(Part 2 of 2)

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

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 turn it over to the state who will then hold on to it until the rightful owner steps forward to claim it.

Additionally, residents of IL might be owed unclaimed property in other states even if they have never resided in or even set foot in them. Items like insurance overpayments when an employer utilizes an out of state insurance company can cause found money to wind up in other states. Issues often also come up corporations are incorporated in another state.

The bottom line is that the state of IL is currently home to a massive amount of cash that is owed to its residents who simply need to learn the proper ways to search, how often to search, and where 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.

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Wyoming State Treasurer wants residents to claim property
Some of that

Unclaimed Money in Stocks: How to Track it Down
This week, I'm answering questions from readers, because there's an unclaimed money question that keeps coming up again and again. That tells me there's a need, so here goes. Here are two samples of the questions I've gotten:

REGION: County lays claim to unclaimed money
RIVERSIDE —- Riverside County officials moved Tuesday to deposit $1 million in unclaimed property tax refunds and $350,000 in other unclaimed money into the government's general fund.

Indiana Unclaimed Items Up For Auction
Indiana is holding millions of dollars in unclaimed money and items, and some of it will be sold at auction online.

Unclaimed cash can be windfall for towns
They are the state’s financial orphans — roughly $2 billion in unclaimed assets ranging from forgotten savings accounts and uncashed checks to forlorn safety deposit boxes.