Do you have any assets or cash that you don’t know about? You might! According to the National Association of Unclaimed Property Administrators, approximately one in seven people has unclaimed property. It’s just sitting there.
How do you know if you’re one of them? There are organizations that will help you track down whether you have cash waiting to be claimed.
Why Are Cash and Assets Unclaimed?
People move more than they used to. Some have left bank accounts open in various states. These financial institutions turn over the funds to state governments to be held until the rightful owner finds them. They don’t go searching for you. It’s up to you to find them.
Anne Johnson
Author
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.
