Do you know that you could be the owner or the beneficiary of thousands of unclaimed dollars, if not millions, lying with the state or federal authorities? This money has not materialized out of thin air, but could be your very own money that has faded into oblivion as you got busy with life, or some inheritance fondly willed to you by a close relative. Many Americans have found missing money secrets and have claimed money that rightfully belonged to them.
Here are the missing money secrets that could help you find your unclaimed money:
A Mental Search: The first step in uncovering lost money secrets is to take 10 minutes to remember and write down all your old dealings, your old home address, your old bank accounts, your old insurance policies, old employers names and old businesses.
An Online Search: There are many free (and paid) sites that will allow you to search for unclaimed property by your first and last name. You may uncover some missing money secrets when you enter your family name or business name.
An Extensive Search: Found nothing so far? Here are some more lost money secrets. Don’t limit yourself to just the state you are living in. There is a high possibility that you may track down some unclaimed money in a state other than the one you are living in at present. You can also enter the names of your friends and relatives so that you can share the good news of the missing money secrets with them.
A Smart Search: While entering your name, you must try entering various combinations. For example, you could enter Jim T. Scott instead of James T. Scott. You can also enter J. T. Scott or J. Scott. This is one of the missing money secrets that have worked for many.
Stake Your Claim. When you find some unclaimed money you will be required to fill a claim form, provide your credentials and produce relevant documentation in order to authenticate your claim.
Now that you know the missing money secrets, you can get online and start searching. Who knows, within a month’s time you could own a fortune. Also, don’t forget to share your missing money secrets with as many people as possible.
By: Nicole Anderson
Posts Tagged ‘Unclaimed Money’
Money Management – Maine Residents Owed Millions in Unclaimed Money
February 17th, 2010
Proof that the problem of unclaimed money is a national problem is evident from the fact that the Maine Unclaimed Property Division owes 122 million dollars to more than 500,000 people spread all over the nation. The money is waiting to be claimed by its rightful owners.
To be more specific, a staggering 578,000 people are owed unclaimed money by the State of Maine. There are some unclaimed funds checks that range from $50 to $100. However, some claims exceed even ten thousand dollars. Now, that is a lot of money.
Do not ignore unclaimed money in Maine. The single largest claim is worth $222,000 plus stock. What if this was owed to you?
Unclaimed money can come into existence from the most ordinary transactions. It may result due to the fact that an individual had deposited money in a savings or checking account and then had forgotten about the same. It could result from inheritances that the inheritor is not aware of. Bonds, stocks, dividends- all can result in unclaimed money. If you have abandoned your money and if it has remained so for three years or more, your money must have become unclaimed money.
That $10.4 million of Maine’s unclaimed funds was repaid last year is touted as a major achievement. However, the truth is that $25 million got added as new unclaimed money last year. The net gain was of -$15 million in the last year.
The residents of this nation must find out whether they are owed Maine unclaimed funds or not.
A simple search, based on your name, is sufficient to determine whether lost fund is owed to you or not. The same can be done for your family and your friends as well. Some of the unclaimed funds databases covers the state databases as well as the federal databases. Do find out whether your friends or family members are owed money or not. Simply searching for your money will not do.
To claim funds, documentary evidence is required. You will have to submit the proof of identification. You may have to submit proof of ownership of funds as well. The states unclaimed assets division sees inflow of unclaimed cash throughout the year. Hence, you must check at least three to four times in a year for Maine unclaimed funds.
Do not restrict your search to unclaimed funds from Maine alone. You may be owed money from another state or from the federal base. Considering the fact that $35 billion is owed to millions in the nation today, you could still be owed unclaimed cash.
You or your immediate family members may be owed unclaimed money. Use the money wisely and enjoy the unexpected income.
By: Nicole Anderson
Find Your Unclaimed Money – Find Out the Money Owed to You
January 29th, 2010
Billions of dollars of unclaimed money owed to the public sits in the government for years while waiting for the right owner to claim it. Have you heard of this? If not, it is not surprising because it is estimated that 9 out of 10 households are owed cash that sits unclaimed year after year and they don’t know about it. You maybe one of these people and you need to find out.
Maybe you are hesitant to find your unclaimed money because you are wondering where all these money came from and why they are forgotten and became unclaimed money. Every year millions of dollars become lost when banks, companies and government agencies lose track of the money they are holding due to mistakes in account numbers, names and addresses. Other sources are old pay checks, tax refunds, dividends, bonds, stocks, proceeds from insurances, forgotten deposit accounts, trust money and even inheritance that’s owed to you that you don’t know.
Are you now interested to find your unclaimed money? But before your search you should know that unclaimed money is eventually transferred to the government. If the organization holding this money is unable to contact the owner for a certain period of time, the money will be classed as unclaimed and will be turned over to the government, federal reserves or corporations and languish there for years waiting for the right owner to claim it.
Do not assume that you don’t have one; some people never expected of having money waiting for them until one day they decided to search for their unclaimed property or money and they were shocked to find out that they have unclaimed treasures.
By: Gerry Restrivera
