Category: DYK?

Did You Know? NFL Lockout Edition

Earlier this week, the National Football League and its Players’ Association agreed on a new collective bargaining agreement, meaning that football should go on uninterrupted for the next 10 years everywhere from New York to Los Angeles Oakland.  The recent dispute between the NFL and its players, of course, largely centered around money.  The NFL and the players each argued that the other was getting too much of it.

What does this have to do with unclaimed property?  Well, if the NFL and the Players’ Association want to bring in more revenue, they can start by collecting the amounts they are already owed.  The National Football League and the Players’ Association both have money waiting for them at the New York Office of Unclaimed Funds and the Washington DC CFO’s Office, respectively.  The New York Giants also have money waiting for them in New Jersey, which is, of course, the state in which they (as well as the Jets) are located.

Did You Know? – Going to Mars

It’s time again for Did You Know? On DYK days here at Escheatable, we try provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.

This trip to Mars is brought to you by unclaimed dividends.
According to this article in the San Francisco Chronicle, the State of California is holding $6.1 billion in unclaimed property (bringing in some $633 million in the past year).   To put that number is perspective, $6.1 billion is:

Did You Know? Tax Day (Except that tomorrow is a holiday in the District of Columbia, but is observed today, so tax day is now on Monday) Edition

It’s time again for Did You Know? On DYK days here at Escheatable, we try provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.

Today is Tax Day (although its really on Monday).  In any event, thousands of individuals are rushing to file their taxes and make payments (if necessary) to Uncle Sam.  Of course, as any unclaimed property professional knows, when so many payments are coming in at once, some are likely to get missed.  Uncle Sam, like other large organizations, is not immune.  In fact, according to a search done on Missing Money, the IRS or Internal Revenue Service has over 200 items of unclaimed property that are being held by the states.

Did You Know? Opening Day Edition.

It’s time again for Did You Know?  On DYK days here at Escheatable, we try provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.

Today is Major League Baseball’s Opening Day.  There are 6 games on today’s schedule, meaning that 12 teams start their quest today for the Championship Trophy With All The Little Flags (not sure if that’s the formal name, but it’s no Stanley Cup).  Among the teams playing today, the Atlanta Braves, Detroit Tigers, New York Yankees, Los Angeles Dodgers, Los Angeles/California/Anaheim/Los Angeles Angels of the Western United States, and San Francisco Giants all have property being held for them with their respective states’ unclaimed property department.  So, if they need a little cash at trade deadline time . . .

Did You Know? President’s Day Edition

 It’s time again for Did You Know?  On DYK days here at Escheatable, we try provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.

In honor of President’s Day, Escheatable is highlighting some of the unclaimed property owed to presidents.  New York, for example, is holding property for George Washington (as well as Bill Clinton and Martin Van Buren).  California is holding property for Abe Lincoln (and George W. Bush and John F. Kennedy).  New Jersey is holding property for its own Woodrow Wilson (he was born in Virginia, but ran for office as a resident of New Jersey).  Nor are only the most well-known presidents entitled to escheated funds.  There are items for Warren HardingRutherford Hayes, James K. Polk, and Grover Cleveland.  Even Sam Houston, the first (and third) President of The Republic of Texas is owed money in his (adopted) home state. 

As we celebrate President’s Day today, lets honor those who appear on our money by (among other things) teaching others how to find their own.

Did You Know? It’s a Small World After All

It’s time again for Did You Know?  On DYK days here at Escheatable, we try provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.

Meeska, Mooska, Mickey’s Unclaimed Refund!

Given the presence of a toddler around the Escheatable household, there is a fair amount of time spent with Mickey Mouse and his pals at the Mickey Mouse Clubhouse.  Apparently, when Mickey is not busy playing with his friends, he is buying software.  If you were ever wondering, it appears that Mickey is a “PC.”  According to the California Unclaimed Property Database, Mickey is owed about $50 from Microsoft.  It must be good to be Mickey, according to the claim form, he now lives in Beverly Hills.

Did You Know? Holiday Edition

It’s time again for Did You Know?  On Fridays here at Escheatable, we provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.

You had to see this coming, right?

We’ve spent a fair amount of time here at Escheatable marveling over all the people and entities that are owed unclaimed property, and by whom.  The Yankees are owed money from New York.  The State of California is owed money by the State of Delaware (as well as by *ahem* California).  In light of all that, it should perhaps be no surprise that the State of Wisconsin is holding unclaimed property for this gentleman.

Merry Christmas everyone!

Did You Know?

It’s time again for Did You Know?  On Fridays here at Escheatable, we provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.  Today’s entry is from Oregon:

I’ll have a beer.  And may I see your book of consigned baggage?

According to Oregon law, “When personal property is consigned to or deposited with . . . [a] tavern keeper . . . [he or she] shall immediately cause to be entered in a book kept by the consignee or bailee a description of such property, with the date of its reception.”

Or. Rev. Stat. 98.110

Did You Know?

It’s time again for Did You Know?  On Fridays here at Escheatable, we provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.

Here We Go Again – It’s the Thirty-First State.  The State Flower is the Poppy.  The State Grass is the Purple Needlegrass.  The State Fossil is Smilodon Fatalis.

Yesterday, we noted that Delaware published its annual list of unclaimed property, and that many of the listed owners are not Delaware residents.  A search of the Delaware database shows that Delaware is holding money owed to the State of California.  Delaware shouldn’t feel bad.  After all, it’s not the only state having trouble finding California.

Did You Know?

It’s time again for Did You Know?  On Fridays here at Escheatable, we provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.  Today’s entry is from California:

This is our new jungle gym.  It’s made entirely out of gold, jewels and empty safe deposit boxes.

Pursuant to California law, the Director of Parks and Recreation may “examine any tangible personal property” delivered to the Controller as unclaimed property to determine whether such property would be “useful” to the Parks Department.

Source:  Cal. Code Civ. Proc. Section 1567.