Get What’s Yours

Larry Sayler

AFTER THEY MARRY, some people discover their spouse has hidden debt. We had the opposite situation.

Several years after we were married and while living in Illinois, my wife got a letter from the New York Secretary of State saying she may be the owner of an unclaimed savings account in the town where she was raised. This was before the internet. We had no idea how New York found her. Neither my wife nor her parents remembered the account. My wife filled out some paperwork and a few weeks later she received a check for a few hundred dollars.

Apparently, it’s common for people to forget about things like bank accounts, retirement accounts and utility deposits. Because states don’t want financial institutions and other companies sitting on this money, with no incentive to track down the owner, they require that unclaimed assets be turned over to the state. As a result, states hold billions of dollars in unclaimed property.

Today, thanks to the internet, searching for unclaimed assets is easy. Recently, I spent an evening checking for unclaimed assets in the six states in which my wife and I have lived. Using Google, I typed in the name of a state and “unclaimed property.” One of the first suggestions was always the official secretary of state site for unclaimed property. Most sites—though not all—had a “.gov” suffix, indicating it’s an official government website. Alternatively, you can locate official state sites by going to

The sites varied slightly, but usually I could simply type in a name and then hit “search.” I used only my surname. If you also enter a first name, you may not find assets where the first name is listed only as an initial. I never knew there were so many folks called Sayler. It seems some of my very distant cousins are quite lax in keeping track of their financial assets.

On each site, it was easy to search for me, my spouse, our children, and even my parents and siblings. Maybe it reflects well on our family that I had just a single success. We found our son’s name, along with an address where he had previously lived. It said the amount the state had for him was less than $100.

We called our son and told him to go to that state’s site and type in his name. Claiming the money was easy. He simply entered his Social Security number and birth date. When those matched the state’s records, it asked for his current address. Larger amounts may require more documentation. Two weeks later, our son received a check—for $3.

Browse Articles

Notify of
Inline Feedbacks
View all comments
Jeff Bond
Jeff Bond
9 months ago

Well after my parents had died and their respective estates had been closed for inheritance purposes, I found listings for both of my parents in the North Carolina Unclaimed Properties website. I called and found that since they were deceased, I would need to produce both death certificates and letters of testamentary in order to claim the funds. The time and driving expense to fulfill that requirement could not be ignored – and it could not be accomplished by mail. When I asked for the amount being held, I was told they were not allowed to divulge that info. I explained my quandary, and asked if the total amount was more than $100, and the clerk said “no”. Then I asked if it was more than $50, and again the clerk said “no”. That’s all the information I required, and I just left it there.

9 months ago
Reply to  Jeff Bond

Messrs Sayler and Bond likely represent the vast majority of unclaimed assets. In aggregate there are millions of dollars in millions of orphaned accounts, none of which amount to much individually, and thus not worth the effort required to claim them.
If I recall correctly, when my father died over 30 years ago, the price of an original death certificate was $10, and today?

Free Newsletter