We don’t want to think about it, but what happens to funds that belong to you but are unclaimed after you’re gone? Maybe you missed the opportunity to discover and recover these funds; if they are substantial, they could be life-changing for your heirs.  Let’s look at what happens to missing funds after you’re gone and how your heirs may recover them.  What Are Unclaimed Funds?  Throughout the course of our lives, we undertake numerous financial transactions, and many might involve refunds or payouts that are missed or don’t make it to us. The funds might not be received due to an address change, or we might forget to cash

According to one recent study, there are more than $70 billion in unclaimed assets in the United States right now. It has been estimated that about one out of every seven people have some type of property that is being held by a state.  Make no mistake: this is not some wild fantasy. People successfully reclaim those missing funds every day and there are a wide range of different success stories out there that go a long way towards proving it.  Lost and Found: Reclaiming Forgotten Funds  One of the biggest heartwarming stories that people typically have when reclaiming unclaimed wealth comes down to fixing a mistake from the past. 

Unless you’re among the megarich, finding out you have unexpected money coming back to you is truly exciting. Whether it is enough for some snacks at the convenience store or a night on the town, the unexpected benefits are just fantastic.  There’s an excellent chance that your night out on the town is sitting out there waiting to be found. It’s not uncommon for deposits to go unreturned or inheritable assets to be forgotten, meaning organizations could owe you unexpected refunds. Unexpected money is terrific, so let’s look at what unclaimed funds are and five surprising sources of missing money.  What Are Unclaimed Funds?  You might pay a deposit for

According to one recent study, it’s been estimated that about one out of every seven people have some type of unclaimed property being held by a state. The average value of each account is just over $2,000. If you needed just a few statistics to illustrate just how common forgotten property and similar funds in particular are, let it be those.  Yet at the same time, the chasm between “knowing that you have misplaced funds” and “successfully claiming those funds that belong to you” can be a deep one, indeed. There are an unfortunate number of common hurdles that people sometimes face when going through this process and the key