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Facts You Should Know About Unclaimed Money & Unclaimed Property

January 25th, 2010 No comments

In the state of California alone, the unclaimed funds have reached over $5.5 billion and it is estimated 1 in 5 have unclaimed money. With the states enjoying such grand budget benefits from the unclaimed property, they have little (or better say no) interest to locate the rightful owners of this missing money.

Forget about the common people. Just tell me how difficult is it to find big names like Julia Roberts, Reese Witherspoon, Benicio Del Toro, Kate Hudson and Microsoft? Do you know they are all owed missing money from California’s state database? But, it seems like California’s Unclaimed Property Trust Funds is not interested to deliver it to them! In fact they are more interested in using these unclaimed assets to solve the budget issues of the state.

An estimate of over $30 billion dollars of unclaimed money is owed to individuals and companies right here in the United States because people have forgotten about their missing money and the financial institution where it was kept. Due to disability, illness and/or death, some owners didn’t keep a record as to where they kept their valuables and money. That is why it is important to keep accurate records about your financial institutions where your money is held and where you have invested your money. So you are not among those who do not even know about their missing money and someone else claim their unclaimed money.

www.UnclaimedMoney.us.com has already done the work for you. You just need to type your name, city and state; check if you own any unclaimed property or unclaimed money and get your hands on it.

Jane Summers
http://www.articlesbase.com/taxes-articles/facts-you-should-know-about-unclaimed-money-unclaimed-property-371454.html