Government agencies hold $300
billion in unclaimed money and unclaimed property: lost
bank accounts, missing stocks, forgotten us savings
bonds, uncashed checks, unclaimed refunds and
settlements, lost life insurance policies and unpaid
benefits.
An unclaimed asset becomes abandoned in the
eyes of the law after the original owner is lost
(typically after a name or address change), or when
rightful heirs fail to claim it or otherwise
"communicate an interest" in it over a period
of years, known as the "dormancy period."
Unclaimed funds are remitted to the
protective custody of a government trust account in a
legal process called "escheat." Here they await
your claim!
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