Friday, October 2, 2009

DOR: Three Million State Residents May Have Unclaimed Property

In need of extra cash? The state is holding $700 million in unclaimed property - some of which may be yours. According to the Department of Revenue: "Three million current or former Washington residents have a stake in $700 million in unclaimed property being held by the Washington State Department of Revenue. You may be one of them . . . Unclaimed property includes items such as uncashed paychecks, rent and utility deposits, refunds, escrow funds, dormant bank accounts, stocks and bonds and even the contents of safe deposit boxes . . . Revenue Director Cindi Holmstrom said the odds of someone finding unclaimed property have grown steadily over the years, are now literally 50-50, as the Department continues its efforts to educate businesses on the legal requirements to turn over unclaimed property." Click here to see if the state is holding your unclaimed property.


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