Unclaimed Money Kentucky

KENTUCKY HAS RETURNED MORE THAN $2 BILLION IN UNCLAIMED PROPERTY TO ITS RIGHTFUL OWNERS.

Unclaimed property in Kentucky is defined as a financial asset that has been left dormant by the owner for a specified period of time. The statutory duration is usually three years. Unclaimed property does not apply to all sorts of properties.

The majority of tangible items, such as automobiles, real estate, and furniture, are specifically exempt from unclaimed property regulations. Usually, only tangible goods that can fit within a safe deposit box become abandoned property. Furthermore, stolen goods cannot be turned into abandoned property. Kentucky is unique in that state income tax return checks never become unclaimed property and are never held in the state’s unclaimed property fund.

How Much Unclaimed Money in Kentucky?

Kentucky’s Unclaimed Property Fund has about $500 million in unclaimed assets. According to the National Association of Unclaimed Property Administrators (NAUPA), a professional organisation dedicated to helping property owners locate and claim their lost assets, there is now at least $42 billion in unclaimed funds accessible in the United States.

Although Kentucky allows you to search by last name, unless your last name is particularly uncommon, this is generally not the best option. We did a search for Kentucky using only the last name Smith to demonstrate why a last-name-only search could be problematic. It returned more than 200 results, with a maximum of 200 results per search:

Is There Unclaimed Money In Your Name?

The government may have as much as $58 billion in unclaimed money. Find out if some of it may belong to you or someone you know!