of the unclaimed money.

"I had a deceased aunt, with a savings account (that was) never claimed," said Fadi Zanayed.
The unclaimed funds usually come from forgotten bank accounts, stocks, bonds, security deposits and insurance checks, Vatis reported, but sometimes, she said, even entire estates go unclaimed.
While the average payout is $400 to $600, Vatis said, there are also bigger windfalls. Steve Dugan, for instance, was able to claim more than $20,000.

"I was kind of shocked," Dugan said. "How could I have lost this without knowing it?"
One claim alone gave him a $13,000 check.
"They told me Chase Manhattan Bank, out of New York," Dugan said of the money's source. "I don't know (why it was there) -- could have been stocks, bonds, inheritance."

State Treasurer Judy Baar Topinka initiated "Dash for Cash," the state's campaign to get people their money.
"We just try to pump it back," Topinka said. "Over the last two years, we've returned $125 million to people."
The biggest payout, so far, has been $800,000, according to Topinka.
Topinka said the number of potential claimants gives Illinois residents a one-in-five chance of being on the list of people whose money is being held by the state of Illinois.
"We're talking five million names and $1 billion," Topinka said. "So, really, with one-in-five chances, you've got something better than the lottery!"
The billion dollars' worth of unclaimed assets that have been abandoned for five years or more sit in a vault at the state capitol in Springfield.

Dash for Cash

Allissa Camp, Director of Unclaimed Property, showed Vatis the stash of goods.
"And it's not just money," Camp said. "These jewels and valuables are simply left in safety deposit boxes. An amazing array of collectibles from time past -- wills and even war medals. It's sad. These once meant something to someone, and either they or their heirs have forgotten about it."

Camp said that anything that is not claimed is auctioned off, because there's not enough space to keep it.
It costs you nothing to get the money back if you find your name on the list, and it doesn't take much time either. The state has a Dash for Cash Web site that takes you through the process.

The list of unclaimed assets is updated every six months, so even if you've checked for your name before, it's worth repeating the effort.Topinka told Vatis that even though it's easy to check if you have unclaimed goods being held by the state, it's more important to avoid the situation.

"Tell someone that these accounts are out there," Topinka said. "Often people die and don't tell anybody about it, and the family doesn't know."
That's why it's critical to keep an inventory of all your assets, Vatis advised. Let someone know about it and always make a change of address when you move, so your money can find you.

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