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Georgia Unclaimed Property |
Georgia Unclaimed Property and Money are kept with the Georgia Department of Revenue until the rightful owners make claims or are found out. According to the law of Unclaimed Property in Georgia, all holders of abandoned properties or assets must report to the Department after they fail to locate the owners or legal heirs of such properties within a specified time period. This is done in order to provide a single source for the people of the state to look for their lost treasure.Unclaimed Property ReportingThe reporting of abandoned property is to be done along with the last known address of the owner. The report year for insurance companies is the calendar year while, for others, it is fiscal year. There also exists locators in the state of Georgia who offer help in finding GA Unclaimed Property for prospective owners for a fee. However, it may prove costly to hire the services of such people or companies.GA Unclaimed Property Search
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The most common method to make a search for Georgia Unclaimed Property is to make use of the search database of the Unclaimed Property Division of the Georgia Department of Revenue. The records are arranged in alphabetical order and against each record, last known address of the owner is given. However, you may have to use different combinations of your name in order to trace your lost or forgotten assets successfully.
Today, billions of dollars of hidden treasure is kept safely with the state of Georgia waiting for rightful claimant to turn up. All these assets come in the possession of the state on account of a number of reasons, such as misspelled names, unexpected migration, marriage break up, businesses going bankrupt, relocation of jobs, deaths, banks getting dissolved, address changes without prior notification, etc.
For more information regarding GA Unclaimed Property, you may visit the official site of Georgia Unclaimed Property Division.
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