Unclaimed Property   Is it yours?

Forgotten assets like dormant bank accounts, uncashed checks, valuables left in safe deposit boxes or unclaimed stock certificates are turned over to the state as required by law.

The Michigan Department of Treasury is the custodian of these assets and reunites them with their owners — or the owners’ heirs — when they are rightfully claimed.

Might you have a forgotten asset?  Nationwide it is estimated that nearly 1 in every 10 people have a rightful claim to a forgotten asset.  To find out go to Michigan’s Unclaimed Property website.

Individuals are encouraged to search their name, or a maiden name. The search is free. Businesses, corporations, nonprofits, public entities, and other organizations are also encouraged to use the site. Instructions on how to prepare and submit a request are provided.

Michigan’s treasury department reports returning more than $500 million in property claims in the last five years. New unclaimed properties are turned into the state every day, so even if you’ve searched in the past you may want to go treasure hunting again.

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