(Part 1 of 2)

Utah may be known as the Beehive State, but the UT State Treasury Office is holding a treasure that's sweeter than any honey. Each year millions of dollars in abandoned assets are handed 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 is tough for many people to accept that this money is real, because it is seems impossible that people could just "forget" about such massive sums of money, but in fact unclaimed property comes from assets and accounts most of us have and use throughout our lives. Though there are dozens of different types, the UT State Treasurer's web 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.

While locating forgotten funds can be easy for those that know what they're doing, there a lot of obstacles that can and often do get in the way of people trying to track down their funds. Most of these issues amount to being uninformed about how to perform complete searches to ensure all possible claims have been found. When getting started, it is often easy to fall in to the trap of just searching once and accepting the search results as the final answer in our quest. The second biggest mistake is thinking that all search sites are the same.

(to be continued)

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Under law, the

It must be a refund I never took. Or maybe I overpaid for something," he said. Dietz is one of thousands of Pennsylvanians owed

California holding $6 billion in unclaimed money
Could you use a little cash? The state of California is holding $6 billion in unclaimed money, even celebrities' money.

A new YouTube video reveals how an

Q: My mother passed away several months ago, and I was the executor. A firm called “Keane” contacted me about the possibility of some

(Part 2 of 2)

While tracking down missing money 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 cash. Most of these obstacles relate to being uninformed about how to perform thorough searches to make certain that all possible claims have been found. When starting out, it's often easy to make the mistake of just searching one time and accepting the search results as the final answer in our quest. The second biggest mistake is thinking that all search sites are the same.

What the majority of people don't realize, even after they're aware of the reality of unclaimed money, is that there are actually very few sites that offer the real state records. To start with, most of these sites are unreliable to the point that a resident would be completely wasting their time to try to use them. But even the real state databases are often not complete for a variety of reasons. For one, each type of asset has its own individual dormancy period, or period of time that must go by before law requires the holder to turn the asset over to the state. Even after assets are turned over to the state, someone must physically add the record to UT's unclaimed money listings. For this reason, search results showing no claims may be misleading if the claim just hasn't been handed over or the state hasn't added it to their records.

Despite these hurdles, and many others that plague beginners, people can learn the search strategies of pro searchers and implement them in their own searches. Quite often, citizens jump in to the unclaimed asset game not knowing where to start and they mess up their own potential for locating lost treasure. If everyone would spend just a bit of time educating themselves on where they should search, and how often they ought to search, everyone would stand a better chance of taking back cash that is technically already theirs, instead of allowing it to collect dust in some government government building.

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California holding $6 billion in unclaimed money
Could you use a little cash? The state of California is holding $6 billion in unclaimed money, even celebrities' money.

The government has $32 billion in
There may be

ALBANY — Ever wonder what happens to your nickel deposit whenever you toss a soda can or beer bottle without returning it? Under a bill receiving serious consideration in the state Legislature, most of it would go back into a state fund that …

(Part 1 of 2)

Utah may be nicknamed the Beehive State, but the UT State Treasury Office is holding a treasure that's sweeter than any honey. 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 held more than 100 million dollars, waiting for the true owners to step forward and take back what technically already belongs to them.

Though it's tough for many people to accept that this money is really out there, because it's almost inconceivable that people could just "forget" about such massive sums of money, but in fact unclaimed money comes from accounts and assets the majority of us have and use throughout our lives. Though there are a lot of different types, the UT State Treasurer's web site lists 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.

(to be continued)

–

ALBANY — Ever wonder what happens to your nickel deposit whenever you toss a soda can or beer bottle without returning it? Under a bill receiving serious consideration in the state Legislature, most of it would go back into a state fund that …

The government has $32 billion in
There may be

California holding $6 billion in
SACRAMENTO, Calif. (KGO) — Could you use a little cash? The state of California is holding $6 billion in

Guess who has
Guess who has

Unclaimed Money: IRS Has $1B for Late 2008 Filers
IRS: Half of Potential 2008 Refunds Are $637 or More

(Part 2 of 2)

What the majority of people don't realize, even after they are in the know about the reality of unclaimed money, is that there are actually very few sites that offer the official state records. To start with, most of these sites are unreliable to the point that a resident would be completely wasting their time to try to use them. But even the official state records are often not complete for a number of reasons. For one, each kind of asset has its own dormancy period, or period of time that must pass before law requires the holder to turn the asset over to the state. Even after monies are turned over to the state, an employee must physically add the record to UT's unclaimed money listings. For this reason, search results showing no claims might be misleading if the record just has not been turned over or the state has not added it to their records.

Despite these hurdles, and many others that plague beginners, people can learn the search strategies of professional searches and utilize them in their own searches. Quite often, people jump in to the found money game without knowing where to start and they mess up their own potential for locating lost treasure. If everyone would spend just a bit of time educating themselves on where they should search, and how often they should search, everyone would stand a better chance of taking back cash that is technically already theirs, instead of allowing it to collect dust in some government office.

–

California holding $6 billion in
SACRAMENTO, Calif. (KGO) — Could you use a little cash? The state of California is holding $6 billion in

Thousands in Unclaimed Cash Could Be Yours
The Virginia Department of the Treasury is participating in a Fairfax workshop to help people collect unclaimed money.

Under law, the

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