(Part 2 of 2) The most common types of unclaimed funds are as follows in NV: Stocks, Checking/Savings Accounts, Death Benefits, Vendor Checks, Over-Payments, Money Orders, Uncashed Checks, Credit Balances, Certificates of Deposits, Unpaid Wages, Paid-in-full Life Insurance, Dividends, Refunds, Insurance Payments, Commissions, Customer Deposits, Gift Certificates. (...)" />

January 19, 2012

Locating NV Unclaimed Assets – Part 2 of 2

(Part 2 of 2)

The most common types of unclaimed funds are as follows in NV: Stocks, Checking/Savings Accounts, Death Benefits, Vendor Checks, Over-Payments, Money Orders, Uncashed Checks, Credit Balances, Certificates of Deposits, Unpaid Wages, Paid-in-full Life Insurance, Dividends, Refunds, Insurance Payments, Commissions, Customer Deposits, Gift Certificates. If you or anyone you know has ever held one of these, you should learn the proper way to track down forgotten funds.

Each of the different types of unclaimed cash sources listed above has its own individual dormancy period. This is the amount of time that must pass before the abandoned property is considered "unclaimed" and turned over to the state treasury. Depending on the type of fund, the dormancy period may be anywhere from 1 to 15 years. The reason this is important to know is because normal internet searches won't show a record unless the dormancy period has gone by, and the state treasury has taken hold of your cash.

Aside from the fact that the dormancy period must pass before there will be any kind of online record of your cash, there is also the issue of how often NV updates their unclaimed funds listing. Records aren't updated on a daily basis, so you can't be confident in your search if you look and do not track anything down one day, and the state just happens to not add your record until the next day, week, month, or even year. For this reason, rule #1 of tracking down missing money is to search frequently.

Additionally not all assets owed to Nevadans is in the state of NV. Many people have lived in other states before relocating to NV, while others may have had dealings with out of state corporations, even if they weren't aware of it. For example, many companies have locations in multiple different states, but they are headquartered in just one particular state. The same goes for insurance carriers. So even if a particular company has locations in twenty states, including NV, if the company they use for employee insurance benefits is headquartered in some other state, NV wouldn't ever have a listing for that cash.

In addition to the issues raised above, there are countless other problems that people commonly run in to when trying to track down unclaimed funds in NV, which is why it is all the more imperative that you get expert advice in locating your money.

Spare change left at airport checkpoints
Unclaimed money, typically consisting of loose coins passengers take out of their pockets, is turned into the TSA financial office.

Returned unclaimed funds growing
In its 30-year history, the Ohio Division of Unclaimed funds has reunited 838,000 claimants with $828 million of their money, officials said yesterday.

Rutherford coming to Clinton for Cash Dash
“I encourage area residents to come visit the Cash Dash event for assistance in locating their

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