When people start working, they have to think about and account for a lot of small quantity of money and properties, some of which can be substantial in size and amount while some can be so small that you probably don’t care about them. A lot of people wonder “how to find out if I have unclaimed money search”, it is estimated that at least 1 out of 10 people in the US have at least one or will have some unclaimed money or property. One of the examples of this happening is if someone changes their address or name and there will be a lot of people who might not be aware of this change, so if they have to send a cheque for example, they will probably send it to your old address or by your old name and when they don’t find you that particular property becomes unclaimed and goes to the state. Let’s look at some interesting facts about unclaimed money and property:
IT’S MORE COMMON THAN YOU THINK
A lot of people don’t even try to look if they have any unclaimed property, they think the odds of them getting something is similar to that of a lottery. Also, there is this image that the whole process takes a lot of time and it would be a waste of effort. One of the interesting things we found out was that one of out of ten people in the country has some sort of unclaimed money or property with the state. You should especially for something if you have moved around a lot in the past or have changed your name even in case of marriage, even somethings as simple as changing your address results in unclaimed property.
THERE IS A FEE YOU HAVE TO PAY WHEN CLAIMING THE POPERTY OR MONEY
This is one of the myths because of which a lot of people don’t even unclaimed money search, they think they will have to pay some percentage out of the money claimed to the person who found it. But this is rarely the case, there are a lot of people out there who will try to take or ask for money from you because they found some property or money in your name which is unclaimed. You can give them a cut if you feel like, you wouldn’t be aware of such property or money if it wasn’t for them. But if you don’t want to pay anything to anyone, the job is easy for you. There are a lot of online platforms where you can go and search under your name for any unclaimed property or money and it will give you all the details.
THE PROCESS IS DIFFICULT
If you are feeling lazy about going through the process of claiming money then don’t worry, most of the states let you claim up to small amounts online only, the cheque will reach you automatically. You can even get unclaimed money from deceased relatives.
