November 20, 2008
UT Abandoned Assets - Part 1 of 2
(Part 1 of 2)
Utah may be nicknamed the Beehive State, but the UT State Treasurer's Office is holding a treasure that is sweeter than any honey you've ever tasted. Every year millions of dollars in forgotten funds are turned over to the state treasury dept. in the form of Utah unclaimed money. As of 2005, the state treasury was holding more than 100 million dollars, waiting for the rightful owners to come forward and take back what technically already belongs to them.
Though it's difficult for most people to accept that this money is really out there, because it's almost inconceivable that people could simple "forget" about such massive sums of money, but in fact unclaimed money comes from assets and accounts most of us have and use on a regular basis. Though there are dozens of different types, the UT State Treasury's website lists the following as the most common types of lost money: certificates of deposit, checking accounts, gift certificates, overpayments, unpaid wages, paid-up life insurance policies, uncashed checks, commissions, dividends, death benefits, money orders, insurance payments, stocks, savings accounts, refunds and contents of safe deposit boxes.
(to be continued)
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Man's Suspicious Request About Unclaimed Money Prompts Warning - Hartford Courant
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Man's Suspicious Request About Unclaimed Money Prompts Warning
Hartford Courant, United States - The reports list names and addresses of people who are owed unclaimed money, and sometimes Social Security numbers. That raises concern about the potential … |
Locals Awarded Cy Pres Funds - Memphis Daily News
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Locals Awarded Cy Pres Funds
Memphis Daily News, USA - … if class members are difficult to identify or if unclaimed funds remain after all class members have received their portion of the settlement. … |
Our missing moneybags - Sydney Morning Herald
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Our missing moneybags
Sydney Morning Herald, Australia - By John Collett The amount of money in "lost" superannuation accounts continues to grow to mountainous proportions. It has reached almost $13 billion, … |
Unclaimed money may be yours - The Cherokeean Herald
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Unclaimed money may be yours
The Cherokeean Herald, TX - However, many more residents have unclaimed property that was not published. To find out if a person has money in the state treasury go to the state … |
IRS holding $266 mil in unclaimed suburban stimulus checks, refunds - Chicago Daily Herald
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IRS holding $266 mil in unclaimed suburban stimulus checks, refunds
Chicago Daily Herald, IL - And that's money that could have been helping the nation during this financial crisis. "At this stage of the game we need everything we can get," said Diane … |
