You may have Unclaimed property… How to Claim

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Unclaimed property is a term that describes funds or assets that have been abandoned by their owners. This can include things like bank accounts, uncashed checks, or insurance policies. Many states hold these properties for safekeeping until the rightful owners, or their heirs, come forward to claim them. Searching the state controller’s unclaimed property database can lead to discovering assets that rightfully belong to you.

The California State Controller’s Office manages around $14 billion in unclaimed property and according to the National Association of Unclaimed Property Administrators, one in seven people across the nation has unclaimed property.

According to the State Controller’s Office, the most common types of unclaimed property in California are:

  • Bank accounts and safe deposit box contents
  • Stocks, mutual funds, bonds, and dividends
  • Uncashed cashier’s checks and money orders
  • Certificates of deposit
  • Matured or terminated insurance policies
  • Estates
  • Mineral interests and royalty payments
  • Trust funds and escrow accounts
  • Utility account deposits

Claiming Your Property

To start your search, visit your state controller’s website. Most states provide an easy-to-use online database, allowing you to input your name or other relevant details. It’s essential to check for variations of your name and even any previous addresses, as properties may be listed differently than expected.

If you find property that belongs to you, the next step is to file a claim. This process typically involves filling out a claim form and providing proof of identity and ownership, such as identification, proof of address, or documentation related to the unclaimed asset. Each state has its own guidelines, so be sure to follow the specific instructions provided on the website.

Regularly checking the state controller’s unclaimed property database is a good practice. You might be surprised at the number of people who find forgotten assets. Remember, there is no cost to search or claim your property, and it’s a great way to ensure you receive what is rightfully yours.

How I did it ?

To start the claim process, go to Search for Property , enter the following information:

  • Name
  • City
  • Address

If you find anything, follow the steps as suggested by the site.

In California, you can collect money and property owed to you for free.

There’s no deadline to claim property once it’s been transferred to the State Controller’s Office by banks, businesses, insurance companies and other entities.

Post your success story below in comment section…

Good luck…

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