Unclaimed Money Frenzy

Thursday, 16 Jun 2011 12:38 PM

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“Good Morning America” brightened the day of millions of Americans when it aired its “Unclaimed Treasure Bonds,” “Unclaimed Money,” and “Unclaimed Property” segments.

The segments alerted viewers to the prevalence of forgotten lump funds sitting in our various online and property accounts just waiting for us to access them.

Whether through our own negligence or after a relative has passed away, equity in the form of savings and checking accounts, IRAs, safety deposit boxes, and even life insurance policies often goes untouched, reports the Examiner.

Especially in the case of a deceased relative, there may exist accounts with large amounts of money that were never made known to any family members.

“Good Morning America” encouraged viewers to check out their state’s unclaimed property and unclaimed bond laws to see how they might qualify to access these mysterious, forgotten funds. The segments also urged viewers to be diligent about finance so as to leave no penny forgotten, especially in these hard economic times.

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