Whether you grew up in Alabama or have moved to the state more recently, you know how much fun it is to live here. You appreciate the warm and wonderful weather, the smiling faces, the diversity and the growing economy in equal turns.
In fact the only thing that could make your life in Alabama better would be if you had a few extra dollars in your wallet. Well if you have ever opened a bank account, held an insurance policy or had some older relatives, you just might be due for an unexpected payday.
Alabama is holding over $5 Billion in Unclaimed money
Like other states, the state of Alabama maintains an exhaustive database of unclaimed property, all just waiting to be claimed. If you want to grab your share of the loot, here are the steps you need to take.
Steps To Claim Your Alabama Lost Property
1.Start your search for unclaimed assets and missing money at the website the state of Alabama maintains for just that purpose. That website is treasury.alabama.gov.
2.Click on the Unclaimed Property tab on the main treasurer web page. This will take you to the unclaimed property section where you can complete a search form and stake your claim.
3.Enter your full name in the first box if you are conducting a search for personal property. If you are looking for a property that may belong to your business, substitute the name of the business for your own name.
4.Enter the city name to narrow the search down and make the results more accurate. Click the Search button to begin the query.
5.Review the list of results carefully, making sure to read each line. You do not want to miss out on any money you have coming your way.
6.Complete the claim form if you spot assets or cash that may be yours. Review the claim form carefully to see what kinds of documentation you will need to prove your ownership and substantiate your claim.
7.Check back at the website for the status of your claim. It can take some time for claims to process, so be patient.
8.Enjoy your newfound money.
Steps To Claim Your Alabama Lost Property
There are a number of routes by which bank accounts, insurance proceeds and other assets find their way into the database. The cash held in a bank account might end up there if the bank was unable to contact a depositor after a move. Insurance proceeds could come into the database when the named beneficiary cannot be located. Inherited assets may take a similar route, ending up in the state database of unclaimed property and missing money.
No matter how they got there, the state of Alabama has a vested interest in reuniting its residents with their missing cash. If you want to stake your claim today, all it takes is a simple web search.
