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The state could be holding YOUR money 💰Ever heard of escheat or unclaimed property? If you’ve had an old bank account, uncashed check, lost paycheck, or moved states, your money may have been sent to the state — and you have the legal right to claim it back. Many people never search their state unclaimed property database and leave money behind. 👉 Search the states where you’ve lived 👉 File an unclaimed property claim 👉 Get your money back — it doesn’t belong to the state Save this video and
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Escheatment is a legal process by which a state claims ownership of financial accounts or property… That looks abandoned due to prolonged inactivity or the absence of an owner. This process ensures that assets are not left unclaimed indefinitely. How much inactivity it takes to have this happen is usually a few years but it depends on the state. | Preston Seo | Legacy Investing Show 💸
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