FYI Unclaimed property.

Casper

Bobbert Cheapstein
Oct 6, 2009
8,299
365
41
yeah, i probably will. Theres 5 or 6 entries for "100 or more dollars" in my dads dads name which he or one of his siblings would be the heir to.

Not sure how much that actually is. For 100 bucks, not really worth it.

Is your dad wealthy or something? My friend's father said it's not worth collecting $800 off that site. But then he owns four hotels in San Francisco.
 

Domon

Robotic Dexter
May 19, 2011
47,373
29,073
823
not really. But i think ya'll are massively underestimating the amount of effort it will take to get money back.

If it was "fill out a form, get money", more people would do it. But i imagine theres huge legal red tape to get through thats really annoying.
 

Casper

Bobbert Cheapstein
Oct 6, 2009
8,299
365
41
not really. But i think ya'll are massively underestimating the amount of effort it will take to get money back.

If it was "fill out a form, get money", more people would do it. But i imagine theres huge legal red tape to get through thats really annoying.

Imagine away. The whole process took me about an hour. Most of which was going through old files looking for a death certificate, and about ten minutes of paperwork and a phone call.
 

Domon

Robotic Dexter
May 19, 2011
47,373
29,073
823
Do you have your money? I will agree with you when you have a check.

Also, with all my dads stuff, theres the complication of there being 6 prospective heirs.

Also, why would a death certificate net you the money, wouldnt you need a will that specifically says that money was intended for you?
 

Casper

Bobbert Cheapstein
Oct 6, 2009
8,299
365
41
I think most people don't collect their money because they never find out about it.

How many of you guys knew you had unclaimed property before I posted this? Two?
 

Casper

Bobbert Cheapstein
Oct 6, 2009
8,299
365
41
Do you have your money? I will agree with you when you have a check.

Also, with all my dads stuff, theres the complication of there being 6 prospective heirs.

Also, why would a death certificate net you the money, wouldnt you need a will that specifically says that money was intended for you?

My part is over. The budget office is backlogged and filing September claims right now. The processing time is 6 months. Now I wait.
 

Casper

Bobbert Cheapstein
Oct 6, 2009
8,299
365
41
Okay, so here's how our state does it:

The money has to be collected by a legitimate heir, or beneficiary in the case of a trust. One of the documents I signed basically states that I am responsible for distributing the money appropriately. So if there were any other beneficiaries of my grandfather's trust, they could sue me for their share of the money. The fucked up thing is that the state makes no effort to tell them the money is claimed. So those other parties will never know unless the collecting beneficiary tells them so.
 

Casper

Bobbert Cheapstein
Oct 6, 2009
8,299
365
41
Along with the death certificate, I had to give them a copy of the trust and some other papers. They were all in the same file. They mailed everything back to me in two days. Your state might be different.
 

Mr. Argumentor

Will Argue for Tacos
Sep 27, 2012
50,699
23,173
723
Tampa-ish
Steam
asastang
Okay, so here's how our state does it:

The money has to be collected by a legitimate heir, or beneficiary in the case of a trust. One of the documents I signed basically states that I am responsible for distributing the money appropriately. So if there were any other beneficiaries of my grandfather's trust, they could sue me for their share of the money. The fucked up thing is that the state makes no effort to tell them the money is claimed. So those other parties will never know unless the collecting beneficiary tells them so.
I would think that it would also depend on the source of the money
 

Josh

Biff Clurton
Oct 9, 2006
7,497
3,856
523
East bumfuck.
so wait, how do you know its left for you? I have all kinds of shit in dead relatives names, but nothing in mine
In my case, the Florida Unclaimed Property is named as the trust fund my grandfather set up when I was 2. Not sure if the unclaimed property is in my SSN or the trust fund's EIN. If it is in my SSN, then I can collect. If not, then my dad has to handle that. Florida unclaimed property only required a copy of a driver's license and copy of a utility bill. Nothing notarized or whatever. So that one might pay out.
not really. But i think ya'll are massively underestimating the amount of effort it will take to get money back.

If it was "fill out a form, get money", more people would do it. But i imagine theres huge legal red tape to get through thats really annoying.
I would tend to agree with you. The other unclaimed property for me was in NJ. And they don't specify anything (who the property is, how much, any details). Just gives you a form to fill out and a claim number. So I guess I'll find out in a few weeks/months what the Unclaimed Property is, what SSN or EIN it is, and what I need to do to get it. If it requires a copy of my birth certificate, as you said probably not worth it since getting that costs a bunch of money ($65.00 for raised seal birth certificate from NJ). And I have a feeling they'd want multiple copies for each unclaimed property claim.
 
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