Unclaimed Money Oregon

Estates Administration program. Fortunately, while the location of the programmes has changed, the programmes themselves — as well as the personnel who assist in the delivery of unclaimed funds to their rightful owners – have not.

Unclaimed Money, such as uncashed checks, neglected bank accounts, security deposits, and other items total more than $773 million in Oregon’s Unclaimed Property Program. The property is kept safe by Treasury until the true owners come forward to claim it. We also invest the cash to earn interest for the Common School Fund, which provides funds to Oregon schools.

Meanwhile, the Estates Administration Program protects their estates when Oregonians die without a will or known heirs. Funeral arrangements are coordinated by the Estates team, which also locates and secures assets, pays creditors and estate taxes, and searches for heirs. Until claimed, all remaining money is deposited in the Common School Fund, which earns interest in Oregon’s K-12 education.