Unclaimed Property specialists will be in Seward on the Fourth of July to help residents and visitors search and file claims for unclaimed property, State Treasurer Don Stenberg said today. Almost $150,000 in unclaimed property is available for Seward County residents and former residents to claim through the State Treasurer’s Office.
The Unclaimed Property tent will be a part of the Craft Show on Courthouse Square.
“The Fourth of July is a perfect day to stop by our Unclaimed Property tent on Courthouse Square to see if you or your family members or friends have any unclaimed property,” said State Treasurer Don Stenberg. “We are holding $100 million of property for more than 350,000 Nebraskans or former Nebraskans or heirs. Given those statistics, you have a one in five chance of finding property that belongs to you.”
Treasurer Stenberg said, “One of the pleasures of this office is returning money to its rightful owners and hearing the stories of Nebraskans and former Nebraskans who are genuinely grateful, surprised, and sometimes overwhelmed at the amount of money returned to them.”
Unclaimed property consists of cash and other personal assets that are considered lost or abandoned after an owner cannot be located for a specified period of time. The property is turned over to the state by banks, insurance companies, merchants, and other businesses. Among the most common forms of unclaimed property are dividends, dormant accounts, gift certificates, insurance payments, matured CDs, lost IRAs, wages, rebates, stock and mutual funds, utility deposits, and abandoned safe deposit boxes. Unclaimed property does not include land, real estate, vehicles, or tax refunds.
Unclaimed property is held by the state until an owner or heir can be documented; the property is held indefinitely if no owner or heir can be located.
The largest pieces of unclaimed property being held by the state – with amounts ranging from $2,000 to $8,000 – and whose owners’ last known address was in Seward County are as follows:
In addition to visiting the unclaimed property tent at the Fourth of July festivities, Nebraskans can also search for unclaimed property using the following methods: