Unlocking Hidden Treasures: A Guide To Unclaimed Property

Everything coming at me seems like a scam, lately: Texts saying I have a package, emails that I won a prize, phone calls about my cable bill, and the supposed government telling me I might have free money if I would just visit their web site. The thing is, that last one is true.

Unclaimed property refers to assets that have been abandoned or forgotten by their rightful owner for an extended period of time. People move, fail to update their address, pass away, change their name, or for other unforeseen reasons their previous paychecks, bank accounts, bonds, and other valuables end up unclaimed. After a set period of time, those assets are turned over to the state, which manages them until they can be reunited with their rightful owners.