What is unclaimed property? What efforts are made by the Unclaimed What is a “finder”?
Property Division to locate owners? What if I am contacted by a “finder”?
Unclaimed property refers to property being held by
an organization that has not had contact with the The Unclaimed Property Division performs due diligence A “finder,” sometimes known as an heirfinder or
owner for an extended period of time. Property is upon receipt of accounts with a value of $10 or more. researcher, is an individual who will attempt to reunite an
UNCLAIMED PROPERTY usually considered unclaimed after five years when it The Division places ads in Wyoming newspapers in owner with his or her unclaimed assets for a fee. Fees and
is turned over to the State of Wyoming. Banks, February or March of each year. Also, the list of procedures vary considerably. The Unclaimed Property
credit unions, utility companies, corporations, owners’ accounts which have been held for two years or Division is aware of many finders working throughout the
Have you forgotten about a savings insurance companies, mineral royalty companies, and more is available on our website. People can contact our United States. The majority of these finders are
account you opened years ago? government entities are some of the many sources of office for a “complete” name search. A listing of unpaid responsible and work within the law. However, there are
unclaimed property. Unclaimed property includes, owners is available to the public for viewing in our office many scams associated with unclaimed property. We urge
but is not limited to: by appointment. you to be cautious before signing any agreement. Do not
Have you forgotten about an uncashed
pay an advanced fee for researching services.
check that you put in a drawer that by • savings accounts • checking accounts
What if the money remains unclaimed by
now has become stale-dated? • deposits • customer overpayments If the property is in the Unclaimed Property Division’s
• stocks • uncashed dividends the
custody, it is available to you FOR FREE.
• traveler’s checks • money orders owner?
Are you named as a beneficiary on a • refunds • credit balances
How do I find out if money is being held for
deceased relative’s insurance policy? • monies distributable from trusts The Unclaimed Property Division places the funds in a
• uncashed insurance claim payments trust account. The funds are held forever until claimed. me?
• safe deposit box contents There is no time limit to claim your money.
Have you paid a utility deposit for • insurance policies, endowments and annuities It’s very easy. Give us a name, social security number and
any previous addresses. We will search our records. There
services and forgotten to ask for it Can I keep my money from being turned
is no charge for this service.
In the case of stock and dividends, often they have
back? been undeliverable by the post office.
to the State? Call us at 307-777-5590.
The Wyoming State Treasurer’s Office, How does unclaimed property end up at Yes. Here are some things you can do: OR
Unclaimed Property Division, may have the State Treasurer’s Office?
your money! ▪ Before you move, be sure to give your new address to Write us at the address on the front of this brochure.
Since 1993, the State Treasurer’s Office, Unclaimed banks and others with whom you do business.
Property Division, has been responsible for collecting OR
these assets and returning them to their owners. ▪ Don’t forget security or utility deposits; contact the
(Unclaimed property does not include real estate, Generally, the business or financial institution holding telephone company, the electric company and any Search our website - www.wywindfall.gov.
vehicles and most other physical property.) the property will try to find the owner. If the property others with whom you have placed a deposit.
remains unclaimed after attempts fail to locate the If our records indicate unclaimed funds are being held for
owner, the property is sent to the Unclaimed Property ▪ If you leave a job, make sure your former employer you, a claim form will be mailed. Most claims are
Division. The Division will safeguard, make a has your current address. processed and paid within 60 days or less.
diligent effort to return the funds to the rightful owner,
at no cost to the owner, and hold the funds until they ▪ Make sure someone knows you have a safe deposit You may find current address information for each
are claimed by the rightful owners or heirs. box or mineral interests. Unclaimed Property Office at the NAUPA (National
Association of Unclaimed Property Administrators)
The U.S. Supreme Court ruled that unclaimed ▪ Make a list of all your accounts. website - http://www.unclaimed.org.
property should be returned to the state of the owner’s
last known address. If you lived in another state ▪ Keep your accounts active by staying in contact with Once at this site, click on OWNERS then click on “Find
which might be holding unclaimed property in your your banks and other financial institutions. Property” on the left-hand side of the page. Click on the
Unclaimed Property Division name, please refer to the list on the back of this appropriate state and scroll down to the website address
2515 Warren Avenue, Suite 502 brochure for the address of that state’s unclaimed ▪ Cash all checks or dividends, insurance benefits and noted below the state map. Click on the state’s website
Cheyenne, WY 82002 property office or refer to the NAUPA (National wages. If you stop receiving dividends, contact the and follow the instructions.
307-777-5590 Association of Unclaimed Property Administrators) company that issues the dividends.
website - www.unclaimed.org and click on “Owner.”