$88 Million Up for Grabs in Arizona: Find Out if You Have Unclaimed Cash
Published on Aug 28, 2024
2mins Read
2mins Read Aug 28, 2024
Arizona has been busy returning unclaimed money to its residents, with $88 million distributed to rightful owners this year alone.
But the big question is: Could some of that money be yours?
Read: The State By State Guide to Unclaimed Assets
Many people don’t even realize they have unclaimed assets waiting to be claimed. Here’s what you need to know to find out if you’re one of them.
What Is Unclaimed Property?
Unclaimed property refers to financial assets that have been abandoned by the owner for some time.
These can include bank accounts, uncashed checks, stocks, bonds, and even the contents of safe deposit boxes.
When the rightful owner doesn’t claim these assets within a specific period, they are handed over to the state.
For more information on how unclaimed property works, you can visit the National Association of Unclaimed Property Administrators (NAUPA).
How to Check if You Have Unclaimed Property
Checking for unclaimed property in Arizona is a straightforward process.
The Arizona Department of Revenue has made it easy for residents to search for and claim their lost assets through their unclaimed property website.
Simply enter your name or the name of a relative, and the system will show if you have any unclaimed assets.
If you’re from another state, you can search for unclaimed property using the Missing Money database, a national database of unclaimed property records.
Claiming Your Money from Other States
If you’ve lived in multiple states, you might have unclaimed property in more than one place.
To ensure you don’t miss any of your money, it’s a good idea to search all the states you’ve lived in.
Each state has its unclaimed property website:
The Importance of Claiming Your Money
Leaving unclaimed money untouched can lead to complications, especially if it’s tied to other financial accounts.
By claiming your money, you ensure that it’s rightfully yours and have the opportunity to use it for savings, investments, or paying down debts. Plus, it’s always a good idea to keep your financial records up to date.
For tips on managing your finances, check out MyMoney.gov.
Don’t Miss Out on Your Share
If you haven’t checked for unclaimed property in a while, now is the perfect time to do so.
With millions of dollars still waiting to be claimed, there’s a chance that you could be one of the lucky recipients.
Visit the Arizona Department of Revenue’s Unclaimed Property page today and see if you have money waiting for you.
If you’re interested in searching for unclaimed property nationwide, Unclaimed.org is a helpful resource.
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