Missouri’s Unclaimed Property: Is Some of it Yours?
![Missouri’s Unclaimed Property: Is Some of it Yours?](/image/r?src=storage/media/uploads/Missouri.jpg&w=825&h=280&zc=1)
Did you know that Missouri holds over $1 billion in unclaimed property? This staggering figure includes dormant bank accounts, forgotten utility deposits, uncashed checks, and more.
According to the Missouri State Treasurer's office, one in ten Missourians has unclaimed property waiting for them.
This means you or someone you know could be entitled to a portion of this substantial amount.
How Does Property Become Unclaimed?
Unclaimed property ends up with the state when the rightful owners cannot be located.
This can happen for various reasons, such as people moving without updating their addresses, forgetting about old bank accounts, or even passing away without informing their heirs about certain assets.
Financial institutions and other entities are required to turn over these assets to the state after a period of inactivity, typically five years.
The Role of the Missouri State Treasurer
The Missouri State Treasurer is responsible for safeguarding unclaimed property and making efforts to reunite it with its rightful owners.
The Treasurer's office maintains a searchable online database where residents can check if they have any unclaimed property.
Over the years, the Treasurer's office has returned millions of dollars to thousands of Missouri residents, helping them recover funds they may have never known about.
Read: Discover Your Hidden Treasure: Reclaiming Lost Funds In California
Government Benefits and Unclaimed Property
In addition to unclaimed property, Missouri residents can also benefit from various government programs.
For instance, the Missouri Property Tax Credit Claim allows eligible senior citizens and 100% disabled individuals to apply for a credit based on the amount of real estate taxes or rent they have paid.
Another benefit is the Missouri State Assistance for Housing Relief (SAFHR), which provides rent and utility assistance to residents facing financial hardships due to the pandemic.
How to Claim Your Property
Claiming your unclaimed property in Missouri is a straightforward process. You can start by visiting the Missouri State Treasurer's website and using their online search tool.
If you find a property that belongs to you, you’ll need to provide proof of ownership, such as identification and documentation related to the asset.
Once your claim is verified, the Treasurer’s office will return your property to you, free of charge.
Don't Miss Out
With over $1 billion in unclaimed property, it’s worth checking if any of it belongs to you.
Whether it’s a forgotten bank account, an old utility deposit, or an uncashed check, these funds could make a significant difference.
Taking advantage of other state-provided benefits can further enhance your financial well-being.
Don’t let this opportunity slip away—check today and see if the Missouri State Treasurer is holding unclaimed property for you.
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