January 27, 2012
Locate Utah Unclaimed Funds – Part 1 of 2
(Part 1 of 2)
Utah may be nicknamed the Beehive State, but the Utah State Treasury Office is holding a treasure that's sweeter than any honey you've ever tasted. Every 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 held 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 believe that this money is really out there, because it's seems impossible that people could somehow "forget" about such large sums of money, but in fact unclaimed funds comes from accounts and assets the majority of us have and use on a regular basis. Though there are dozens of different types, the Utah State Treasurer's site lists the following as the most common sources of lost money: checking accounts, certificates of deposit, overpayments, gift certificates, paid-up life insurance policies, unpaid wages, commissions, uncashed checks, death benefits, dividends, insurance payments, money orders, refunds, savings accounts, stocks and contents of safe deposit boxes.
(to be continued)
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