Unclaimed Money Nevada

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

Nevada Governor Steve Sisolak signed a bill into law on Tuesday to make it easier and faster for Nevadans to recover their Unclaimed Money.
The unclaimed property fund of the Office of the State Treasurer contains almost $1 billion in unclaimed funds. According to state law, the treasurer’s office takes control of the monies until they can be returned to their rightful owner. Unclaimed property included. Checks that have not been cashed or deposited. Bank accounts that have been closed. Other funds have gone missing.

There is no payment for this service. The law, known in the Legislature as Senate Bill 71, authorizes the state treasurer’s office to initiate an unclaimed property claim on behalf of a person rather than the individual making a claim. During the pandemic, the office started doing this in a pilot program to help people identify any money that could help them.

How Much Unclaimed Money in Nevada?

Nevada is a state with a small population but many unclaimed properties. Nevada now has nearly $830 million in unclaimed assets. Over $37 million in unclaimed/abandoned property was returned to its rightful owners in Nevada last year. Keep in mind that, while this figure is large, it only represents a small part of the total amount of unclaimed property available. Unclaimed property in the United States is estimated to be worth $42 billion.

The National Association of Unclaimed Property Administrators cites this figure (NAUPA). The National Association of Unclaimed Property Administrators (NAUPA) is a non-profit organization dedicated to assisting actual owners in locating and claiming their abandoned property. Unclaimed property administrators, such as state treasurers, are usually members of NAUPA, but the organization’s membership is not limited to government officials.

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!