Indiana holding millions of dollars for its residents
Looking for money? Ever think to look to your state? No, not welfare money, but money that is yours. States hold money that belongs to the residents and sometimes the residents do not know it.
This money comes from forgotten or lost assets that are by law turned over to the state by financial institutions. The law for Indiana is when there has been no activity on an account for the last five to seven years (depending on the account) the money is to be turned over to the state as unclaimed property. Unclaimed property may also include the contents of a safe deposit box which has been turned over to the state. After 25 years this money if still unclaimed reverts to the state.
The State of Indiana has actively been searching for the owners of unclaimed property for the past five years. During this time period more that $26 million has been returned. The problem is the unclaimed money just keeps coming in. This year there was another $71 milion added to the Unclaimed Property Fund. Sure, you wish you had such a problem. This is truly a problem. There is someone that has the responsibility of returning this money to the rightful owner, attorney general Steve Carter.
Therefore he recommends that residents check on a yearly basis to see if the state is holding any of their assets and not only checking for your name, but for the name of any recently deceased relatives.
CashUnclaimed.com is a company that was founded with the concept of assisting people in finding their unclaimed money. With CashUnclaimed.com one entry of your name will include a search of all the states and federal databases for a comprehensive search. If you have lived or worked in more than one state, then it is likely that more than one state could be holding your money. This is a free search so go to www.CashUnclaimed.com now and see if there is money owed to you.
