DES MOINES, IA (10/19/2015)(readMedia)-- You don't have to dress up this Halloween to find goodies. State Treasurer Michael L. Fitzgerald wants you to know there are plenty of treats in the form of unclaimed property in the Great Iowa Treasure Hunt. "There are no tricks, only treats," Fitzgerald stated. "Finding and receiving unclaimed property is an easy process. The thought of losing track of one's assets is what is truly frightening."
"Anybody can have unclaimed property in the Great Iowa Treasure Hunt, which is why we encourage everyone to search for their name," Fitzgerald added. "We are holding property for a lot of royalty, from Kings to Queens, and even one for the Princess Theatre in Mapleton." The Great Iowa Treasure Hunt also has unclaimed assets for Charlie Brown, a few Batmans, many Sparrows but no Jack, two Monsters, several Sherlocks and a few Angels.
The Great Iowa Treasure Hunt program has returned over $199 million in unclaimed property to more than 468,000 people since Fitzgerald created it in 1983. Unclaimed property refers to money and other assets held by financial institutions or companies that have lost contact with the property's owner for a specific period of time. State law requires these institutions and companies to annually report unclaimed property to the state treasurer's office. The assets are then held until the owner or heir of the property is found. Common forms of unclaimed property include savings or checking accounts, stocks, uncashed checks, life insurance policies, utility security deposits and safe deposit box contents.
(@GreatIATreasure).
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