Unclaimed Money Nevada—Is Any of It Yours?
Billions of dollars in the United States are kept at State Treasurers’ Offices because the owner is unknown.
More than $830 million in unclaimed money is located in Nevada, and some of it may belong to you! You only need to check, and that process is fairly simple. Find out how to see if you have the rights to claim any of those ownerless assets with our help!
Types of Unclaimed Money in Nevada
Property for which there has been no contact or activity with the owner for one to three years are considered abandoned in Nevada. The exact period depends on the property type. When this time passes, the money is transferred to the State Treasurer, who is in charge of keeping this property safe.
Check out this table to find out what is and isn’t considered unclaimed property in Nevada:
|Is It Unclaimed Property?|
How To Find Unclaimed Money in Nevada Yourself
In case you want to check if any of the millions of unclaimed dollars in Nevada belong to you, search for unclaimed assets in this state at the Nevada State Treasurer’s website. This is what you need to do:
- Visit the State Treasurer’s website
- Go to the Search for Unclaimed Property section
- Click on Search for Unclaimed Property
- Choose Person or Business
- Type your last name, business, or property ID in the search field
- Select the Search Properties button
If you want to narrow your search, you can add your first name, middle initial, or city of residence.
In case there are any matches with your information, you will see 500 results displayed. You should know that claims can’t be paid based only on a name match, so you’ll have to provide other information to prove the assets belong to you.
What Proof of Ownership Do You Need To Claim Lost Money in Nevada?
Only certain entities can claim abandoned property:
- A rightful heir
- The reported owner
- An estate
- An authorized representative of the heir, owner, or estate or heir
Even if you fall into this category, you will need to have some proof to claim the money. In Nevada, mandatory proof of ownership is:
- A copy of your driver’s license or some other official photo identification
- A copy of your Social Security card or another official document where you can see a Social Security number. If a claim is under $500, the State Treasurer will accept a W-9
In case there is no Social Security number linked to the abandoned property, you need to provide documentation that shows a connection to the last known address. Depending on the case, other documents may be necessary as well.
Once you can prove that the abandoned property belongs to you, you may claim it. You don’t have to do so in person—most of such claims are dealt with by mail—but you can if you want to.
For safe deposit box content, you should call the State Treasurer’s office and see when you can pick up your property.
Look for Unclaimed Money in NV With DoNotPay and Locate It in No Time
The fastest and easiest way of locating unclaimed money across the states, including Nevada, is by using DoNotPay.
We will leave no stone unturned while searching through both federal and state databases. Other options require you to do the search for each state separately, and those are usually complicated processes.
If you wish for your virtual assistant to help you find unclaimed money in Nevada, follow these steps:
- Access DoNotPay from your web browser
- Find and click on the Missing Money feature
- Type in the required personal info
You can also include your middle name and your previous addresses to narrow down the results. DoNotPay will notify you if there is a match, and we will also file a claim for the property on your behalf. Find what is yours and claim it in no time with the help of your virtual assistant!
How Does Money Get Lost in Nevada?
Owners can lose their assets easier than expected. Even if people try to keep track of all of their accounts, sometimes a mistake can go unnoticed and lead to funds getting lost.
Some of the most common reasons money becomes unclaimed property are:
- Refunds that were not processed properly
- Utility deposits that were never returned
- Location changes without an address update
- Bank mistakes
- Lack of heirs after the account holder’s death
- Changes of the work environment without claiming a final paycheck
You can try to prevent your assets from becoming unclaimed by closely monitoring your bank accounts and cashing checks on a regular basis.
You should always have some kind of contact with your funds and respond to mail you get from banks. It would also be smart to trust your family members or legal representatives with important info regarding your funds in case something happens to you.
Is There a Time Limit To Claim Abandoned Property in Nevada?
There is no time limit for claiming abandoned money in Nevada. The state only acts as a custodian of this property, and the State Treasurer will keep the value of these assets safe in perpetuity. The money will be there until the rightful owner or heir comes to collect it.
Another significant fact to bear in mind is that there is no charge for this service, but you won’t receive interest for the time your assets were held in the State Treasurer’s Office either.
How Long Will It Take You To Receive Your Unclaimed Money in Nevada?
The State will do everything in its power to give the unclaimed money back to the rightful owners. The people in charge go through the claims in the order they receive them, and they will try to process them within 90 days.
You need to consider other factors regarding the process of reclaiming property that can affect how long it will take for you to get your money back:
- Dividend payments
Forget About Bureaucracy Issues With DoNotPay
In case you have other administrative troubles in Nevada, DoNotPay can help you deal with them without sweat.
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