Monday, September 18, 2017

Find your money
The Tennessee Treasury Department returned nearly 43,000 claims for unclaimed property in FY 2017, and more than $48 million was returned last year. Unclaimed property is money that has been turned over to the State by businesses and organizations who cannot locate the rightful owners. Every year, millions of dollars are turned over, to the department and it works to get that money back to whom it belongs. In Tennessee, there is currently $789.2 million in unclaimed property still waiting to be returned. Representatives from the Unclaimed Property Division will be at the Newport Harvest Street Festival on October 7 and 8, and fair-goers will be able to search www.ClaimItTN.gov for their missing money. The types of unclaimed funds that may be held include stocks, bonds, gift certificates, checks, unclaimed wages, refunds from utility or other companies, life insurance annuities that could not reach the beneficiary, and more. In Tennessee, the Unclaimed Property Division does not include real estate or physical items. The Treasury Department credits the significant increase in returns to the Unclaimed Property’s website: ClaimItTN.gov, or you may call the Unclaimed Property Division at 615-741-6499 . There is no time limit in Tennessee to claim unclaimed property. It is held for the rightful owner or their legal beneficiaries until it is claimed.


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