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Could some of that Unclaimed Property be yours?
Almost half of all
Idahoans are listed as having property in
Idaho's Unclaimed Property database |
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April 13, 2016 |
from the Office of the Idaho State
Treasurer
 Have
you ever reached into an old coat pocket and
found some cash? Most of us have and it’s a
great surprise – and one that doesn’t happen
often enough. You can relive that feeling by
reaching into the State of Idaho’s unclaimed
property database and see if they are holding
money you didn’t know you had.
Right now the Idaho State Treasurer’s Office
Unclaimed Property Program has approximately $13
million in newly submitted lost or forgotten
money for Idahoans to claim. This money was
turned over to the State in January, so even if
a person has checked for their name in the past
and didn’t find money, their name could be there
now.
Businesses and organizations that cannot locate
rightful owners annually submit abandoned money
to the state. What is the source of the money? A
few examples are overpaid bills, utility
deposits, inactive savings and checking
accounts, life insurance policies, stocks, and
bonds.
Currently, over 800,000 Idahoans are listed as
having money in the Idaho Unclaimed Property
Database—that's nearly half of everyone in
Idaho. Since July of last year, almost 16,000
Idahoans have claimed their money.
“We find it very rewarding when we see people
filing claims and getting money sent to them
that they didn’t know they had. It really is the
best feeling of satisfaction,” says Cozette
Walters, Unclaimed Property Program
Administrator.
The State makes it easy for citizens to search
for their lost or forgotten money. With a new
user-friendly website and web address,
yourmoney.idaho.gov, Idahoans can search for
their names and file a claim online.
Searching and claiming lost money on the Idaho
State Treasurer's Unclaimed Property website is
always free and confidential.
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