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  • Casual Articles - Will Unclaimed Money Trust Funds Disappear like Social Security?

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    the state is now proposing to spend this money to handle there own budget problems.

    States are passing bills allowing them to use the missing money funds. One suc

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    The government requires unclaimed money be turned over to state. Now they are passing bills to spend this money that may belong to you! Are they legalizing theft

    Unclaimed money accounts in the United States total over $25 BILLION dollars. The money ends up in these account do to the governments “escheat laws” requiring institutions such as banks to turn over funds from dormant bank accounts, uncashed checks, unused gift cards, etc. States are now passing bills to spend the money from these Unclaimed Property Trust Funds.

    These funds are owed to millions of Americans and instead of making any sizable effort to contact the rightful owners, the state is now proposing to spend this money to handle there own budget problems.

    States are passing bills allowing them to use the missing money funds. One such

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    Unclaimed money accounts in the United States total over $25 BILLION dollars. The money ends up in these account do to the governments “escheat laws” requiring institutions such as banks to turn over funds from dormant bank accounts, uncashed checks, unused gift cards, etc. States are now passing bills to spend the money from these Unclaimed Property Trust Funds.

    These funds are owed to millions of Americans and instead of making any sizable effort to contact the rightful owners, the state is now proposing to spend this money to handle there own budget problems.

    States are passing bills allowing them to use the missing money funds. One suc

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    nstitutions such as banks to turn over funds from dormant bank accounts, uncashed checks, unused gift cards, etc. States are now passing bills to spend the money from these Unclaimed Property Trust Funds.

    These funds are owed to millions of Americans and instead of making any sizable effort to contact the rightful owners, the state is now proposing to spend this money to handle there own budget problems.

    States are passing bills allowing them to use the missing money funds. One suc

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    these Unclaimed Property Trust Funds.

    These funds are owed to millions of Americans and instead of making any sizable effort to contact the rightful owners, the state is now proposing to spend this money to handle there own budget problems.

    States are passing bills allowing them to use the missing money funds. One suc

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    the state is now proposing to spend this money to handle there own budget problems.

    States are passing bills allowing them to use the missing money funds. One such case is a Bill was passed last year in Arkansas. The Bill was created impart to allow the State to transfer up to $15,000,000 of funds from the “Unclaimed Property Proceeds Trust Fund” to the States General Improvement Fund. The subtitle of this Bill states the funds are to be used “…to provide additional funds for the State budget”.

    Some states such as Indiana and Iowa require that 60% of the money from unused expired gift certificates be sent to the State and 40% remain for the retailer. George Delta, from the counsel to the Incentive Marketing As

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