Unclaimed Money Discovery - If you had a one in four chance at winning the lottery, would you buy a ticket? Sure you would! In fact, most folks would think you were crazy to pass up that kind of opportunity, right? Now let's make that opportunity even sweeter: let's say that lottery ticket is free. Would you take the time to pick up one of those tickets? The truth might surprise you. Because despite the fact that as many as one in four people have unclaimed money waiting for them, few ever bother to claim it. Yes, we're talking about free money; your money! Levels of unclaimed money being held by state and federal agencies is growing at an unprecendented rate. According to the Louisiana State Treasurer John Kennedy, for every dollar that is claimed and paid out, between two and three new unclaimed dollars come in. And Louisiana isn't alone. All across the US, state treasuries are seeing record levels of unclaimed cash pile up. Texas has $2.5 Billion, California has $6.1 Billion, New York has $12 Billion, and state treasuries from coast to coast are getting hundreds of millions more in new funds month after month.
So how on earth does all this cash get lost? People move, change jobs, or die. Often times it's simply an error by the bank, insurance company or utility company that has your money. They misspell your name or enter an incorrect address. And when you can't be located, that money must be turned over to the state. This is something that happens 100,000 times a day. Every day. Just think about the different sources of cash that you've got floating around in your personal universe and now consider the different ways that you could lose track of that cash without even realizing it. There are lost bank accounts, unclaimed interest payments, missing stock dividends, lost tax refund checks, unclaimed utility deposits, cash back from unused insurance premiums; and of course there's always that big, fat life insurance policy from your long-lost rich uncle. Yes, these funds really exist and most people will never bother to claim them. And, with the average national claim amount hovering clost to $1,000.00, it seems almost impossible to believe.
What can you do about it? Stop procrastinating and invest a little of your time. For the do-it-yourselfer, finding unclaimed money can be done by searching the various state and federal databases—many of which have free online access. You'll need to search every state in which you or your family members have lived, worked or done business. This is where it can get a bit tricky. Let's say that over his lifetime, your long-lost rich uncle lived in Minnesota, Kentucky, and New York and bought a life insurance policy from a company in New Jersey. The funds from that life insurance policy might have ended up in any one of those four states. To do a proper search, you'll have to search in each state, searching under your uncle's name, any misspellings of your uncle's name, the names of the potiential heirs and misspellings of the potential heirs' names. And of course, there's always the chance that when the life insurance company turned that cash over to the state, they were missing your uncle's name completely and only had his last known address. That's the tricky part; remember, assets become lost for a reason!
If you're like most folks, you don't have the time or patience to do a thorough unclaimed money search yourself. So what's the alternative? Well, it's really no different than hiring an accountant to prepare your tax return; there are plenty of professionals that do this for a living. They are experts in their field and will ultimately get you a much better result than you could get on your own. UnclaimedMoneyDiscovery.com is a professional asset recovery firm that can help you locate lost cash and claim it. Unlike "finders" (folks who take a hefty percentage of your lost fortune as a finder's fee), UnclaimedMoneyDiscovery.com performs an initial search for free and then charges an extremely low flat fee to do everything for you; from research and genealogy to preparing your government claim forms for submission.
Whether you decide to roll up your sleeves and locate that unclaimed money on your own, or you choose to employ the help of an expert, don't just sit on the sidelines. Believe it or not, the government really doesn't want your money! It's time to get up off the couch and go get that free lottery ticket today. Who knows? A fortune in unclaimed money might be waiting for you right now!
For more information about locating unclaimed money, along with your complimentary initial search, be sure and visit: www.unclaimedmoneydiscovery.com
So how on earth does all this cash get lost? People move, change jobs, or die. Often times it's simply an error by the bank, insurance company or utility company that has your money. They misspell your name or enter an incorrect address. And when you can't be located, that money must be turned over to the state. This is something that happens 100,000 times a day. Every day. Just think about the different sources of cash that you've got floating around in your personal universe and now consider the different ways that you could lose track of that cash without even realizing it. There are lost bank accounts, unclaimed interest payments, missing stock dividends, lost tax refund checks, unclaimed utility deposits, cash back from unused insurance premiums; and of course there's always that big, fat life insurance policy from your long-lost rich uncle. Yes, these funds really exist and most people will never bother to claim them. And, with the average national claim amount hovering clost to $1,000.00, it seems almost impossible to believe.
What can you do about it? Stop procrastinating and invest a little of your time. For the do-it-yourselfer, finding unclaimed money can be done by searching the various state and federal databases—many of which have free online access. You'll need to search every state in which you or your family members have lived, worked or done business. This is where it can get a bit tricky. Let's say that over his lifetime, your long-lost rich uncle lived in Minnesota, Kentucky, and New York and bought a life insurance policy from a company in New Jersey. The funds from that life insurance policy might have ended up in any one of those four states. To do a proper search, you'll have to search in each state, searching under your uncle's name, any misspellings of your uncle's name, the names of the potiential heirs and misspellings of the potential heirs' names. And of course, there's always the chance that when the life insurance company turned that cash over to the state, they were missing your uncle's name completely and only had his last known address. That's the tricky part; remember, assets become lost for a reason!
If you're like most folks, you don't have the time or patience to do a thorough unclaimed money search yourself. So what's the alternative? Well, it's really no different than hiring an accountant to prepare your tax return; there are plenty of professionals that do this for a living. They are experts in their field and will ultimately get you a much better result than you could get on your own. UnclaimedMoneyDiscovery.com is a professional asset recovery firm that can help you locate lost cash and claim it. Unlike "finders" (folks who take a hefty percentage of your lost fortune as a finder's fee), UnclaimedMoneyDiscovery.com performs an initial search for free and then charges an extremely low flat fee to do everything for you; from research and genealogy to preparing your government claim forms for submission.
Whether you decide to roll up your sleeves and locate that unclaimed money on your own, or you choose to employ the help of an expert, don't just sit on the sidelines. Believe it or not, the government really doesn't want your money! It's time to get up off the couch and go get that free lottery ticket today. Who knows? A fortune in unclaimed money might be waiting for you right now!
For more information about locating unclaimed money, along with your complimentary initial search, be sure and visit: www.unclaimedmoneydiscovery.com