Archive for March, 2008

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.

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According to Wyoming State Treasurer Joe Meyer, the state is currently holding more than $26 million in WY unclaimed money, owed to residents of the state.

A recent Wyoming brief from the Jackson Hole Star Tribune provides details:

State Treasurer Joe Meyer’s office will hold its annual Wyoming Windfall campaign starting Monday in an effort to return $26 million in unclaimed property to its rightful owners.

Wyoming unclaimed money takes a lot of forms, but the article lists a few of the most common:

Most of what the office returns is cash — uncollected wages, uncashed money orders, oil and gas royalties, stocks, bonds and mutual funds.

The article goes on to note that if you’re lucky, you could be in for a massive amount of missing money:

Meyer said the average claim is less than $100, but some have claimed $100,000 or more.

This is all good news for all residents of Wyoming, but you can’t get paid if you’ve never played. The only way to claim unclaimed property is to perform a thorough search using tried and true methods perfected by experienced searchers.


Wyoming unclaimed money video source.

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