Apply For Free Unclaimed Money

Posted by admin on January 19th, 2011


If you’ve ever wondered where your tax dollars go, as most of us have, take pleasure in knowing that you can get some of it back anytime you like. Free government grant programs are where billions of your tax dollars go each year, and about the only place where you can retrieve any of it back.

There are billions of dollars in free government money that you, the taxpayer, have invested into these programs and it there for the taking for most American citizens.

There are hundreds of free government grant programs that allow many taxpaying American citizens financial assistance to avail opportunities that they could not otherwise afford. You may be able to get free money to travel, perform research, attend colleges or universities, teach, open a day care center, buy property, start a business, or even just pay your bills. All of this and much more can be accomplished by acquiring free government grants.

By performing a free grant search, you can access the national grant database to locate the specific free grant programs that are available to suit your own individual and unique specifications. Most American taxpayers over the age of eighteen qualify to receive not just one but several different types of grants.

There is no limit to how many you may apply for or receive so the possibilities are seemingly endless for the fortunate qualified applicants.

Most people can easily become one of the fortunate recipients of free government grants by simply completing the proper government grant applications that apply to their needs or circumstances and soon be on their way to achieving goals they’ve once only dreamed about. If you would like to be one of the fortunate, explore all of your free unclaimed government money opportunities today.

By: Sarah Beckham

About the Author:
Get Free Grant Money and see how much money you qualify to receive today and never pay back.

->> Claim your Personal Government Grant…



Hundreds of Millions of Dollars in Georgia Unclaimed Money

Posted by admin on January 19th, 2011


A recent report by the Chattanooga Times announced that millions of dollars in Georgia lottery winnings go unclaimed in Georgia and Tennessee. Lottery officials say this is mostly due to people that buy lottery tickets while passing-through and either forget to check if they’ve won or not.

According to another news report though, a larger amount of Georgia unclaimed money is in the hands of the state’s Treasury Department. Hundreds of millions of dollars in forgotten funds are held by the state government and most Georgians are unaware of its existence. Catherine Westbrook, an elderly resident of the state was very aware though and became frustrated when she tried getting a $1200 check from an old life-insurance policy. “When I didn’t get it for two or three weeks, then I called and they would say, ‘No, the check wasn’t written, hasn’t been written’ — that’s all they would tell me.” said Westbrook who adds after getting the check 5 months after: “I don’t know why they take so long to write a check.”

Georgia’s Unclaimed Property Law or escheat law which originates from feudal laws in England require abandoned and forgotten assets such as bank accounts, income tax refunds, uncashed checks, uncollected wages, insurance premium overpayments, gift certificates, cash dividends on stocks and mineral deposits, and others to be turned-over to the hands of the state after a specified ‘dormancy period’. This period for Georgia is 5 years and less for other financial assets. “Dormant funds are remitted to the State of Georgia. Demand deposit accounts are deemed to be dormant after 12 months and time and savings accounts are deemed to be dormant after a period of five years without activity”, according to an official statement from Georgia’s State Treasury. In a press release from the Georgia Department of Revenue’s Unclaimed Property Unit, “The time that must elapse for property to be determined “abandoned” and turned over to the state varies depending on the type of property. For example, unclaimed wages and company liquidation proceeds must be turned over to the state after one year. The vast majority of unclaimed property must be turned over to the state five years after the last contact with the rightful owner. Time frames for other types of property are: safe deposit box contents must be forwarded to the state two years after the box was opened by the holding financial institution; money orders seven years after the issue date; and traveler’s checks 15 years from the issue date.”

The Georgia Revenue Commissioner has since tried to make some improvements with regards to the state department that handles missing money in Georgia, like replacing an old automated call center system with operators who can check the status of claims immediately. According to Tim Shields, a manager with the revenue department, “From the time the claim form comes in the door, if we have everything we need, within 8 to 10 weeks, that person’s going to receive a check,”.

Greg Daugherty, Executive Editor of Consumer Reports, said “When I entered my own information, I didn’t find anything belonging to me, but I did find some money belonging to a great aunt of mine who has since died, and would have left it to me.” Greg isn’t alone, which is why enlisting the help of an unclaimed money expert is of the utmost importance.

By: Russ D Johnson

About the Author:
Unclaimed money and property expert Russ Johnson has been assisting Americans in finding their unclaimed money online since 1997. His site, http://www.unclaimedmoney.net, is updated regularly and offers guaranteed official searches for Georgia unclaimed money and missing money across the country.



Kentucky Unclaimed Money Climbs To 150 Million Dollars

Posted by admin on January 16th, 2011


According to the KY State Treasurer, the state is now holding more than $150 million in unclaimed property that belongs to the citizens. The only things standing between 200,000 people and their slice of the pie are awareness of these forgotten assets, and the ability to locate and reclaim their Kentucky unclaimed money.

The Kentucky State Treasury boasts about how much money it has returned in the past 13 years, “In 1994, the General Assembly transferred responsibility for the unclaimed property fund to the Kentucky State Treasury. Since then, about $28 million has been returned to rightful owners.” $28 million sounds like a lot, but when you spread that out over 13 years, they’re only returning a little more than $2 million per year, on average. Much more than that is turned over to the state each year, so the $150 million the state currently holds will certainly grow. Even if Kentucky was to stop taking any more abandoned money today it would still take them 75 years to return the $150 million currently being held, based on their current rate of $2 million per year.

It’s not surprising that most people simply dismiss the idea of unclaimed funds as some sort of scam, because it’s difficult to believe that there are billions of dollars across the country that people simply forgot about over the years. Who ever just “forgets” that they have money somewhere? Well, apparently a lot of people. Not surprisingly, the states (including Kentucky) lack the resources to track down every single person who is owed missing money. Government doesn’t do much efficiently, why would returning money to the people be any different? Citizens of the Bluegrass State need to take matters in to their own hands if they ever want to discover the joys of found money.

Though there are dozens of different potential sources of lost money in Kentucky, the State Treasury’s website provides the following list of the most common types: “dormant savings and checking accounts, unclaimed wages, dividends, credit balances and any type of outstanding checks.”

A common misconception is that you should only search for unclaimed money in your home state. This couldn’t be more wrong, not only because many people have lived in numerous states throughout their life, but also because you don’t have to have lived in or even been to a state that might owe you money. Many people work for companies that have their headquarters in another state. If these companies owe someone money, but are unable to track them down, the cash is supposed to be reported to the state where the company is incorporated.

In addition to searching the records of more than one state, people need search more than once, because unclaimed money lists are sporadically updated. If a property hasn’t been dormant long enough to be considered “unclaimed” by the state, the original holder won’t have turned it over, which means the state will have no record of it. Often times, even after the state has received a particular account, their system will still not have a record of it for some time, because someone who works in the appropriate department must physically add the record to the system.

With these issues, and dozens more, it’s no wonder that residents have difficulty locating their funds. As these surpluses of cash grow, so does the confusion about how to find it, so it’s more important than ever to seek the assistance of an expert in this area to help you in your search.

By: Russ D Johnson

About the Author:
Unclaimed money and property expert Russ Johnson has been assisting Americans in finding their unclaimed money online since 1997. His site, http://www.unclaimedmoney.net, is updated regularly and offers guaranteed official searches for Kentucky unclaimed money and missing money across the country.



« Older Entries
Newer Entries »
Powered by WordPress