Unclaimed Property is any financial asset that has been left inactive by the owner for over three years. This can happen when unexpected refunds or credits are applied to accounts which have closed.
Many people are unaware they have unclaimed property. Life changes, such as moving and leaving no forwarding address, a name change or when people who had joint accounts divorce or separate. Most people never receive notices that these funds exist because they have moved or the notices get lost in the mail.
When an owner cannot be located by the holder of the unclaimed property, the holder of these assets sends this money to the State where the owner had the account. The State holds these funds until the owner claims it.
Many people are unaware they have unclaimed property. Due to life changes such as moving and leaving no forwarding address or a name change, many people never received notices that these funds exist.
If an owner passes away, the heir of the owner can claim the funds.
The money is safeguarded by the State as long as it takes until the money is claimed.
We can search if you have unclaimed property by emailing us your first and last name and the cities and states you have lived. There is no charge for this search. We encourage you to send us names of family and friends too.
The most common types of Unclaimed Property are:
- Bank accounts and safe deposit box contents
- Stocks, mutual funds, bonds, and dividends
- Uncashed cashier’s checks and money orders
- Certificates of deposit
- Matured or terminated insurance policies
- Mineral interests and royalty payments
- Trust funds and escrow account
If we find you have unclaimed property, our fee donation is only 10% of claim amount. This can be paid via Paypal. Just click on the donate button under our section, How it works.
We are happy to reunite owners with their lost property and at the same time help the State of California in making these Unclaimed Connections.
Even if you think you may not have any unclaimed property, chances are that you or someone you know could have money waiting to be claimed.
Click on the button below to learn more about Unclaimed Property