Based on recent population statistics that means a staggering 578,000 people are owed unclaimed funds in Maine.
Some unclaimed funds checks are being paid out in small amounts, $50 -$100, but there are large claims up to and way exceeding $10,000+.
The largest single claim in Maine is $222,000 plus stock! Wouldn't you be happy to know that was owed to you!
Maine lost money can come from many places. It can be an old checking account or an old savings account you forgot about. It could be an inheritance you were unaware of. It could be life insurance payments, stocks, bonds or dividends... it could come from many places.
Laws require organizations to turn over abandoned funds after they have lain dormant for about 3 years.
Last year the state returned $10.4 million of Maine's unclaimed funds. This may seem like a lot except there was $25 in new unclaimed money added. On average Maine lost funds total is growing by about $15 MILLION per year!
Residents nationwide should search to see if they are owed Maine unclaimed funds and take their money out of Uncle Sam's piggy bank.
You can conduct a simple search, by name, to see if lost funds owed to you, your family or your friends. When you conduct an unclaimed funds search a database should be utilized that covers state and federal databases, like www.cashunclaimed.com website.
Remember when searching to check the names of your family and friends and see if they are owed money too!
To claim the funds you must provide proof of identification and sometimes proof of ownership of the lost funds, for example, if it is an inheritance.
It is smart to check for Maine unclaimed funds about 3 to 4 times per year. Deposits are made into the states unclaimed assets division constantly throughout the year.
Information on how to claim funds that are owed to you can be found on searchable database sites like www.cashunclaimed.com. The needed forms and information on the unclaimed money account are also provided.
If you are not owed unclaimed money from Maine you may be owed money from another state or federal base. Unclaimed funds nationwide total over $35 BILLION and are owed to MILLIONS of citizens nationwide!
Chances are you or someone in your immediate family is owed unclaimed funds, what are you going to do with the money you get?
About the Author
Cashunclaimed.com is the largest unclaimed money database, including all state and federal databases. The site offers more information on unclaimed money and free unclaimed money search at www.cashunclaimed.com. At this time WA Unclaimed funds checks take 1 to 8 weeks to process.
