Provided by: Jennifer Kirschenbaum, Esq.
June 30, 2021
I'm not quite on summer vacation but I am ready to change it up a bit, so today we're taking the day off and playing the lottery. Reminder to check Office of State Comptroller every once in a while for unclaimed funds, here: https://www.osc.state.ny.us/unclaimed-funds. The State Comptroller is responsible for collecting unclaimed funds -
"New York State’s Abandoned Property Law requires certain entities to transfer abandoned money or securities to the New York State Comptroller’s Office of Unclaimed Funds. The Comptroller serves as the custodian of unclaimed funds until they’re claimed by the rightful owners.
Entities required to report and remit unclaimed funds include, for example, banks, insurance companies, corporations and state agencies. The funds come from inactive bank accounts, uncollected insurance policies or refunds, amounts due for undelivered goods or services, abandoned stocks, uncashed checks and more."
I found two claims for my father pulling together today's newsletter. Wishing everyone a happy holiday week!