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Michigan unclaimed property form

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The document is a form issued by the Michigan Department of Treasury for individuals to inquire about unclaimed property. It includes sections for claimant and property owner information, former addresses, details regarding deceased property owners, and a certification statement. The form requires supporting documentation based on the relationship to the property owner and specific circumstances, such as death or business ownership. Instructions for completing the form and submitting it are provided, along with a note that processing may take up to 120 days.

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How many approvals are needed for unclaimed property in Michigan?

Some claims may require as many as five approvals. Please check back for additional updates on your claim. If an e-mail address was provided on your claim, an e-mail will be sent to you once your claim is paid.

How can I find out if I have unclaimed money in Michigan?

To find out if you have cash or property, go directly to the Michigans Unclaimed Property website, which provides enhanced search options and the ability to upload verifying documentation easily and securely.

What is the most common unclaimed property?

The most common types of unclaimed property are: Bank accounts and safe deposit box contents. Stocks, mutual funds, bonds, and dividends. Uncashed cashiers checks and money orders. Certificates of deposit. Matured or terminated insurance policies. Estates. Mineral interests and royalty payments.

Is unclaimed property a trap?

0:10 1:15 Them unclaimed property laws vary by state but most require businesses to report abandoned assets toMoreThem unclaimed property laws vary by state but most require businesses to report abandoned assets to the state. The state then tries to locate the owner.

How do I get unclaimed property in Michigan?

Individuals are encouraged to search their name, a maiden name, or the name of a business or nonprofit. There is never a charge to search for and claim property. Claimants may also call 517-636-5320 between 9 a.m. and 2 p.m., Monday through Friday.

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What are the requirements for unclaimed property in Michigan?

Holders have a legal obligation to contact the owners of unclaimed property no less than 60 days and no more than 365 days before it is turned over to the State. Due diligence is required when the holder possesses the last known valid address of the property owner and the value of the property is over $50.

How do I get a list of unclaimed property?

.unclaimed.org is the website of the National Association of Unclaimed Property Administrators. This is a legitimate site created by state officials to help people search for funds that may belong to you or your relatives. Searches are free.