"Checking the couch for spare change? You may be owed an even bigger payout, courtesy of the Virginia Department of the Treasury. The state has $1.7 billion in unclaimed money, stocks, bonds, dividends, utility deposits, insurance proceeds, tangible property and more, according to a Pilotonline dot com report. The state maintains a searchable database online for residents to enter their name and other identifying info to determine if unclaimed property that they’re owed has been turned over to the state. The site is vamoneysearch.org. In 2013, a family claimed a $20,000 inheritance that the state had been holding for nearly 50 years. The average payout is $1,978.00"
So if you have ever lived in VA, had relatives from VA, had utility accounts in VA where you might have submitted a deposit, etc., it might be worth your while to check their website to see if they are holding any money that belongs to you.
I'm sure other states have a similar service. I know this works. When I lived in Broad Run Farms for 10 years in Sterling VA, I had NOVEC for a power company. They are a coop that pays dividends. When I checked, it turned out they were holding some money that was owed to me. I had moved from there in 1986, and of course the new owner put the power in there name. I moved to Lovettsville, and never thought anymore about it.
Jeff Pearl | Lic in VA
Remax Distinctive | McLean VA
703-727-4876
Homes | Land | Farms | Historic
Equal Housing
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