Treasurer Goldberg Announces Latest Release of Unclaimed Property Listings
From the office of State Treasurer Deborah B. Goldberg: Over 50,000 Names Added to Unclaimed Property List since August.
Massachusetts State Treasurer Deborah B. Goldberg has announced the latest grouping of names added to the state’s list of unclaimed property owners. Over 50,000 new properties worth millions of dollars are owed to individuals, businesses, and nonprofits. This newly released list includes only individuals and businesses with unclaimed property over $100.
“There is $3.4 billion in unclaimed property here in Massachusetts, and some of it could belong to you,” said State Treasurer Deborah B. Goldberg. “So check the list, go online, or call our office to begin the process. Even if you have checked before, check again because we are always adding new names and you never know!”
Unclaimed property includes forgotten savings and checking accounts, un-cashed checks, insurance policy proceeds, stocks, dividends, and the contents of unattended safe deposit boxes. Most accounts are considered abandoned and are turned over to the state after three years of inactivity. Last year, Treasury processed over 118,000 claims and returned $237 million in property to its rightful owners.
Treasurer Goldberg urges all citizens to check www.findmassmoney.gov for a complete list of over 10 million properties or call our live call center at 1-888-344-MASS (6277).
The full list of the new individuals, businesses, and nonprofits added to the unclaimed property list will be published in the Boston Globe on March 1st and in the Boston Herald on March 8th . In addition, the list of names will be published in regional and local papers in following weeks.
The Treasury releases an updated list of unclaimed property assets every six months as the new accounts are turned over to the Commonwealth. There is no time limit for a person to claim this property and, in many cases, claimants will receive interest.
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