Ohio is known for Cedar point, Rock and Roll Hall of Fame, and Pro Football Hall of Fame. In fact, the only thing that could make life in Ohio better was if you had a bit more money to spend on all those attractions. If you are looking for some extra money, you might be able to skip the lottery ticket and bet on a sure thing instead.
Like other states, the state of Ohio maintains an exhaustive database, one that is currently overflowing with unclaimed property. That cash and property has many stories to tell, but it all has one thing in common – it is waiting to be reunited with its rightful owner, and if your search comes up you could walk away with the loot. Here are the steps you need to take to search for unclaimed property in the state of Ohio.
1.Start your search at the dedicated website the state of Ohio maintains to help reunite current and former residents with their property. The URL of the website is ohio.gov/wps/portal/gov/site/residents/resources/unclaimed-funds.
2.Enter your information in the claim form. You can conduct a search for personal property by entering your name or do a business search by entering the name of your business.
3.Review the list of results carefully to see if you have any unclaimed property in the database. Take note of details like the opening date of bank accounts, the dates of insurance proceeds and inheritances, and the full names and titles of the last reported owners.
4.Complete a claim form if you believe any of the property listed in the search results belongs to you. You may be asked to provide additional documentation and verification to prove your ownership, so take note of what is required and be prepared to send it in or upload it.
5.Check back to see the status of your ongoing claim. The amount of time required to process a claim for the property will vary depending on the workload of the state workers and the complexity and volume of the claims received.
6.Enjoy your newfound cash.
Now that you know how to search for unclaimed property in the state of Ohio, you may be curious about how those millions of dollars ended up there in the first place. The answer is complicated, and there are many different types of assets that can land in the state coffers.
In some cases, the state may become the temporary recipient of an old bank account that was forgotten by a former state resident who has now moved away. When the bank is unable to contact the owner, the money is safeguarded in the database. The same is true of unclaimed tax refunds, old insurance proceeds, and even inheritances. No matter what form it takes, however, searching the Ohio database of the unclaimed property could make you wealthier and happier for the effort.