By Bob Katzen
State Treasurer Deb Goldberg unveiled the latest list of unclaimed property owners. More than 45,000 new properties were added to the current list of properties owed individuals and businesses across the state. Most accounts are considered abandoned and are turned over to the state after three years of inactivity. Last year, the state processed over 123,000 claims and returned more than $125 million in property to its owners.
Unclaimed property includes abandoned savings, money market and checking accounts, uncashed checks, insurance policy proceeds, stocks, dividends and the contents of unattended safe deposit boxes. “We currently hold over $3.4 billion in unclaimed property at Treasury and it could be yours,” said Goldberg. “One in ten Massachusetts residents are owed money.”
This newly released list includes only individuals and businesses with unclaimed property over $100. Goldberg urged all citizens to check the list at www.findmassmoney.com or call 888-344-MASS (6277).