State's unclaimed property list published today

By Special to the American Press

Check out the legal advertising in today’s American Press to see if you have money coming to you in this year’s Louisiana

unclaimed property list.

State Treasurer John Kennedy said the treasury has $518 million that needs to get to its rightful owners. In fact, one in

six residents has unclaimed property — and the average refund is $300-$400.

“Louisianians have much better odds

finding unclaimed money listed with the state than they would of winning

money playing

the lottery,” he said in an email. “I encourage everyone to check

the listings at www.LATreasury.com for your name, and the

names of your family members, friends and neighbors, too.”

According to Kennedy, unclaimed

property is money held by businesses and other entities. When it goes

unclaimed, it has to

be turned over to the state. Common sources of unclaimed property

include savings and checking accounts; uncashed payroll

checks; certificates of deposit, stocks and dividends; insurance

proceeds; oil and gas royalty payments and utility deposits.

“When a business cannot locate an

individual the unclaimed property belongs to, usually because of a wrong

address, the money

is turned over to the state for safekeeping,” Kennedy said. “The

Unclaimed Property Program had a record-breaking year, collecting

$73 million in unclaimed money and reuniting $27 million with the

rightful owners,” he said.

Since 1972, the unclaimed property program has returned nearly $270 million to more than 200,000 Louisiana residents.

To search the Louisiana unclaimed property listings and submit a claim online, visit www.LATreasury.com or call 1-888-925-4127

weekdays between 8 a.m. and 4:30 p.m.