$8 Million in Vermont Unclaimed Property: Could Some of it Belong to You?
It pays to read this list. Whether online, or in the annual published list of unclaimed property, searching for your name in
From
"New property comes in each year. In the previous year we received more than
Unclaimed property includes misplaced savings or investments, forgotten insurance policies, abandoned security deposits, estates and even uncashed tax refunds or paychecks. Financial property becomes "unclaimed" after a business or non-profit entity loses contact with a customer for a period of years. The property is sent to the State Treasurer's Office to protect the funds and centralize efforts to locate the property owner.
The contents of abandoned safe deposit boxes have garnered interesting items for the unclaimed property secured vault. One box from a
The newspaper insert represents just a portion of the total amount of unclaimed financial property. By going to MissingMoney.Vermont.gov, Vermonters may search through more than 350,000 individual listings. People may search by their last name or by a specific town. There is no time limit for filing a claim and there is no charge to claim funds through the Treasurer's office.
"As a consumer protection measure, unclaimed property laws provide a way for the rightful owners to be reunited with their financial property. The majority of people are surprised to learn they have financial property that is due to them. That's why we continue our work to actively educate Vermonters about unclaimed property, through advertising, public events, mailings, and by working cooperatively with our state and municipal partners," explained Pearce.
Vermonters should be cautious of companies that claim they will locate and recover lost property for a fee.
People with questions about
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Copyright: | (c) 2014 Targeted News Service |
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