You're watching...

Could you be a millionaire and not even know it?

Details

  • Description

    Billions of dollars in unclaimed cash sitting in banks

  • Duration 3:05
  • Date

Clips

Also in this playlist...

Studio B

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Thanks much you might be a millionaire.

And not even know it according to reports from state governments and the -- there's more than 58 billion dollars in unclaimed cash to sit around.

Includes things like old bank account stockholdings forgotten pensions.

All sorts of money sources that people seem to forget that they have.

According to the reporting of Yahoo! finance one person in Connecticut last year about 32 million dollars in unclaimed funds.

And while you might not have that much money waiting for you there's a good chance you have.

Some money lost out there the total amount of unclaimed cash in the US.

-- about 186.

Million dollars.

Well no 126 dollars for every man.

Woman and child.

But they have somebody here to explain it all to me.

-- yourself Kaplan CEO of founding partner of lexicon capital management -- how do people find out if they argue any of this -- Well fortunately with an -- that it's very easy to see if you have unclaimed treasures.

You know we have to remember that stocks used to be issued in physical certificates so it's very easy for things to -- gotten lost.

From maybe your great grandfather great grandmother as it's been inherited down to -- So you can go online you can go online and a number of really different great resource as there is one that I -- called unclaimed.

-- dot org and you can click on every single state that you ever lived and every single state that any -- -- -- ever lived and and look and see if their money out there because.

You know as you mentioned there's a 186.

Dollars for every American it's it's a huge amount of money 58 million in unclaimed assets.

And another great resource is treasure -- -- -- And you can see are there any treasury bonds that you know work actually ever a part of my family -- You know assets that I didn't know about so.

So I went online and emotionally I do not having -- proper.

Anywhere I don't know come -- now you but I know you an online as well but here's -- think you can pass along to your -- right I mean this never there's no statute of limitations here correct.

At your money and -- your money so it it is now must slightly held by the state and it's being used by them.

But if there's money that you rightfully inherit it.

You still rightfully illegally -- -- you just have to go and claim that no one is going to knock on your door and say.

Hate you know your your -- last -- best -- -- it said you need to go and knock on their door but another big thing is pension rights of people forget that they may have a -- these pensions.

Working in different places across the country right then.

It it's not just pensions and it's even things as simple as IRS refund checks.

You know they've moved and they never thought -- gosh I didn't get all of my forwarding mail and I never actually got that refund Shaq.

So with a number of things so that's that's another thing you can -- you can do an address -- you know of every place -- not relent and make sure you're getting all the -- it's something as simple -- all the mail that you should be getting.

Because you might find their statements.

There -- things that and it should be coming your way.

Imagine millions of dollars in the middle of all those magazines don't bust up in -- mailbox -- Kaplan not face is making us all feel like we won the lottery today.

Thanking him and.