If you have ever moved without claiming any security and utility deposits or even forgotten about an old savings account. Ever wonder what happens to that unclaimed money? Well, technically it’s still yours until you claim it. And if you never do, then the unclaimed money will go to your benefactor.

There are billions of dollars worth of missing money and unclaimed assets in the United States. Because of the overwhelming resources it takes to manage this information, select state governments have made it easy to search unclaimed money and missing assets easily online. Most of the government search sites are limited to property search, but larger national unclaimed asset database have been compiled to let you search for unclaimed money and other unclaimed assets.

Unclaimed assets can be in the form of financial sums which have been abandoned over time. These can include:

* Utility, Water and Power deposits
* Unpaid dividends
* Stocks, bonds and mutual funds
* Insurance policy payouts
* Undistributed wages
* Tax refunds
* Royalty checks
* Court and county payments
* Social Security checks

The law requires unclaimed assets and property to be reported and filed as abandonment to be release to the rightful owner or beneficiary.

You have the right to claim and unclaimed property which you suspect to belong to you or your estate.

There is so much money in unclaimed funds that there are even firms that actively seek out unclaimed assets to be redistributed to the rightful owner in exchange for a percentage of the gain. There are also websites that let you search your name to find unclaimed money owed via unclaimed recovery.

Go Here to Recover Unclaimed Money
Just enter your first and last name, or just your family name.

Article Source: http://EzineArticles.com/?expert=Glenn_Franklin

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The Right Way To Search With Regard To Unclaimed Funds Owed To You

LUFKIN, Texas (KTRE) -

The Texas State Comptroller's Office is keeping tabs on billions of dollars in unclaimed property.

One East Texas business was surprised to find more than $75 unclaimed that they did not know about.

"It was interesting to find out we had money that we didn't know we had. Seventy bucks, is 70 bucks," says Gene Carrier, President East Texas Asphalt Co.

Carrier says about five years ago, East Texas Asphalt checked the state comptroller's website, but had nothing.

"It is interesting how that money can fall through the cracks and you wonder how it happens," says Carrier.

"After a certain period of inactivity, meaning that the customer has not done anything with the account, after certain periods with different kinds of accounts, it gets turned over to the state as unclaimed property," says R. J. DeSilvia, Texas Comptroller's Office.

The Texas Comptroller's Office has more than two billion dollars in unclaimed property.
Much of the money is from old bank accounts, royalty and payroll checks, insurance policies and safe-deposit boxes.

When holiday shopping is calling, we are told now would be a good time to claim your cash.

"Whether they want to buy holiday and Christmas presents or at different times of the year, if they want to take a vacation for example they may have money coming to them. So, at different times of the year, like Christmas-time it certainly helps if folks do find out they have money," says DeSilvia.

"It's better than having it left out there and every dollar is important to people," says Carrier.

If you have money waiting on you, just fill out a claim form and mail it into the state office.

It's something Carrier is looking to do for his company, even if it is $76.59.

"It's like scratching off a scratch-off, you're a winner or you're a loser," says Carrier.

The comptroller's office says you could get your money within a month -- especially if you are the account owner.

To find out if you have unclaimed property, go to claimittexas.org.

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