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What is unclaimed or abandoned property?

abandoned Property unclaimed
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What is unclaimed or abandoned property?

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By definition, unclaimed property is any financial asset, usually intangible, being held for a person or entity that cannot be found. It is not real estate, abandoned personal property, or lost and found items. Unclaimed Property can include: • Dormant Savings and Checking Accounts and Certificates of Deposit • Safe Deposit Box Contents • Uncashed Money Orders, Cashier’s Checks, and Traveler’s Checks • Uncashed Payroll Checks • Unused Gift Certificates • Uncashed Stock and Mutual Fund Dividends • Stock Certificates • Unclaimed Security Deposits • Utility Deposits • Customer Deposits, Overpayments, Credit Balances, and Refunds • Court Deposits • Insurance Payments • Probate Court Judgments • Property Overlooked in the Probate of an Estate • Paid Up Life Insurance Policies • Uncashed Death Benefit Checks and Life Insurance Proceeds Unclaimed Property does not include real estate.

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