January 22, 2012
Search For Michigan Unclaimed Cash – Part 2 of 2
(Part 2 of 2)
The citizens who are owed Mich. unclaimed funds may have lost track of their assets while moving to another city or getting new jobs. This is very common in the fast-paced lives we're all living now, and not remembering to leave things like a forwarding address is very common. Because of this, mailed notices and checks often don't reach the addressees and must be returned to the sender (things like the IRS or businesses and financial institutions), and they stay there until the 'dormancy period' has gone by, and state law requires that these assets be passed along to the state. In Mich. this period is 5 years for most types of unclaimed funds.
All Michiganers and former residents of Mich. ought to perform a search for unclaimed money in Mich. – with hundreds of millions of dollars waiting to be discovered, the odds are great that they may be owed money. It's often shocking whose names have shown up on the missing money list. Aretha Franklin, Marshall (Eminem) Mathers, and even Domino's Pizza magnate Thomas Monaghan's names have shown up on the Mich. unclaimed money owners list.
Sense it is a 'custodian state', there is no time limit for Mich. unclaimed money to be claimed by its owners. In a report on Mich. unclaimed property by ABC's WZZM 13, the Mich. State Dept. of Treasury's Gonzalo Llano said "The funds stay here forever until they are claimed by either the property owner or their heirs should the property owner be deceased," But don't you feel like the lost money would be happier snug in their owners' pockets than collecting dust in some cold, dingy State general fund? Educate yourself on how to get started on an exhaustive search, and track down all potential Mich. unclaimed money owed to you today!
–
Latest
“We have put lots of
Spare change left at airports makes big impact on TSA
However, there are instances where loose change or other items are left behind and
Treasurer Grossman making his mark
State Treasurer Steve Grossman's first year on the job has been productive, finding new ways to leverage taxpayers'
Treasure Hunt:
More than 500 Jasper County residents have
By state law, Iowa companies and financial entities are required to report
IMPORTANT: Bing News RSS feed has moved!
Go to the
Spread the worddel.icio.us Digg Furl Reddit Ask BlinkList blogmarks BUMPzee Google Ma.gnolia Netscape Newsvine Simpy Slashdot Sphere Spurl StumbleUpon Tailrank Technorati Windows Live Yahoo! Help Trackback uri
|
Leave a Comment