(Part 2 of 2)

Aside from the fact that the dormancy period has to go by before there can be any sort of online record of your cash, there's also the matter of when NV updates their unclaimed funds databases. Records are not updated on a daily basis, so you can't be confident in your search results if you look and do not track anything down one day, and the state just happens to not add a record of your assets until the following day, week, month, or year. For this reason, rule #1 of locating missing money is to search frequently.

Additionally not all property owed to Nevadans is in the state of NV. Some people may have resided in other states before moving to NV, while others have dealt with out of state entities, even if they weren't aware of it. For example, many large companies have locations and/or offices in numerous different states, but they're headquartered in just one state. The same can be said of insurance companies. So even if a company has locations in twenty states, including NV, if the company they use for insurance benefits for employees is located in some other state, NV would never have a record of that cash.

Beyond the issues raised above, there are numerous other problems that people commonly run in to when looking for unclaimed funds in NV, which makes it all the more imperative that you get expert advice in tracking down your money.

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This week, I'm answering questions from readers, because there's an

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Mass. treasurer says
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