(Part 1 of 2)
The tiniest state capital in the United States, is the Vermont city of Montpelier. It's also the country's biggest producer of maple syrup and the state is also home to Ben & Jerry's Ice Cream company. Ben Cohen and Jerry Greenfield first opened shop in Burlington, Vermont on May 5, 1978 and the company's headquarters presently call Waterbury home. According to a recent press release from the Treasury Department, it seems that the New England state has even more sweet stuff to offer beyond maple syrup and ice cream and it's in Treasurer Jeb Spaulding's office – Vermont unclaimed money.
The state currently has approximately 42 million dollars in VT unclaimed money that is owed to around 200,000 Vermonters. Forgotten financial assets being held by banks and other financial establishments are turned over to the State Treasury Dept. after a certain period of 'dormancy'.
The state will then hold on to the lost funds and financial assets for safekeeping until the rightful owners come to claim them. The government is required by law to make efforts in locating residents who are owed cash and Treasurer Spaulding has actually been able to reunite some of the unclaimed money in VT with their jubilant owners.
(to be continued)
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Vallejo has $17,500-plus of
The city of Vallejo may have more than $17,500 in
Find out if the state is holding your unclaimed money, property
While Kendrick Perkins and Richard Seymour are both notable sports figures who departed Massachusetts franchises for other professional destinations, they also have something else in common: They both could soon be collecting money from the Massachusetts Treasury, which has identified hundreds of thousands of new individuals, charities and businesses over the last six months alone that are …
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(Part 2 of 2)
The state then holds on to the forgotten funds and financial assets for safekeeping until the true owners come forward to claim them. By law, the government is required to exert efforts in tracking down residents who are owed cash and Treasurer Spaulding has actually been able to reunite some of the unclaimed funds in Vermont with their jubilant owners.
In Vermont, the average unclaimed funds value is about $750. Many individual claims amount to less than $50, but there have been windfalls for some people. A former teacher was shocked with $150,000 from forgotten stocks her husband bought in the 1960's. Even state agencies are on the Vermont unclaimed funds list. The state Transportation Agency has $60.87 from three different claims and Vermont Senate President Peter Shumlin is owed abandoned assets by the state. Even members of the rock band Phish have unclaimed funds waiting to be discovered. The largest unclaimed account yet is for the massive amount of $980 thousand waiting for the lucky Vermonter to step forward and claim. "In this case, it must be a fairly extraordinary person," Spaulding comments "There appears to be unclaimed property in the same name in other states. We seem to have determined she's very likely deceased with no will and no identified heirs."
According to the State Treasurer, "Unclaimed property refers to accounts in financial institutions, companies, non-profits, even state governments that are some kind of financially related property, whether it's a tax rebate or a savings account or travelers checks, or gift certificates, insurance policies. And when the institution, whether it's a private or public entity, loses contact with the person whose property it is, for a certain number of years, usually it's three or five years, they turn it over to the state to try to find the rightful owners. Every state has an unclaimed property office, and there are some easy ways for people to search and find out whether a particular state has something for them."
Spaulding also warns his state's residents against individuals who might try to take a large chunk of their cash by offering to help them track down their unclaimed funds for a finder's fee. Under Vermont Unclaimed Property Law, it is not legal for unclaimed funds finders to charge more than 10% on money found in the state of Vermont. Performing an unclaimed funds search yourself is the optimal way to go – it's a relatively simple process, once you know where and how to search.
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Vallejo has $17,500-plus of
The city of Vallejo may have more than $17,500 in
Under law, the
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Go to the
(Part 1 of 2)
The tiniest state capital in the U.S., is the Vermont city of Montpelier. It is also the country's largest producer of maple syrup and the state is also home to Ben & Jerry's Ice Cream company. Jerry Greenfield and Ben Cohen first opened shop in Burlington, Vermont on May 5, 1978 and the company's headquarters are currently set up in Waterbury. According to a recent press release from the Treasury Dept., it appears that the New England state has something even more sweet to offer besides ice cream and maple syrup and it's in Treasurer Jeb Spaulding's office – Vermont unclaimed money.
The state currently has approximately $42 million in Vermont unclaimed funds that is owed to roughly 200,000 residents. Abandoned financial assets being held by banks and other financial establishments are handed over to the State Treasury Department after a specified period of 'dormancy'.
(to be continued)
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The government has $32 million in unclaimed property; here is how to find yours
The National Association of Unclaimed Property reports that there is about $32 billion in unclaimed property held by states
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(Part 2 of 2)
According to the Treasurer, "Unclaimed property refers to accounts in financial institutions, companies, non-profits, even state governments that are some kind of financially related property, whether it's a tax rebate or a savings account or travelers checks, or gift certificates, insurance policies. And when the institution, whether it's a private or public entity, loses contact with the person whose property it is, for a certain number of years, usually it's three or five years, they turn it over to the state to try to find the rightful owners. Every state has an unclaimed property office, and there are some easy ways for people to search and find out whether a particular state has something for them."
