MT Department of Revenue encourages Montanans to check for unclaimed property - news.mt.gov

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MT Department of Revenue encourages Montanans to check for unclaimed property

Monday, September 28, 2015/Categories: Department of Revenue/Tags:

FOR IMMEDIATE RELEASE
September 28, 2015

CONTACT
Mary Ann Dunwell, Public Information Officer, MT Dept. of Revenue
(406) 444-6700, mdunwell@mt.gov

Molly Petersen, Public Information Specialist, MT Dept. of Revenue
(406) 444-4331, mollypetersen@mt.gov

MT Department of Revenue encourages Montanans to check for unclaimed property

Helena – The Montana Department of Revenue is publishing the names of people who have money or other unclaimed property that the state has been holding for them. The property was reported to the state between July 1, 2014, and June 30, 2015.

By law, the department publishes the names of unclaimed property owners in local newspapers. The newspaper listings are appearing in newspapers this fall and include names of folks who own the unclaimed property and live in the particular geographic region served by the newspaper.

For a more comprehensive database, visit revenue.mt.gov and click on “Find Your Unclaimed Property,” then “Click for Cash.” The department’s software application “Click for Cash” makes it easy for people to go online to claim their money, track the status of their claim and have the cash deposited directly into their bank account. You can also email the department at unclaimedproperty@mt.gov or call toll free 1-866-859-2254, in Helena, 444-6900, to have us do a search for you.

“As the custodian of Montana’s unclaimed property, the department is committed to returning that property to the rightful owners,” says Mike Kadas, Director, Montana Department of Revenue. “We encourage all Montanans to check for unclaimed cash or property. You never know, a nice chunk of change may await you.”

Each year, millions of dollars goes unclaimed. Between July 1, 2014, and June 30, 2015, the department received more than $10 million from businesses or other holders of unclaimed property. The department processed about 5,450 claims and returned about $4.2 million to owners. Most of the unclaimed property is money from insurance policy proceeds, uncashed checks, savings accounts, safety deposit box contents, stocks and mutual funds.

The money is available indefinitely for owners to claim.

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