| « More on Texas Comptroller's Office | The fight over $16 Billion Dollars » |
Wondering what you can do for Christmas? You could get your picture taken with Santa or you could find a box under the Christmas tree filled with money.
Edward Palonek from Found Money says, “Texas residents may own part of a $2 billion treasure trove. That’s the estimated value of unclaimed property — including overpayments, co-op dividends, abandoned bank accounts, royalties and the contents of safe-deposit boxes held for Texans.”
Banks and companies make every effort to unite these assets with their rightful owners, but if they cannot after a one to five year period, the assets are turned over
in unclaimed money that remain to be claimed. Some of this money is in the form of dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings. Unclaimed Property also includes tangible property such as jewelry, coins, currency, stamps, historical items and other miscellaneous articles, from safe deposit boxes.
“With just 71,220 families in Tampa, the chances of finding money are pretty good”, says Palonek. It appears that half of these families could have some unclaimed money. This works out to be roughly a $368 per family. Some Tampa residents have more money then others.
Mr Palonek, founder of FoundMoney.com, helps to reunite people with their lost or forgotten money and was the first to create a national database. Foundmoney, a company started in 1994, specializes in unclaimed money and has reunited thousands of people with their lost and forgotten money.
To search for your name visit foundmoney.com’s website and you could find that unexpected gift full of cash.
Contact
Foundmoney at www.foundmoney.com
Comments are closed for this post.