Florida Holds $271 Million in Unclaimed Money and Unclaimed Property in 2.5 Million Accounts, With 1 Million New Accounts Added Each Year
A news story on the website of Tampa, Florida NBC Affiliate, WFLA.com, notes that the State of Florida holds $271 Million in unclaimed money and unclaimed property.
According to Walter Graham, Chief of the Florida Bureau of Unclaimed Property, the $271 Million an be found in “12.5 million accounts in the [Florida] database,” and, Graham noted, “we load 1 million new accounts each year.”
As for where the unclaimed money and unclaimed property comes from, the report sites the website credit.com, which lists the top ten sources as:
1. Savings or checking accounts
2. Uncashed dividends or payroll checks
3. Stock certificates or accounts, bonds, mutual fund accounts
4. Insurance payments or refunds
5. Utility/security deposits
6. Travelers checks
7. Unredeemed money orders or gift certificates (in some states)
8. Life insurance policies
9. Contents of safe deposit boxes
10. Misplaced pensions, retirement and lost/forgotten 401(k)s
To check if you may have unclaimed money or unclaimed property, you can run a name index search at the State’s Florida Treasure Hunters website. Or, perhaps, Shar Mansukhani and John Hibert with Heir Hunters International will knock on your door.