(Part 2 of 2)

The IL State Treasury has given back more than 432 million dollars since it took over the unclaimed property 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 all the time, the heap of cash will continue to grow.

Because money is always being added to the fund, it is important to check regularly, not just once. Money owed to you could be added tomorrow, or next week, or next month, or depending on the type of asset in five years if that's the proper dormancy period. Each kind of asset has its own dormancy period within each state, after which state laws make the holder turn it over to the state who will then hold on to it until the true owner steps forward to claim it.

Further, residents of IL may be owed unclaimed property in other states even if they've never resided in or even been to them. Things like insurance overpayments when an employer uses an out of state insurance company can result in found money located in other states. Also, issues often come up corporations' headquarters are in another state.

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

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Online News Poll – WTAP
If youre one of the 4,900 West Virginians who did not file a tax return in 2005, then you may qualify for some extra money. According to the IRS the people of West Virginia, who did not file a return in 2005 are owed nearly 4 million dollars. Many …

Deadline Approaches for Unclaimed Refunds (Brigham Young NewsNet)
With difficult economic times on the rise, every penny hidden in the cracks becomes helpful.

10 States With Most Unclaimed Refunds – Walletpop.com
Taxpayers can still get their old refund checks, which the IRS says could amount to around $800 for some folks. But the claim, via a 2005 Form 1040, must be made by April 15. After that, the federally allowed three-year window of opportunity from the …

¥40 million found a month ago at Buddhist statue still unclaimed (The Japan Times)
WAKAYAMA (Kyodo) A month has passed since around ¥40 million was found at an Enmei Jizo statue here, but the owner has not stepped forward to claim it. The money, found Feb. 20 by a 72-year-old member of the Enmei Jizo Preservation Association, will be donated to the Buddhist association if the owner does not show up within the next two months. Read the full story