Maryland looking for owners of unclaimed property
Maryland State Comptroller, Michael Golden may be earning that name. He is looking to return $75 million to rightful owners. You may find him to be golden when you find your treasure.
A local newspaper has published the annual unclaimed property insert. The insert lists the names of residents with unclaimed bank accounts, stocks, payroll and numerous other unclaimed assets. About $75 million belonging to 116,700 owners still not been handed out.
But with a policy change, coupled with growing popularity of the comptroller’s Web site, the insert scheduled was cut in half. However, the number of people who have not collected their unclaimed money, did not.
Golden said the list in paper form is meant to cover Maryland residents who might not be computer-savvy or have immediate access to a computer. It was also noted that the Web site has been very successful in cutting down the number of unclaimed owners.
You should check the paper. Even if the unclaimed funds are from 1967, it’s kept in perpetuity. Also if you are not the original owner you may find you are the heir and have a right to claim the property.
Don’t live in Maryland? Go to www.CashUnclaimed.com for a comprehensive search of all state and federal databases. You have nothing to lose and perhaps a lot to gain.
