Fast Facts About Unclaimed Property
Every U.S. state, District of Columbia, Puerto Rico, the U.S. Virgin Islands - and Quebec, British Columbia and Alberta in Canada have unclaimed property programs that actively and continuously find owners of lost and forgotten assets.
Unclaimed property laws have been around since at the 1930s, but have become much broader and more enforced in the last 25 years. Unclaimed property is one of the original consumer protection programs.
2.5 million claims totaling $2.25 billion returned to rightful owners in FY2011 as a result of state unclaimed property program efforts. Amount of average claim, $892
$41.7 billion waiting to be returned by state unclaimed property programs.
Claims can be made into perpetuity in most cases - even by heirs.