HYPOTHETICAL SCENERIOS:

• A married couple with two young children, ages 2 and 4. The couple dies in an automobile accident. What happens to their life insurance policy? If NO ONE KNOWS about the policy, the following month when the payment is due, it would be cancelled for non-payment. Insurance policies are one of the largest sources of UNCLAIMED MONIES.
• Your grandfather leaves you money in a CD. He dies, where is the CD? It becomes unclaimed after seven years.
• Your special bank account you were saving for a special occasion. You die, it becomes unclaimed after seven years.
• Those stocks you bought ten or more years ago. The stock broker has the stock certificates, you move to a new address, and basically forget about the stock. Unclaimed...
• Your 70 year old mother retires to Florida. She dies.
      a. Do you know where her will is and or if she had one?
      b. Who her attorney in Florida is?
      c. Where she banked?
      d. Did she have a CD?
  
• Going on a trip, and before you left you put your Rolex in for repairs. Who knew about it? If you don't make it back home, who would know about your watch? The jeweler?? Do you really think they will try to track down your family members.....and this isn't even part of the unclaimed monies.


• You die, your family has to search through all your personal belongings and hope that they find everything. They may not find any information on the safety deposit box and/or CD you have, or the insurance policy you have on your credit card.....they become UNCLAIMED monies.

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