Unclaimed-Funds.com

Although unclaimed money in Idaho currently totals $48 million, which is no small potatoes, there is some bad news about unclaimed stat tax money

Time is running out to lay claim to nearly $2 million in unclaimed property held by the State Tax Commission.

Officials say residents have until July 1 to prove ownership to more than $1.8 million of the state’s total $48 million in unclaimed cash, stocks, bonds and other assets.

Sadly, Idaho is one of the few states that has a time limit on claiming ID unclaimed assets:

Idaho takes ownership of property that goes unclaimed for more than 10 years.

Most states act as custodians, meaning they simply hold residents’ missing money indefinitely, until it is claimed. This means that Idahoans should understand the sense of urgency in reclaiming their forgotten funds goes beyond just a personal desire to take them back in a timely manner. The citizens of ID run the risk of forfeiting their unclaimed properties if they don’t learn the right strategies for locating them and claiming them ASAP.

Luckily for those Spud State residents who are new to the abandoned cash game, there are experts in Idaho unclaimed funds who can show them the ropes to jump start their search, and let them know the joys of found money.