Abundant Blessings Unclaimed Property

Find out if the government is holding lost money for you

Unclaimed Money

 Tracing Unclaimed Money

An unclaimed money question was posted here on Answers.Yahoo.com and asked the following:

  • What happens to burial plots that were purchased over 100 years ago that were never used or sold? 
  • They found papers for miscellaneous  stock shares and other property. How can they trace back 100 years to find out if they are able to find and claim these assets
Unclaimed money and property reported to the states for safekeeping have been recorded for the past 50 and possibly 60 years.  We are unable to verify at this time if property is held for a longer period of time.  We suggest that you contact your state unclaimed property division  where the burial plot was purchased to find out if it is listed as unclaimed property.

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"Is there a deadline to claim unclaimed money?  Are you penalized or does the unclaimed money become unclaimable?"

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To claim unclaimed money and property of this nature, it is best to deal directly with your state's unclaimed property division.  Each state handles their property in different ways that may not coincide with that of another state. 

 

Unclaimed Money and Property Time Limits

Depending on the type of property that you are tracking, such as burial plots mentioned in the previous paragraph, it is possible that this type of property was sold at an unclaimed property auction held by the government of that state.

Assuming that the documents that were found had enough identifying information to be able to claim the property if found, it is highly unlikely because unclaimed money and property wasn't being recorded until 40 or 50 years after the purchase of the said property.

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