Skip to Content
Click Here to Download the New myCPAide Toolbar with TaxMap (for Individuals and Small Business, Ver 2.0)
toolbar powered by Conduit
Home > Unclaimed Property > Multistate Unclaimed Property > FAQs (Multistate Unclaimed Property) > Frequently Asked Questions (California Unclaimed Property)

< Previous | Next >

SocialTwist Tell-a-Friend        

Frequently Asked Questions (California Unclaimed Property) (Visit this siteExternal Link to Frequently Asked Questions (California Unclaimed Property))

Frequently Asked Questions About Unclaimed Property

General Information

  • What is Unclaimed Property?
  • How does the State acquire Unclaimed Property?
  • Why does California have an Unclaimed Property law?
  • What efforts are made to find the owners?
  • How do I find out if I have Unclaimed Property?
  • How does the claim process work?
  • Is there a fee for processing my account through the State Controller's Office?
  • What are heir finders (investigators or asset locators)?
  • How can I prevent my property from being turned over to the State?
  • What is a property identification number?
  • How may I search for Unclaimed Property held by other states?

    Claiming Unclaimed Property

  • Is there a time limit for claiming my property?
  • Where do I send my claim?
  • How will I know if you received my claim?
  • How long will it take for my claim to be processed?
  • Will I be paid interest on the property for the time that the Controller held the property?
  • What institutions are governed by the Unclaimed Property Law?
  • How may I search for my account if the business or financial institution claims that it no longer has a record of the account?
  • How can I get my money back if I have a stale-dated cashier's check, a money order, or any uncashed check in my possession that is not honored by the bank?
  • What will happen to the contents of my safe deposit box if I fail to pay my annual safe deposit box fees?
  • What will happen to my investment accounts (i.e., stocks, bonds, mutual funds) if I do not maintain contact with my broker or the company in which my funds are invested?
  • How are stock accounts paid?
  • Why does it take longer to receive payment on securities claims?
  • How may I reclaim my property once it is reported to the State Controller?
  • Can my funds be electronically transferred to my current bank account?
  • Can I claim all the funds on a jointly owned account?

    Hits: 19
    Added: Wed Jun 07 2006
    Last Modified: Mon Jun 12 2006

    Review It Rate It Bookmark It