(Part 2 of 2)

The Illinois State Treasury has returned over $432 million since it took control of the unclaimed funds program in 1999, $84 million of which was given back in 2006 alone, but with $1.4 Billion waiting to be claimed and more coming in all the time, the pile of cash will continue to grow.

Due to the fact that money is constantly added to the fund, it's very important to search regularly, not just once. Money belonging to you might be added tomorrow, or next week, or next month, or depending on the type of property in five years if that's the proper dormancy period. Each type of asset has its own dormancy period in each state, after which state laws make the holder hand it over to the state who will then hold it until the true owner steps forward to claim it.

Additionally, residents of Illinois might be owed unclaimed funds in other states even if they've never resided in or even passed through them. Things like insurance overpayments when an employer uses an out of state insurance company can result in found money located in other states. Issues often also arise when corporations are incorporated in another state.

The bottom line is that the state of Illinois is currently holding a massive amount of money that belongs to its residents who simply need to learn the right ways to search, where to search, and how often to search. Learning these search methods from locators with years of experience in this field can give you a boost in your abilities to locate your money.

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$13b in 'lost' superannuation accounts (ABC via Yahoo!7 News)
The Federal Government says there is an extraordinary amount of money in unclaimed superannuation.

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