Are you familiar with the unclaimed money in the United States? If so, you might be curious about your rights to a slice. Although it may sound simple, the truth is that most Americans can count on having some of that money. There are as much as 58,000,000 in unclaimed property across all American States.
Depending on what type of missing property you have, you could be eligible for serious cash. Last year, a man claimed approximately 32 million dollars!
Although this may not be true for you, you can take every uncollected paycheck, inactive bank account, and any inheritance that has yet to be claimed into consideration. You may find a substantial financial relief, or even a shopping spree, in your near future.
You don’t want to miss the chance to see if any of the Wisconsin unclaimed funds are yours.
Here are some key facts about unclaimed money in Wisconsin
Unclaimed money refers to any financial asset that has been unclaimed and has not had a known owner for a specified period. This period varies from one state to the next. Wisconsin has the shortest time limit before the government declares the property abandoned. For certain funds, the maximum it can last is one year.
The State of Wisconsin Department of Revenue will take possession of the property once it has been declared abandoned.
The Department of Revenue may try to contact the owner during that period.
- To locate the owner, you can use tax records
- Matching their name to the information in the public record
- Multiple online databases to help people search for their money
There is no time limit for filing a claim on your Wisconsin property that has been lost. As long as you can prove ownership or a relationship, you will receive the money back without any additional charges.
Do not wait for the money! UnclaimedMoney can show you how to claim the money quickly and efficiently on your own.
What is considered lost money in Wisconsin?
Unclaimed funds are common in Wisconsin because people don’t know what to look for. People tend to think of insurances, wills from relatives who have died, and content from bank accounts as the main focus. There are many other things you can include in your search.
Each state has its own rules regarding the definition of unclaimed property. These are the most popular for Wisconsin:
|Types of Property||What is the best time to consider it abandoned?|
|Money orders||After seven years|
|Traveler’s checks||After 15 years|
|Checking and saving accounts||After five years|
|Dividends and securities||After three years|
|Safe deposit boxes||After five years|
|Official bank checks||After five years|
|Life insurance||Two years later|
|Wages, wages, liquidations, utility deposits and refunds||After one year|
Why don’t people claim their Wisconsin lost money?
People often don’t know they have it. If the amount is not enough, they may forget to claim it or feel ashamed.
People often don’t know where their money is and believe that they aren’t entitled to it if they wait too long. They are hesitant to search because they fear the process will take too long, be expensive, and can’t afford it.
How to Search for Wisconsin Unclaimed Money on Your Own
The official website of the Department of Revenue of Wisconsin, Wisconsin Unclaimed Money Finder is one way to find your money.
The search provides a free, comprehensive view of Wisconsin’s unclaimed funds database. These are the steps to complete your search:
- Visit the website
- Click on Unclaimed Property Search
- In the required field, enter your business name or last name
- If necessary, add additional information to reduce the results
- Click Search
- Click on the Selecttab beside the property.
- Click the Claim Property button at bottom of page
- Answer questions regarding your relationship or status with the property owner
- Complete the claim by providing additional information such as Social Security number and date of birth.
- Send the claim
You will need to provide additional documentation after you file the claim to prove your identity as well as the ownership of the property. If all goes well, you will be sent a check and further information about how to get your property.
This method can only be used for Wisconsin unclaimed funds. You can also use the National Association of Unclaimed Property Administrators website if you or your family members used to reside in another state. NAUPA gives you access to all unclaimed money databases in every state. Select the state you wish to access and follow the instructions on the website.
Unclaimed money in Wisconsin
UnclaimedMoney is a great resource for those who feel overwhelmed or want to claim their lost money in a more straightforward way. UnclaimedMoney is a better website than other websites that require you to search for individual states and then repeat the process multiple times. In just a few clicks, you can check if there are any unclaimed funds. It’s very simple:
- Select the Missing money feature
- Enter the personal information you require. If you want to refine your search and include all addresses, please provide your middle name.
UnclaimedMoney will run a thorough search of all databases, including every location you have lived, to locate your missing funds. If there is a match and you have the right of unclaimed property, you will be able to access the Claimed My Property feature. We’ll save you time and hassle by filing the claim for you.
You don’t have to put off searching for your missing funds. UnclaimedMoney is a quick and easy way to reclaim your money!