Treasurer Clint Zweifel says millions in unclaimed cash available at the State Fair
Nearly $57,000 claimed at the 2010 State Fair
SEDALIA, MO – August 9, 2011 – (RealEstateRama) — State Treasurer Clint Zweifel (ZWY-ful) announced today that members of his Unclaimed Property team will be at the 2011 State Fair each day starting Thursday, Aug. 11, from 10 a.m. to 4 p.m. in the Mathewson Exhibition Center to help Missourians find and claim their property.
More than 400 account owners found $56,858 at the 2010 Missouri State Fair. One in 10 Missourians has Unclaimed Property, and there is $600 million available. Fairgoers will be able to search for property, file claims and ask questions.
“Thousands of Missourians will visit Sedalia for the State Fair, and it’s a perfect time to see if they, their family or their friends have some money waiting for them,” Treasurer Zweifel said. “The process is simple and easy – with 55 percent of claims now done without a piece of paper. Most fairgoers are going to find money or know someone who is owed money. The average claim is $300, so it is worth a visit.”
Anyone can search for Unclaimed Property anytime at www.ShowMeMoney.com. Missourians can also sign-up to receive email notifications when new Unclaimed Property matching their information is added. Since January 2009, Treasurer Zweifel has returned $85 million to more than 260,000 account owners.
About Treasurer Zweifel’s Unclaimed Property
State law requires financial institutions, insurance companies, public agencies and other business entities to turn over assets to Treasurer Zweifel that belong to a customer, client, employee or other owner if there have been no documented transactions or contact with the owner for five or more years. Most Unclaimed Property consists of cash from bank accounts, stocks, bonds and contents of safe deposit boxes that have been abandoned. It also can include uncollected insurance policy proceeds, government refunds, utility deposits and wages from past jobs. Treasurer Zweifel does not handle real property such as land, houses, cars and boats. There is $600 million in Unclaimed Property maintained by Treasurer Zweifel. Treasurer Zweifel never charges for the return of Unclaimed Property.
