State says it’s time to ‘Claim Your Cash’
April 20, 2014
NEW — 6 a.m. April 20, 2014
More than 3 million people have unclaimed money and assets held in trust by the Washington State Department of Revenue.
Check here to see if you have a share of the nearly $1 billion in property waiting to be claimed.
“Even if you’ve checked the website or made a claim in the past, everyone should visit the website at least once a year,” Department of Revenue Director Carol K. Nelson said in a news release. “The list of names and money we receive grows each year.”
Assets are held until the rightful owner files a claim.
Unclaimed property typically includes uncashed paychecks, utility deposits, bank accounts, stocks and bonds, refunds, life insurance proceeds and safe deposit box contents. Usually, assets have gone untouched by the owner for three or more years. The holding company is required to report them to the state where the owner last resided.
Between July 1, 2012, and June 30, 2013, the Department of Revenue returned more than $68 million to 170,800 people.
During that time, 858,000 names and $140 million were added to the unclaimed property database.