Monday, October 10, 2011

Mini Escheat Departments at Lower Government Levels

Most unclaimed property professionals are aware that every state keeps a list of unclaimed property so that owners can claim their funds.  What is less well known is that certain other government entities (e.g., counties, cities, etc.) do likewise.  Generally, the items held by these agencies are (no surprise) money held by these agencies for the benefit of others.  For example, Orange County, California lists on its website, unclaimed estate and landlord sale proceeds held for the benefit of rightful owners.  The same with Milwaukee County, Wisconsin, San Diego County, California, Cuyahoga County, Ohio and hundreds of others.  So, if you are trying to undertake a comprehensive search for missing money, don't let your searches stop at the state.

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