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What
is it?
It is sometimes referred to as abandoned, refers to accounts
in Florida financial institutions and companies that have had no activity
generated or contact with the owner for one year or a longer
period.
Common forms of unclaimed property include:
• savings or checking accounts
• stocks, uncashed dividends or payroll checks
• refunds, traveler’s checks, trust distributions
• unredeemed money orders or gift certificates
• insurance payments and life insurance policies
• annuities, certificates of deposit
• customer overpayments,
• utility security deposits
• mineral royalty payments
• contents of safe deposit boxes
Currently, the Chief Financial Officer holds unclaimed property accounts valued at more than $1 billion, mostly from dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings.
In addition to money and securities, unclaimed property includes tangible property such as watches, jewelry, coins, currency, stamps, historical items and other miscellaneous articles from abandoned safe deposit boxes.
Unclaimed money is deposited into the state school fund, where it is used for public education. There is, however, no statute of limitations, and citizens have the right to claim their property any time at no cost.
To find out if the Bureau is holding unclaimed property that belongs to you, click the “Search for Unclaimed Assets and Property”.
How Long Does it Take to Get my Money?
The Department is allotted up to 90 days from the date it receives your complete claim package to make a determination. Claims are often processed sooner, but due to the high volume of claims received by the department, the full 90-day period may be required to finalize your claim. Please allow this time period to pass before calling our office. The period may be extended if all of the required documentation is not included with the original claim package. Please read your claim form carefully to ensure you provide all of the necessary documentation. Failure to return your claim form completely filled-out, along with all of the required documentation, will result in the missing information being requested, and the delay of processing your claim.
• What should I do if I am contacted by a private investigator/locator regarding unclaimed property or missing funds?
Claiming your unclaimed property from the state can be done on your own, free of charge. Before signing any contract, go to www.fltreasurehunt.org to search for unclaimed property and to print or order a claim form.
• I have received my claim form, what do I do now?
Read carefully, fill out completely and sign your claim form . Each claim form will detail the documentation you are required to provide. The required documentation will include (but may not be limited to) a copy of your current identification reflecting your current mailing address and documentation proving your ownership of the account. Please refer to your claim form for the specific documentation required for your particular claim. Mail the completed claim form with the required documentation to to the address indicated on the form.
• What if the Original Owner of the Property is Deceased?
Proof of ownership (detailed above) must still be established with documentation (as detailed on your claim form). In addition, you must provide a certified death certificate for the owner, along with identification and signed claim forms for all heirs of the owner (or for the personal representative if the estate remains open). Additional documentation may be required depending on the specific case. Please review the Florida Administrative Code section 69I-20.0022 (paragraph 3) for more information.
Bureau of
Unclaimed Property
Phone: (850)-413-5555
Toll Free (FL): 1-888-258-2253
Email: funclaim@fldfs.com
www.fltreasurehunt.org
lforida, forida, flordia nuclaimed asets, uncaimed, uncalimed, unclamied, unclamed
Read:
• Billions
in Unclaimed Money owed to Americans
| Other
Finance categories: |
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