(Part 1 of 2)

Utah may be called the Beehive State, but the UT State Treasury Office is holding a treasure that's sweeter than any honey you've ever tasted. Every year millions of dollars in abandoned assets are turned over to the state treasury department in the form of Utah unclaimed money. As of 2005, the state treasury held more than $100 million, waiting for the rightful owners to come forward and take back what is owed to them.

Though it's difficult for many people to accept that this money is really out there, because it's almost inconceivable that people could simple "forget" about such large sums of money, but in fact unclaimed funds comes from accounts and assets most of us have and use on a regular basis. Though there are a lot of different types, the UT State Treasury's site names 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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