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How long does the state of California hold unclaimed property?

Unclaimed property is generally defined as any financial asset left inactive by its owner for a period of time, typically three years. California unclaimed property law does not include real estate.

How does California unclaimed property work?

California's Unclaimed Property Law requires the State Controller to sell the contents of safe deposit boxes if the contents appear to have monetary value; all other safe deposit box contents (e.g., wills, statements, letters, deeds) are destroyed. Proceeds from the sale are used to satisfy any bank liens.

What do you need to claim unclaimed property in California?

To electronically claim property, an owner must complete a secure form online (including name, social security number, birthdate, and address). Some more complicated claims may require additional proof of ownership.

How do I file a claim for surplus in California?

Trustees forward surplus funds to the state's unclaimed property division if they're not able to contact the prior homeowner(s). Californians may inquire about unclaimed surplus funds with the California State Controller at 1 (800) 992-4647. Remember: prior homeowners are notified of possible surplus funds via mail.

How long does the state of California keep unclaimed property?

Unclaimed property is generally defined as any financial asset left inactive by its owner for a period of time, typically three years. California unclaimed property law does not include real estate.

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Is the Missing Money website legit?

It is the only unclaimed property site endorsed by the National Association of Unclaimed Property Administrators (NAUPA) . MissingMoney.com started in 1999 as a way to help state governments gather and track lost property such as uncashed paychecks, stocks and bonds, and safe deposit box contents.

Do I have unclaimed money in WV?

To conduct a name search over the phone or for other unclaimed property assistance, call our toll free hotline at: 1.800. 642.8687 or email Eclaims_Support@wvsto.com. To search for unclaimed property in other states visit www.missingmoney.com.

What happens to unclaimed money in California?

California's Unclaimed Property Law requires banks, insurance companies, corporations, and certain other entities to report and submit their customers' property to the State Controller's Office when there has been no activity for a period of time (generally three years).

How do I know if I have unclaimed money in California?

Owners can search and claim their property for free but will need to verify their ownership. People can call 800-992-4647 with questions. People can also call the same number if they think the state has their property but they can't see it listed on the website.

How long does the state of California hold unclaimed property?

Unclaimed property is generally defined as any financial asset left inactive by its owner for a period of time, typically three years. California unclaimed property law does not include real estate.

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