Lots of Unclaimed Money in Washington State
Filed Under Blog, Portland, Vancouver · Tagged: Clark County, From the trenches, Washington Business
Finding any unclaimed funds can be exciting for someone especially when it’s unexpected and a surprise. Today,with the help of all the information that is available on the internet, many people are discovering that it can be exciting and very profitable to search for any funds or other assets that one may be entitled to.
For people searching for unclaimed cash in Washington State, they need to know that certain websites and state government agencies handle lost money, and the process for claims involves very specific steps that need to be followed.
Unclaimed inheritance is one of the most common forms of missing money. If a relative dies and leaves behind a life insurance policy, an unknown bank account, a final paycheck, or some other asset, then his or her heirs may not know about the unclaimed Washington State funds. The lost money must be reported by the company or bank, or agency holding it, and the amount is then transferred to the State of Washington and the Department of Revenue. There are, of course, other types of assets and funds that go unclaimed. A person can go to the State of Washington Website and search their records, by name, to see if they might be eligible to claim the funds or assets by going through a relatively simple process.
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