tax time is over well unless you filed an extension that is but at the end of
tax season I want to remind you not to miss out on any unclaimed assets what am I talking
about? well estimates vary but government agencies have tens of billions of dollars
$100 billion worth of bank accounts insurance policies and other forgotten holdings
and each year millions more in unclaimed assets become acquired by various states
stick around and I'll tell you exactly how to claim your missing money.
i'm Colin Exelby i provide financial planning for business owners and their families that makes
sense I own Celestial Wealth Management, a virtual financial planning firm and one of my goals is to
help people keep more of what they make and stop leaking money one of the ways that families leak
money is through orphaned assets yes that's right each year millions of dollars of unclaimed assets
become the property of various states now every year our lives change people move children are
born people get married people get divorced and unfortunately loved ones pass away as these life
events happen sometimes we lose track of accounts that we own it's unfortunate but it does happen
now typically property turns over to the state if it's gone unclaimed for about three to five years
but safety deposit boxes can go unclaimed if the rental payments stop you would be amazed how many
unclaimed safety deposit boxes there are in fact roughly 48 hours ago from posting this
video according to Pennsylvania news today the Pennsylvania treasury announced it is returning
four billion dollars of unclaimed assets to pennsylvania citizens that's just mind-blowing
four billion dollars and that's just one state one in 10 Pennsylvania residents have unclaimed
property that's waiting for them now i would advise you to visit the website missingmoney.com
it currently tracks missing funds in 41 states but big states like California and Pennsylvania
aren't yet included the national association of unclaimed property administrators has a map
where you can click on each individual state to look at its database to find out
if you have any unclaimed property in that region these two sites track orphan bonds
stocks mutual funds that verizon cell phone bill you cancelled and you got a 100 credit
on a class action lawsuit settlement you didn't realize you were due an old insurance policy
payout there's a ton of missing money that's out there that goes unclaimed every year so make sure
you log on i'll provide links in the notes check your friends check your relatives and of course
check yourself your spouse and your family and you'd be amazed at what you might find and make
sure when you're searching to look for maiden names nicknames and with and without a middle name
if you do find something let me know about it in the comments good luck and happy hunting if you
found money this way please give this video a like sharing this video really helps my channel if you
want to let someone else know about missing money just share the video with them make sure you smash
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you have any comments you'd like to add on your found money please do so in the comments section