Treasurer Steven Grossman announced on February 28 the release of the latest tally of names that have been added during the last six months to the state’s list of unclaimed property owners. Over 45,000 new properties in excess of $100 million combined are owed to individuals and businesses in the Commonwealth.
“While this list is extensive, it only represents properties collected by Treasury in the last six months,” said Grossman. “There are literally hundreds of thousands of people who are not on this list but who can lay rightful claim to the over $2.4 billion that we have on hand. Checking to see if you have unclaimed property with Treasury only takes minutes, and an estimated one in ten people will be pleasantly surprised.”
Grossman urged citizens to check the comprehensive list at www.findmassmoney.com or to call 888-344-MASS (6277), noting that one in ten people in Massachusetts has unclaimed property in their name.
Unclaimed property includes forgotten savings and checking accounts, un-cashed checks, insurance policy proceeds, stocks, dividends, and contents of unattended safe deposit boxes. Most accounts are considered “abandoned” and turned over to the Treasury after three years with no activity.
UPTON DAILY 