Approximately 7.9 million people in Florida, United States, have property waiting to be claimed. This occurs in a context where there is almost $3 billion unclaimed dollars.
According to a Miami Herald report, the average payment per Floridian is $875.00 USD, although not all residents can claim a payment.
We are talking about unclaimed property being money that people have not collected or have forgotten within their state.
Such property may be tax refunds, stimulus checks, uncollected insurance proceeds, or closed or forgotten bank accounts with funds inside.
But unclaimed property can also include valuables, such as watches, jewelry, coins, banknotes, stamps, or historical items.
In this regard, the Department of Financial Services periodically conducts auctions of unclaimed properties.
For this reason, the Unclaimed Property Division also auctions off the contents of abandoned safe deposit boxes.
But, returning to the topic of unclaimed assets, Florida Statute 717 raises an important issue. These must be in the hands of commercial or government entities generally for five years.
In the event that the owner is unable to locate or reestablish contact with the owner and return the asset, this will be reported. It will then be forwarded to the Florida Department of Financial Services, Unclaimed Property Division.
But, if you have unclaimed money, how do you request it?
The first thing is to go to the Florida Division of Unclaimed Property website at . To do the search, you must write your name, the name of the company or the person you want to find.
Additionally, heirs of the estate may file a claim for a deceased person’s property. On the other hand, if you have any pending property, the name will appear along with the item or the amount you should receive.
The results that match the personal data can also be added to a virtual cart and when finished, the request must be concluded.
After this, the most common thing is that people receive several instructions to then file a claim. It is important that you follow them all, exhaustively so that you do not have problems with the claim.