Free Money! Wisconsin Has Millions To Give Out & Some Of It Could Be Yours
By Kelly Fisher
February 4, 2021
Every state keeps a “lost and found” of unclaimed money and property.
One resource to check is missingmoney.com, which is free and endorsed by the National Association of Unclaimed Property Administrators.
Citizens can also go to a state website to claim the money or property owed to them.
For Wisconsin, that’s the Wisconsin Department of Revenue unclaimed property division.
"Generally, unclaimed property is any financial asset that hasn't had owneractivity for a period of one year or more and the holder of the asset is not able to contact the owner. This includes:
- Savings accounts
- Checking accounts
- Uncashed dividends
- Stocks and mutual funds
- Customer deposits or overpayments
- Certificates of deposit
- Credit balances
- Refunds
- Matured life insurance policies
- Uncashed death benefit checks
"Property becomes unclaimed or abandoned when there isn't owneractivity on the account for a period of one to five years (depending upon the type of property) and is reportable to the Department of Revenue (DOR) if the holder of the asset does not make contact with the owner as a result of due diligence. A holder may include a bank, savings institution, credit union, securities brokerage firm, mutual fund company, insurance company, business or utility company."
Think some of that money could be yours?
To find out if the state is holding onto any forgotten money for you, search your name on the Department of Revenue’s website. The site will also walk you through filing a claim if a result pops up.
For more information, check the Wisconsin Department of Revenue’s website, or submit questions to the department online.
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