National Unclaimed Property Day was Wednesday, and Kansas State Treasurer Steven Johnson marked the day by reminding Kansans to claim their unclaimed funds.
An estimated one in ten people nationwide have unclaimed property, with more than $500 million in unclaimed property in Kansas alone. Johnson says it's worth checking on a regular basis to see if you, your family, or your friends have funds available to claim.
The National Association of Unclaimed Property Administrators estimates that nearly 33 million people in the United States have unclaimed property, financial accounts, or items of value in which the owner has not initiated any activity for a number of years. When that happens, and the company cannot locate the owner, the money or properties are submitted to the state. Common examples include unpaid life insurance benefits, forgotten bank accounts, safe deposit boxes, and unused rebate cards.
Johnson reminds Kansans that it is always free to search and file claims through the State Treasurer’s website. That link is available here.