Spaulding also cautions his state's residents against individuals who might try to take a large chunk of their cash by offering to help them find their unclaimed property for a fee. Under Vermont Unclaimed Money Law, it is not legal for unclaimed property finders to charge more than 10% on cash found in the state of Vermont. Doing an unclaimed property search yourself is the best way to go – it's a relatively simple process, provided you know where and how to search.
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California holding $6 billion in
SACRAMENTO, Calif. (KGO) — Could you use a little cash? The state of California is holding $6 billion in
Vallejo has $17,500-plus of unclaimed money held by California
The city of Vallejo may have more than $17,500 in unclaimed money waiting in state coffers.That kind of money could convert about 35 high-pressure sodium street lights into energy-efficient LED street lights, said Vallejo Public Works Director David Kleinschmidt.
Unclaimed Money: IRS Has $1B for Late 2008 Filers
IRS: Half of Potential 2008 Refunds Are $637 or More
Vallejo has $17,500-plus of
The city of Vallejo may have more than $17,500 in
(Part 1 of 2)
The tiniest state capital in the United States, Montpelier, is located in Vermont. It's also the country's largest maker of maple syrup and the state is also home to Ben & Jerry's Ice Cream company. Ben Cohen and Jerry Greenfield first got started in Burlington, Vermont on May 5, 1978 and the company's headquarters presently call Waterbury home. According to a recent press release from the Treasury Dept., it seems that the northern New England state has something even more sweet to offer beyond ice cream and maple syrup and it is in Treasurer Jeb Spaulding's office – Vermont unclaimed money.
The state currently has roughly 42 million dollars in Vermont unclaimed property that belongs to roughly 200,000 Vermonters. Abandoned financial assets being held by banks and other financial establishments are turned over to the State Treasury Dept. after a specified period of 'dormancy'.
The state will then hold on to the forgotten funds and financial assets for safekeeping until the true owners come forward to claim them. The government is required by law to make efforts in tracking down residents who are owed cash and Treasurer Spaulding has actually been somewhat successful at reuniting some of the unclaimed property in Vermont with their jubilant owners.
In Vermont, the average unclaimed property value is approximately $750. A lot of individual claims are for less than $50, but there have been big checks cut for some people. A retired teacher was surprised with $150,000 from forgotten stocks her husband had purchased back in the 1960's. Even state agencies are on the Vermont unclaimed property list. The state Transportation Agency has $60.87 from 3 different claims and Vermont Senate President Peter Shumlin is owed money by the state. Even members of the rock group Phish have unclaimed property waiting to be discovered. The highest unclaimed account so far is for the massive amount of $980 thousand waiting for the lucky Vermonter to step forward and claim. "In this case, it must be a fairly extraordinary person," Spaulding comments "There appears to be unclaimed property in the same name in other states. We seem to have determined she's very likely deceased with no will and no identified heirs."
(to be continued)
–
Dawson-Bryant High School receives funding for online student project
School officials were presented a check for $1,105.69 earlier this month from the Ohio Department of Commerce, Division of
California holding $6 billion in
SACRAMENTO, Calif. (KGO) — Could you use a little cash? The state of California is holding $6 billion in
Unclaimed Money: Myths and Facts
Unclaimed Money: Myths and Facts
(Part 2 of 2)
In VT, the average unclaimed property value is approximately $750. A lot of individual claims are for less than $50, but there have been windfalls for some people. A retired teacher was shocked with $150,000 from forgotten stocks her husband bought back in the 1960's. Even state agencies are on the VT unclaimed property list. The state Transportation Agency has $60.87 from 3 different claims and Vermont Senate President Peter Shumlin is owed abandoned assets by the state. Even members of the rock band Phish have unclaimed property coming to them. The highest unclaimed account yet is for the massive amount of $980,000 waiting for the lucky Vermonter to take it home. "In this case, it must be a fairly extraordinary person," Spaulding comments "There appears to be unclaimed property in the same name in other states. We seem to have determined she's very likely deceased with no will and no identified heirs."
According to the Treasurer, "Unclaimed property refers to accounts in financial institutions, companies, non-profits, even state governments that are some kind of financially related property, whether it's a tax rebate or a savings account or travelers checks, or gift certificates, insurance policies. And when the institution, whether it's a private or public entity, loses contact with the person whose property it is, for a certain number of years, usually it's three or five years, they turn it over to the state to try to find the rightful owners. Every state has an unclaimed property office, and there are some easy ways for people to search and find out whether a particular state has something for them."
Spaulding also warns his state's people against individuals who may attempt to take a large chunk of their money by offering to help them locate their unclaimed property for a fee. Under VT Unclaimed Property Law, it is not legal for unclaimed property finders to charge more than 10% on money found in the state of VT. Doing an unclaimed property search yourself is the best way to go – it is a fairly simple process, once you know how and where to search.
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Daniel Vasquez: Beware Florida
which oversees more than $1 billion dollars in
Va. Treasury Division Provides Website to Check Possible
WASHINGTON – A staggering figure shows an estimation that one in four Virginians are owed
Millions
One woman now living in South Carolina recently learned she had $50,000
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