Asset Planning, Inc Blog
California Unclaimed Property
Yesterday, I attended the Orange County Financial Planning meeting. The California State Controller - John Chiang, spoke to us about being controller of a state that is operating in a deficit. Once a balanced budget is passed, he is fairly confident that the state can pay its bills for the next 2 years. He is most concerned about 2012, because that is when the stimulus money is over and the temporary tax hikes expire. He recently set-up a website that shows what he can and cannot pay without an enacted budget. Here is the website:
www.sco.ca.gov/august_2010_payments.html
He also talked about the unclaimed property program that is run by his office. They have a system in which you can type in your name and they list all the money that is sitting unclaimed for you. There are forms that you have to complete and send in. I found $27.44 owed to me! This is from an old refinance I did a long time ago. The web site is www.sco.ca.gov. Look under the Featured Links Column and click on "Search for Unclaimed Property" and then click on "Start Your Search" . Good Luck!
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