TALLAHASSEE, Fla. – Over the past seven years, over $2.5 billion in unclaimed property has been returned to people by the state of Florida.
This includes tangible items like jewelry, coins, and precious metals like silver — though it also entails unclaimed bank accounts, stock dividends, and utility or rent deposits.
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According to Florida CFO Jimmy Patronis, around one-in-five Floridians has some type of unclaimed property.
“There is just money waiting to be claimed. Just because you check it today, I’d (still) check it a month from now,” he said. “We are constantly, every single day, updating that database with new accounts.”
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Patronis explained that each month, there are plenty of safety deposit boxes that go “dormant,” which means they get reverted to the state. But that doesn’t mean it’s too late for its owner to claim it.
The following types of unclaimed property are considered the most common:
- Dormant bank accounts
- Unclaimed insurance proceeds
- Stocks
- Dividends
- Uncashed checks
- Deposits
- Credit balances
- Refunds
- Contents in abandoned safe deposit boxes
Just this year, Patronis sent a letter to former President Donald Trump about $54,000 in unclaimed property he had in the state.
To check whether you have any unclaimed property in Florida, you can head to the Florida Department of Financial Services’ website here.
Submit your name and city, and if there’s any unclaimed property on record, the website will show you what it is.
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