Trimble County to host event for unclaimed cash
Treasury has more than 20,000 items to be returned
Wednesday, April 17, 2013 11:00 AM
Lost or misplaced property might be making its way back to rightful owners in Trimble County in the coming weeks.
Kentucky Treasurer Todd Hollenbach visited Trimble County Judge-Executive Jerry Powell on Monday to discuss unclaimed property the treasurer currently holds for Kentucky residents.
Hollenbach plans to host a "Treasure Finders" event in Bedford to help county residents find and claim property that has been misplaced or lost throughout the years.
"The Treasure Finders program partners with local volunteers in each county," Hollenbach said in a release. "We roll up our sleeves and work hard to locate potential claimants. Our goal is to return every dollar possible."
The state's Treasury works with local volunteers to establish a phone bank, look over the unclaimed property listings and call residents to inform them of unclaimed items under their name. Residents will then be instructed on how to claim their property from the Treasury.
A Treasure Finders event will be held at the Trimble County Fiscal Court building on April 23 from 10 a.m. to 2 p.m. Volunteers will be on hand to call area residents, and people are welcome to stop by to see if any unclaimed property is on record with the state, Powell said.
"Most of the properties are in the form of cash, from old insurance policies to stocks and bonds to leftover bank accounts," Hollenbach said in the release. "There are also more than 20,000 unclaimed items stored in the Treasury vault including a Joe DiMaggio autographed baseball, some silver bullion, jewelry and gold coins. It's our duty to help return these items to the rightful owners."
The Kentucky Treasury returns millions of dollars in unclaimed property to Kentucky residents. Since 2008, the Treasury has returned a record $76 million in unclaimed property, the release said. The Commonwealth currently holds more than $300 million worth of unclaimed property for over 200,000 people, the Treasury website said.
Residents have a few ways to search for unclaimed property, other than waiting for the Treasure Finders event. Records are available online at www.kytreasury.com under the "Unclaimed Property Search" or by phone at (800) 465-4722.
People interested in volunteering to work during the Trimble County Treasure Finders event from 10 a.m. to 2 p.m. may call the Trimble County Fiscal Court office at (502) 255-7196 for more information.