If you’ve ever lived in Arizona, there is a one in seven chance that some portion of Arizona unclaimed money belongs to you! The Arizona Department of Revenue is currently holding over one BILLION dollars in unclaimed property belonging to over one million people, which means Arizona could be holding missing money that rightfully belongs to you or a family member (if they have ever lived in Arizona). According to the Arizona Department of Revenue, unclaimed property includes items such as tax refunds or checks that have not been cashed, interest dividends from savings or investment accounts with Arizona addresses, customer overpayments, state warrants, or other securities.

Arizona’s unclaimed money database is operated by Missing Money, in partnership with the Arizona Unclaimed Property Unit, a division of the Arizona Department of Revenue. You can go directly to Missing Money to start your search or you can access it from the Arizona Unclaimed Money database. Have you forgotten about a checking or savings account, an old uncashed check, stock, safe deposit box, etc.? Arizona is considered a 'custodial state' and holds such property on behalf of the owners of lost or abandoned property. Unclaimed property is reported to Arizona when the owner’s last known address is located in the state. Most People Don’t Know These 10 Treasures Are Hiding In Arizona. Growing up in Arizona, I think at some point we all heard about the famed Lost Dutchman’s Goldmine. The stories and potential fortunes just waiting to be discovered are enticing, as well as the hope for an easier life. Obviously the notices were for real! Every state has their own unclaimed money state laws and guidelines that they follow regarding unclaimed money and unclaimed money finders. Most states call unclaimed money finders “fee finders”, “heir finders”, or “locators”. Regardless of what they call you, if you are an unclaimed money finder. Arizona is currently holding over $1.5 billion in unclaimed funds! There are over one million individuals owed these unclaimed funds. If you have lived there, there is a one in seven chance that Arizona unclaimed money belongs to you. Unclaimed Funds consist of: Utility deposits. Safe deposit box contents.

How does unclaimed money become “unclaimed?” Assets become unclaimed for a variety of reasons, and each type of property has a different “dormancy period,” or amount of time that money goes unclaimed before it has to be turned over to the state. According to the Arizona Department of Revenue, there are several reasons why property becomes unclaimed including but not limited to:

Businesses lose track of owners due to a change of address.
Owner may have forgotten about the asset and failed to notify the business of his new address.
Property becomes abandoned due to the death of the owner.
- The decedent’s family is often times not aware of these assets.
Other assets become unclaimed property because of a custodial relationship experienced as a minor child. Parents establish accounts in the name(s) of minor children, and then forget about the accounts. The children are usually unaware of them until:
- Accounts are advertised on the Internet.
- A claim form is received.
Stock splits and other securities transactions account for a large portion of unclaimed property.
Property is lost due to business dissolution or merger.
Customers will overpay on their accounts, or send remittances with no indication as to which account the payment applies.
These credit balances are often times just left on the books of companies.
Checks have been lost in the mail or put in a drawer and forgotten.

To help past and present residents of Arizona find unclaimed money, the Arizona Department of Revenue contracts several auditing firms to find unclaimed property that has not been turned over to the state. In most instances, the majority of unclaimed property is in the form of life insurance policies that have not been paid out to the correct beneficiary of the policy. In other instances, these auditors will find annuities that should have been transferred to an heir, but instead a financial services company is still holding the asset and collecting a fee for managing the money. By law, the state cannot take ownership of unclaimed property, and therefore holds the money until the rightful owner claims it.

Wondering if you or one of your family members has unclaimed property in Arizona? Search your records now!

Arizona Department of Revenue

1600 W Monroe

Phoenix, AZ 85007-2650

Phone: 602-364-0380 or 877 492-9957

Website: http://www.azunclaimed.gov

In the United States, alone, there is over $40 billion in unclaimed money and property being held by the state and federal governments. Some of this money has been sitting unclaimed for years, while other money has just been added to the unclaimed money registries. It is easy to search for property to find out it if it belongs to you, and easy to claim property that does. That leaves only one question: is any of it yours?

What Is Unclaimed Money
& How to Find it?

Unclaimed money, which may also be called unclaimed property, is not property or money that is just up for grabs. Instead, it is money with an identified owner, but where the organization holding the money or property has been unable to contact the owner. After a certain period of time, which is defined by statute, and varies from state to state as well as between types of property, the organization that originally held the money turns the money over to the state. The state then acts as a custodian for the money until the original owner, or his heirs or assignees, claims the money. If the money is being held by the federal government, such as by the IRS, it holds it as a custodian until the money is claimed.

Finding unclaimed money is a relatively easy process, though it can be time consuming. Each state maintains an unclaimed property registry. You can check for your name on these registries, and, if you find property under your name you can get more information to see if the property is yours. If you believe the property belongs to you, you can submit a claim, along with proof of your identity and of ownership.

How It Works

While the details vary from state-to-state, unclaimed property searches are generally very simple. You search for property by name and often with another identifier, like your zip code or address. You then get to see a list of properties owned by people with your name. In most states, you can then get more information about that property to help determine if it belongs to you, though a few states only allow public access to the owner’s name. If you believe that the property belongs to you, you can generally make an online claim. During that process, you will be informed what type of documentation you need to provide to prove your identity and/or ownership. Usually, this requires proof of your identification and some type of proof that you reside at or previously resided at the address associated with the property.

Girl Missing In Arizona

Step 1

You can search by your full name, just your last name, or last name and first initial. Remember to try any maiden names or former married names. You may also want to look for common misspellings!

Step 2

Missing Money Arizona Is Real Property

Many people only look at the state in which they currently reside, but we suggest looking at any state where you have ever lived.

Missing Money Arizona Is Real Id

Step 3

Missing Money Arizona Is Real Mean

Check out whether your name produced any hits, and, if so, click on those properties for more information.