Montana paying money to give it away
This week, the Montana Department of Revenue spent almost $10,000 to place 8,824 names in legal advertisements in daily newspapers across the state to contact the money’s owners.
Under a program set up by Montana law in 1963, unclaimed or abandoned money eventually gets turned over to the state. The state will hold it in trust for perpetuity.
To date, the state of Montana has collected about $47 million, and $16 million has been returned.
Check your family tree, a long-gone distant relative might be on this list. If you can provide proof of heritage, you could become richer.
So, get the word out to your family and friends. In doing so you can help keep the amount of money spent by the state down and increase income for others.
