Idaho Unclaimed Money – The Clock Is Ticking
Posted by: admin in Idaho, Unclaimed Funds, Unclaimed Money, Unclaimed Payroll Check, Unclaimed Property, UnclaimedFunds, UnclaimedMoney, UnclaimedPropertyThink you’ve got all the time in the world to find your Idaho unclaimed money? Think again!
While most of the 50 states will hold your missing money until you or your heirs claim it, Idaho only gives you 10 years. Of course even in other states, there’s no sense in letting the government hold your money, but in Idaho you’ve really got to get moving.
Via Idaho’s own State Tax Commission:
Most states act as custodians of your property, holding the property indefinitely until you or your heirs claim it. However, Idaho takes permanent ownership of the property if it has not been claimed within 10 years from the date the property was turned over to the state. At that time, those who were listed as owners, and the heirs of those owners, will lose all rights to that property.
At first, 10 years seems like plenty of time… But consider how old most sources of lost government money really are. If you forgot about these funds in the first place, odds are it was some time ago.
The bottom line is that unclaimed property in Idaho does come with an expiration date, so you owe it to yourself to search today!
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