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Treasurer’s office has announced that they have collected and returned record amounts of unclaimed property in Vermont. The treasurer’s office, under the leadership of Treasurer Beth Pearce, has recently revealed that they have collected over $84 million in unclaimed property in the last fiscal year, which is a significant increase from previous years.
Unclaimed property includes forgotten bank accounts, insurance policies, utility deposits, and other financial assets that have been abandoned by their owners. The treasurer’s office works diligently to locate the rightful owners of this unclaimed property and return it to them. In the last fiscal year alone, they were able to return over $13 million to Vermont residents, a new record for the state.
Treasurer Pearce emphasized the importance of returning unclaimed property to its rightful owners, stating that it is a key part of the office’s mission to protect and safeguard Vermonters’ financial assets. She also highlighted the treasurer’s office’s efforts to increase awareness about unclaimed property and encourage residents to check if they are owed any money.
The treasurer’s office has made it easier for residents to search for and claim unclaimed property by launching an online database where individuals can input their names and easily locate any unclaimed assets in their name. They have also held outreach events in communities across the state to help educate residents about unclaimed property and the process for claiming it.
Overall, the treasurer’s office’s success in collecting and returning record amounts of unclaimed property reflects their commitment to serving the people of Vermont and ensuring that their financial assets are protected and returned to them. Residents are encouraged to check the treasurer’s office’s online database to see if they have any unclaimed property waiting for them.
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