Did you know you could have unclaimed money from old accounts waiting for you? Watch this week's Arista Advice to find out how to check and claim your money.
Hello, welcome to Arista Advice.
Question of the week is: "Paul, where do I find refunds from old accounts?"
As many people have been refinancing their homes because of low interest rates in the last 3-4 months. They have old escrow accounts that have money in them and credits that never got forwarded.
The state of Nevada has 650 million dollars of unclaimed property. The state of California 2.2 billion dollars of unclaimed property. Every state in the union has millions and billions of dollars that have gone unclaimed because of settlements, life insurance, escrow, and mortgage credits that have never found the owner of those assets.
Let me share with you a couple websites that you can go to to see if you are owed some money that we can get you better connected with.
Number one: nevadaunclaimedproperty.gov, claimitnevada.org, and one that does a filtering or an aggregation of all of the states missingmoney.com. I invite you to go look at that.
In preparation for this topic, I went and did it myself. I found $295 from an escrow account from our prior home that I lived in four years ago that never caught up to me and my wonderful wife, even though we check our mail every day. Also just a few years ago a client and his wife came in. We sat down and before they came in, I went and searched for it. Did you know that I found $22,000 and the wonderful, kind, humble wife said to me "How soon can we get that? We want to buy a new car."
Please go to missingmoney.com, and go to other states' unclaimed property and see if there's some money that is owed to you that needs to get connected to you and in your pocket.
Hope you're well. Have a great week. And please remember to go to AristaWealth.com to get tools, tips, and other videos to help you with you financial planning.