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Gov. Whitmer Encourages Michiganders to Check State Website for Unclaimed Assets or Property; National Unclaimed Property Day is on Wednesday, Feb. 1
February 01, 2023
Today, Governor Gretchen Whitmer encouraged Michiganders to conduct a simple search online to see if they have any lost or abandoned property as a part of National Unclaimed Property Day.
“Unclaimed Property Day is our annual reminder that Michiganders should check to see if they have something in the state’s ‘lost and found box,’” said Governor Whitmer. “The Michigan Department of Treasury has returned more than $500 million in property to the rightful owners or their heirs over the last five years. Searching for property and filing a claim is as easy as a few clicks of a mouse. I encourage all Michigan residents and businesses to check if they have any lost property that needs to be reclaimed.”
To find out if you have cash or property, go directly to the Michigan's Unclaimed Property website, which provides enhanced search options and the ability to upload verifying documentation easily and securely. Individuals who live outside of the state of Michigan can check multiple states’ unclaimed property listings at www.UCPday.com.
The Michigan Department of Treasury has millions of dollars in lost or forgotten assets that includes dormant bank accounts, uncashed checks, valuables left in safe deposit boxes and stock certificates. These properties were all turned over to the state once they were determined to be abandoned as required by law.
The Michigan Department of Treasury is the custodian of these assets and reunites them with their owners -- or the owners' heirs -- when they are rightfully claimed.
Individuals are encouraged to search their name, a maiden name, or the name of a business or nonprofit. There is never a charge to search for and claim property.
Claimants may also call 517-636-5320 between 9 a.m. and 2 p.m., Monday through Friday.
“Everyone should take advantage of Unclaimed Property Day,” said State Treasurer Rachael Eubanks. “One in seven people has unclaimed property nationally. Take a little time today to search by name or business. My team is ready to help begin the process to reunite Michiganders with their unclaimed property.”
For businesses, corporations, nonprofits, public entities and other organizations holding unclaimed or abandoned property, instructions on how to prepare and easily submit your report and remittance online can be found on Michigan's Unclaimed Property website as well.
According to the National Association of Unclaimed Property Administrators, more than $2.87 billion dollars in unclaimed property was returned to rightful owners around the country in 2021. In Michigan, nearly $137 million was returned to rightful owners last year.
For more information about other services provided by the state Treasury Department, go to www.michigan.gov/treasury or follow @MITreasury on Twitter.
Ron Leix, Treasury, 517-335-2167