(Part 2 of 2)

The IL State Treasury has returned over $432 million since it took over the unclaimed funds program in 1999, $84 million of which was given back in 2006 alone, but with 1.4 Billion dollars waiting to be claimed and more coming in every year, the pile of cash will keep on growing.

Because money is constantly added to the fund, it is important to search regularly, not just one time. Money owed to you could 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 property has its own dormancy period within each state, after which state laws make the holder hand it over to the state who will then hold it until the rightful owner steps forward to claim it.

Additionally, residents of IL might be owed unclaimed funds in other states even if they have never resided in or even set foot in them. Things like insurance overpayments when an employer uses an out of state insurance company can cause found money to wind up in other states. Also, issues often arise when corporations are incorporated in another state.

The bottom line is that the state of IL is currently home to a large amount of cash that is owed to its residents who just need to learn the correct ways to search, where to search, and how often to search. Learning these search tips from experienced funds locators in this field can give you a boost in your abilities to find your money.

–

$140m worth of dividends unclaimed – Sydney Morning Herald

$140m worth of dividends unclaimed Sydney Morning Herald, Australia - 9 hours ago The money – an average of almost $1000 per shareholder – is turned over to the Office of State Revenue (OSR) after six years if it cannot be passed on to … Dividends and shares forgotten by investors Melbourne Herald Sun Investors missing dividends from shares Sky News Australia all 16 news articles

More than $8.7M in unclaimed property in Wabash Valley – Terre Haute Tribune Star

More than $8.7M in unclaimed property in Wabash Valley Terre Haute Tribune Star, IN - Dec 29, 2008 By Deb Kelly TERRE HAUTE — Indiana Attorney General Steve Carter made a stop in Terre Haute on Monday to remind Hoosiers they may have unclaimed money to be … Finding unclaimed property rightful home Evansville Courier & Press Carter reminds residents to check for unclaimed assets Journal and Courier Unclaimed Assets in Indiana WTVW WLFI.com all 16 news articles

Can a timber surprise build profit? (BBC News)
Tonnes of timber from cargo ship Sinegorsk is expected to wash ashore in England but it may not be a case of finders-keepers.

‘Come and get the money – Gaston Gazette

‘Come and get the money Gaston Gazette, NC - 1 hour ago Last year, somewhere between $3 million to $4 million in tax returns went unclaimed in Gaston County, according to the IRS. That's a lot of money that could …

$28 million in unclaimed property claimed in '08 – Chicago Tribune

$28 million in unclaimed property claimed in '08 Chicago Tribune, United States - Dec 30, 2008 Under state law, after one to five years of inactivity, businesses must turn unclaimed money, stock and safe deposit boxes to the state treasurer's office … Missing Money? State Holding Millions in Unclaimed Property WSAW Unclaimed property returned in record amounts Capital Times all 22 news articles