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does your state government have your unclaimed assets or money?

Discussion in 'Fred's House of Pancakes' started by cwerdna, May 7, 2006.

  1. cwerdna

    cwerdna Senior Member

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    Good Morning America (on TV) on Monday had a story on state governments having >$22 billion in unclaimed assets. They basically mention checking w/state treasurer's office/web site or looking in the newspaper (in the correct issue) twice a year. I'd never heard of this before until yesterday.

    Here are the sites for Washington state and California (since I live in or have lived in those states) to lookup whether you have unclaimed funds.
    WA: http://ucp.dor.wa.gov/
    CA: http://www.sco.ca.gov/col/ucp/

    For other states, check http://unclaimed.org to see if they have equivalent web sites to the ones I posted. I found I didn't have anything unclaimed but it looks like a few of my friends do...

    If you want to read/see more about it, see:
    story: http://abcnews.go.com/GMA/SaveInMay/story?id=1902241&page=1
    video excerpt: http://abcnews.go.com/GMA/SaveInMay/popup?id=1891791 under 5/1
     
  2. grasshopper

    grasshopper Member

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    <div class='quotetop'>QUOTE(cwerdna @ May 7 2006, 01:12 AM) [snapback]250994[/snapback]</div>
    I will give you advice that cost me $35.00 and 5 years to find out. If you have lost property somewhere and it is not in cash but instead in bonds, stock or any other thing that is not cash, ….. It will never show up on any state unclaimed property list. The only way to see if there is something other than cash that is yours. Let me repeat that: The only way to see if there is something other than cash that is yours, at least that I have found after extensive searching is, this. You must write a letter (This does not mean an e-mail) to the state comptroller and request a complete search for any lost property that is in your name, or your previous name, or your parents name, grandfather, uncle etc. etc. Even after this, it will only show up if it has been turned over to the state and is not still in a bank or some other financial firm.
    I have done it three times in three different states for a recoup of ~$84,000.00. Isn’t life sweet? I guess it would be better if I wasn’t such a dingbat and could remember when I stuff money into a bank account somewhere. I am living proof that you can be a complete moron and make a more than adequate amount to retire on. One more bit of advice, never live beyond your means, even if you need to sleep under a overpass for awhile to put a little money away. ;)
     
  3. cwerdna

    cwerdna Senior Member

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    <div class='quotetop'>QUOTE(grasshopper @ May 7 2006, 10:08 AM) [snapback]251091[/snapback]</div>
    That's not totally true. I looked up names of various friends in WA and CA using the above sites and I did find shares of stock belonging to some people. It probably depends on the state.