January 20, 2012
Locate Utah Lost Money – Part 1 of 2
(Part 1 of 2)
Utah may be called the Beehive State, but the UT State Treasurer's Office is holding a treasure that's sweeter than any honey you've ever tasted. Each year millions of dollars in missing money is 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 step forward and take back what is owed to them.
Though it's difficult for most people to accept that this money is real, because it's almost inconceivable that people could somehow "forget" about such massive sums of money, but in fact unclaimed money comes from accounts and assets the majority of us have and use on a regular basis. Though there are dozens of different types, the UT State Treasurer's website names the following as the most common types of lost money: uncashed checks, commissions, dividends, death benefits, money orders, insurance payments, stocks, savings accounts, refunds, certificates of deposit, checking accounts, gift certificates, overpayments, unpaid wages, paid-up life insurance policies and contents of safe deposit boxes.
While locating abandoned assets can be easy for those that know what they're doing, there are dozens of obstacles that can and often do get in the way of people trying to find their funds. Most of these obstacles amount to being uninformed about how to perform complete searches to be sure all possible claims have been discovered. When getting started, it's often easy to make the mistake of just searching one time and accepting the search results as the beginning and end of a search. The second biggest mistake is thinking that all search websites are the same.
(to be continued)
–
Deadline looms for $16.5M lottery winner
On Monday, a $77 million lottery ticket went
IMPORTANT: Bing News RSS feed has moved!
| Go to the |






















Leave a Comment