While you might believe that most individuals would remember about property or money that has gone missing, there is a surprising quantity of unclaimed property. While some of the financial amounts are minor, others are rather substantial. There is at least one million-dollar pension that has not been claimed, for example. This makes it worthwhile to check to see if you have any unclaimed property.
When we talk about big numbers, we’re talking about huge numbers. How big is it? If the numbers from the National Association of Unclaimed Property Administrators (NAUPA) are true, the total value of unclaimed property in the United States is estimated to be over $42 billion. California is home to a large portion of that money. The state of California now has more than $8 billion in unclaimed property that belongs to around 32.5 million people and businesses.