Florida Unclaimed Money Secrets
If you have ever lived in Florida, there’s a chance for you to earn the unclaimed property. You have the right to claim your property at any time at no cost.
Welcome to the Great Florida Treasure Hunt.
Unclaimed Money and unclaimed property searches are conducted by most Americans on an annual, if not biannual, basis. Currently, the Department of Financial Services of Florida holds unclaimed property accounts of more than $1 billion value, mostly from latent accounts in financial institutions, insurance and utility companies, securities and trust holdings.
In addition to money and securities, unclaimed property includes tangible property such as watches, jewelry, coins, currency, stamps, historical items and other miscellaneous articles from abandoned safe deposit boxes.
Floridians no longer have to borrow money from their friends because from now on numerous dormant bank accounts, uncashed payroll checks, stocks, dividends will take their friends’ place of helping them financially. Usually companies lose contact with people linked to these accounts, as a result of which these funds are transferred to the State Department of Financial Services and resources. A total of hundreds of millions per year, which is known as the unclaimed money is getting accumulated with the state every year. The state has never really “owned” unclaimed money in Florida, but they are required to keep it until the owner claims it.
The task of turning the problem of “lack of money” to the joy of “finding easy money” is easy if you know what to do. Many people make the mistake of merely searching for the third parties over the internet but a direct approach is always preferred. All that one need to do is do a little bit of search over the internet with the help of sites like www.cashunclaimed.com.
It is advised not to restrict the search to Florida alone as many firms have been relocated over the years. A global search is suggested. In cases when the unclaimed money belonged to the deceased or the retired, the legitimate heir can claim it by submitting proper proofs. However this may involve a little more effort.
For many people who think it is impossible to gain the abandoned or forgotten money, just give it a try and you will be surprised to see money coming your way to relieve you from your worries.