Unclaimed Property FAQ: Why is Wisconsin Involved?
WHY IS THE STATE OF WISCONSIN INVOLVED?
The purpose of the law is to identify and protect financial assets which have remained dormant for a period of 2 years or more and to hold it in custody until the rightful owner comes forward to claim it. Remitting the assets to the state allows the owners or their heirs to have a single source to check for unclaimed property instead of trying to check with hundreds of banks, insurance companies, employers and utility companies.
Wisconsin State Treasurer Kurt Schuller will be at the Winnebago County as well as Wisconsin State Fair this week and weekend to answer additional questionsl you may have about his involvement in helping you locate your missing money!
- Hawaii warns of unclaimed property email scam (seattlepi.com)
- Prudential Insurance Turns Millions of Dollars over to Wisconsin State Treasury (wistatetreasury.wordpress.com)
- $20 Million Returned in 1st 6 Months of 2012! (wistatetreasury.wordpress.com)