Unclaimed Money Wisconsin
WISCONSIN HAS RETURNED MORE THAN $2 BILLION IN UNCLAIMED PROPERTY TO ITS RIGHTFUL OWNERS.
Unclaimed property is defined differently in each state. Unclaimed Money in Wisconsin is defined as any financial asset with no owner action for a year or more, and the asset holder cannot locate the owner. The statute exempts real estate from unclaimed property law. Utility deposits, uncashed death benefit checks, savings accounts, unclaimed wages, checking accounts, mature life insurance policies, unclaimed property resulting from a business closure, uncashed dividends, refunds, stocks and mutual funds, credit balances, customer deposits or overpayments, and certificates of deposit are all examples of unclaimed property.
How Much Unclaimed Money in Wisconsin?
Wisconsin had returned about $117 million in the unclaimed property as of 2017. It does not disclose the current quantity it possesses, which is continually changing. Because the new property is reported as unclaimed and other property is claimed, the amount of unclaimed property is continually altering across the country. Despite this ongoing movement, the National Association of Unclaimed Property Administrators (NAUPA), an organisation dedicated to tracking unclaimed property across the United States and reuniting owners with their funds, can estimate the total quantity of unclaimed property in the country. It is currently valued at $42 billion.
While Wisconsin’s search features do not allow you to refine your search by city or address, it does include that information in the results it returns to you. As a result, you may look for cities or addresses and holders in the results.
Once you receive the list of results, scan it to see if there are any properties you own. One useful suggestion is to look for all of your addresses, not just your last known address, because the last known address a holder has for you may not be your actual final address.
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!
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