| As of September, NV's state treasurer, Kate | | | | Each of the different types of unclaimed cash |
| Marshall confirmed that the state of Nevada is | | | | sources listed above has it's own unique |
| currently holding over $200 million in Nevada | | | | dormancy period. This is the amount of time that |
| unclaimed money that belongs to the 700,000 | | | | must pass before the abandoned money is |
| citizens. And despite recent efforts, after much | | | | considered "unclaimed" and turned over to the |
| criticism in 2006, the Nevada unclaimed property | | | | state. Depending on the type of fund, the |
| program continues to take in more money than it | | | | dormancy period can be anywhere from 1 to 15 |
| returns. | | | | years. This is important to know, because |
| According the Marshall, the state has increased its | | | | traditional online searches won't show a record |
| unclaimed money returns to 350-700 claims per | | | | unless the dormancy period has passed, and the |
| week. That's nothing to sneeze at, and Nevada's | | | | state has taken control of your money. |
| state treasurer is to be commended, but when | | | | Beyond the fact that the dormancy period has to |
| you consider that at that rate it would take 20-40 | | | | pass before there will be any sort of online record |
| years before they'd ever return all claims | | | | of your money, there's also the matter of how |
| currently listed, it's nothing to get too excited | | | | often Nevada updates their unclaimed money |
| about, especially when you consider how much | | | | listing. Records are not updated daily, so you can |
| more additional money would come in over those | | | | be confident in your search if you look and don't |
| 20-40 years!!! | | | | find anything one day, and the state just happens |
| The bottom line is that people can't rely on the | | | | to not add your record until the next day, week, |
| Nevada to reunite them with their funds. The | | | | month, or year. This is why rule #1 of searching |
| citizens have to take action themselves, if they | | | | for missing money is to search frequently. |
| ever want to be sure they're searching | | | | Additionally not all money belonging to Nevada |
| thoroughly and exploring all possible sources of NV | | | | citizens is in the state of Nevada. Some people |
| unclaimed property. The state has no doubt | | | | may have lived in other states before moving to |
| stepped up their efforts, but there's a long way | | | | Nevada, while others may have had dealings with |
| to go, and I think we can all agree that we the | | | | out of state entities, even if they didn't know it. |
| people are far more efficient than any | | | | For example, many companies have locations in a |
| government agency will ever be. | | | | number of different states, but they are |
| The following are the most common types of | | | | headquartered in just one state. The same goes |
| unclaimed property in Nevada: Stocks, Checking | | | | for insurance carriers. Even if a company has |
| Savings Accounts, Death Benefits, Vendor | | | | locations in 20 states, including Nevada, if the |
| Checks, Over-Payments, Certificates of Deposits, | | | | company they use for employee insurance |
| Paid-in-full Life Insurance, Uncashed Checks, Unpaid | | | | benefits is located in some other state, Nevada |
| Wages, Money Orders, Credit Balances, Refunds, | | | | would never have a record of that money. |
| Dividends, Commissions, Insurance Payments, Gift | | | | In addition to the issues raised above, there are |
| Certificates, Customer Deposits. If you or anyone | | | | countless problems that people often run in to |
| you know have ever had any of these, you owe | | | | when searching for unclaimed money in Nevada, |
| it to yourself to learn the proper way to search | | | | which make it all the more important you get |
| for missing money. | | | | expert assistance in tracking down your money. |