Post-Escheat

If you have received a Post-Escheat notification from our offices, you may be due unclaimed funds. These funds were reported to your local state as abandoned property.  Abandoned property is turned over to the Department of Revenue of your local state from many sources including banks, credit unions, corporations, utilities, insurance companies, governmental entities and retailers throughout the United States.

What are unclaimed funds? 

Unclaimed funds are cash due claimants from unclaimed property (sometimes referred to as abandoned). These cash funds are from accounts in financial institutions and companies that have had no activity generated or contact with the owner for one year or a longer period. Common forms of unclaimed property include:

  • Savings or checking accounts
  • Stocks
  • Un-cashed dividends
  • Payroll checks
  • Refunds
  • Traveler's checks
  • Trust distributions
  • Unredeemed money orders or gift certificates (in some states)
  • Insurance payments
  • Refunds
  • Life insurance policies
  • Annuities
  • Certificates of deposit
  • Customer overpayments
  • Utility security deposits
  • Mineral royalty payments
  • Contents of safe deposit boxes.

Laurel Hill currently works with 17 states to assist claimants with the process needed to claim their funds. We have a team of experts who are highly trained with years of experience in filtering data, researching owner information, finding beneficiaries and heirs and verifying ownership in even the most complex of cases.

To find out how we can develop a customized program tailored to your Post-Escheat obligations contact info@laurelhill.com.