If You Get A Christmas Postcard From The State It Could Mean Cash
If you got a postcard like the one seen here you may be doing the happy dance this Christmas.
Our State Treasurer Terry Hayes sent out a notice today that the Office of the State Treasurer sent out many of these postcards to Mainers, 2750 to be exact. Turns out that they have records at the State that those folks have some unclaimed money stuck somewhere in their name. If you are one of these people this card will come to you through regular mail.
The press release stated:
"if you do not receive a postcard from my office, you may still have property. Postcards were sent to select individuals with accounts that hold $1,000 or more, but there are hundreds of millions of dollars in additional property. Every citizen needs to review the list of Unclaimed Property. It should be just as routine as filing taxes each year."
Our Treasurer Terry Hayes also warns about fraudulent schemes that claim to be from her Office. These are easy to spot in that they will ask you for money most often. Advice from the Treasurer's office, "If someone is asking for a payment or personal information, tear it up, or hang up the phone, because that is a scam. Call our office directly or go to our website."
At present, the Treasurer holds $241,879,913 of Unclaimed Property. It is easy and free to file a claim. To file a claim, go to https://www.maine.gov/upsearch and follow the easy to use instructions.
Unclaimed Property consists of money and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of inactivity. It includes items such as bank accounts, uncashed checks, life insurance policies, unpaid wages, stocks and dividends, refunds, and safe deposit box contents.