Time to Check for Unclaimed Property

If you don’t have money coming from Washington’s unclaimed property, you may have it coming from other states where you once lived. That includes Peggy Hagerman of Seattle, who just discovered she has $3,800 in unclaimed cash in California. She went to www.unclaimed.org, a link to other states’ unclaimed property programs that she learned about through Washington’s site.

Hagerman said the funds were in a bank account that her late mother had administered for the estate of an aunt.  “I had no idea any funds were left, so that was pretty exciting,” she said. “We can use it!”

The Department even contacts individuals with large amounts of unclaimed money.  Take Larry Miles of Bellevue, who learned from the Department’s finder, Frank Marshall, that he had $16,000 due from the cash value of a life insurance policy.

“It was a little bit of a windfall that I was unaware of,” Miles said.  “Had he not made the outreach, I certainly would not have known it was out there.”