Everyone is looking for a little extra money around the holiday season which makes it a good time to check for unclaimed property.
The Michigan Department of Treasury holds on to unclaimed money turned over from banks and companies for various reasons. Money belongs to the state until the rightful owner comes forward.
To see if you have unclaimed property, visit https://unclaimedproperty.michigan.gov/ and search the online database with your last name or business name. Funds from uncashed checks, dormant bank accounts, or stock certificates could be waiting for your claim.
If you see your name on the list, you can file a claim to receive your property. Claims are filled out online and involve submitting personal information like your address, email, and social security number. Once that information is submitted, you will digitally sign a form recognizing that other identifying information may be needed and a verification process will be completed.
If the department verifies that you are the rightful owner of the unclaimed property, you will receive a check in the mail or receive instructions for how to claim physical property such as contents of a safe deposit box.
Reporting for WGRT – Jessie Wiegand
