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 COT ST918 Maryland Unclaimed Property Report 2024-2025

Maryland Unclaimed Property Reporting 2024-2025 Form

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well it is thursday so it's time to go back inside the vault to unclaimed property being held by the state all right we call them hidden treasures this morning let's look at some jewelry that's in the vault 18 karat gold necklace a ring and some dangly earrings now we've been talking about these hidden treasures for several weeks so it's important to point out though that the vast majority of the two billion dollars worth of property being held by the state does not look like this most of the unclaimed property is on paper things like forgotten bank accounts and other financial assets some of them are you know people's retirement accounts that they've you know saved for years and years and years and um and some are very small checking accounts that you know maybe you just forgot you had any money in okay so what happens then as the bank tries to make contact with the person on the account but after three years those funds get turn

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