Kentucky and colleges resource


lautc.net keyword stats



Most current Google search phrases:

"divorce annulled" copper queen investors
Most current MSN search phrases:

BLUE LICKS BATTLEGROUND KENTUCKY students
admission  

Kentucky Unclaimed Money Climbs To $150 Million

According to the KY State Treasurer, the
state is now holding more than $150 millionThough there are dozens of different
in unclaimed property that belongs to thepotential sources of lost money in Kentucky,
citizens. The only things standing betweenthe State Treasury's website provides the
200,000 people and their slice of the pie arefollowing list of the most common types:
awareness of these forgotten assets, and the"dormant savings and checking accounts,
ability to locate and reclaim their Kentuckyunclaimed wages, dividends, credit balances
unclaimed  money.and  any  type  of  outstanding  checks."
The Kentucky State Treasury boasts about howA common misconception is that you should
much money it has returned in the past 13only search for unclaimed money in your home
years, "In 1994, the General Assemblystate. This couldn't be more wrong, not only
transferred responsibility for the unclaimedbecause many people have lived in numerous
property fund to the Kentucky State Treasury.states throughout their life, but also
Since then, about $28 million has beenbecause you don't have to have lived in or
returned to rightful owners." $28 millioneven been to a state that might owe you
sounds like a lot, but when you spread thatmoney. Many people work for companies that
out over 13 years, they're only returning ahave their headquarters in another state. If
little more than $2 million per year, onthese companies owe someone money, but are
average. Much more than that is turned overunable to track them down, the cash is
to the state each year, so the $150 millionsupposed to be reported to the state where
the state currently holds will certainlythe  company  is  incorporated.
grow. Even if Kentucky was to stop taking
any more abandoned money today it would stillIn addition to searching the records of more
take them 75 years to return the $150 millionthan one state, people need search more than
currently being held, based on their currentonce, because unclaimed money lists are
rate  of  $2  million  per  year.sporadically updated. If a property hasn't
been dormant long enough to be considered
It's not surprising that most people simply"unclaimed" by the state, the original holder
dismiss the idea of unclaimed funds as somewon't have turned it over, which means the
sort of scam, because it's difficult tostate will have no record of it. Often
believe that there are billions of dollarstimes, even after the state has received a
across the country that people simply forgotparticular account, their system will still
about over the years. Who ever justnot have a record of it for some time,
"forgets" that they have money somewhere?because someone who works in the appropriate
Well, apparently a lot of people. Notdepartment must physically add the record to
surprisingly, the states (including Kentucky)the  system.
lack the resources to track down every single
person who is owed missing money. GovernmentWith these issues, and dozens more, it's no
doesn't do much efficiently, why wouldwonder that residents have difficulty
returning money to the people be anylocating their funds. As these surpluses of
different? Citizens of the Bluegrass Statecash grow, so does the confusion about how to
need to take matters in to their own hands iffind it, so it's more important than ever to
they ever want to discover the joys of foundseek the assistance of an expert in this area
money.to help you in your search.



1 A B C 45 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95