At last check, over $3.4 million in unclaimed property value has been returned to residents in the eight 109th Legislative District counties.
ICASH IL TREASURER FREE
While the State Treasurer is legally required to return the property to the rightful owner, no matter how long it takes, it’s free and it’s easy to check by going to the “I-Cash” search option online at In fact, folks are encouraged to check the state website for unclaimed property at least twice each year. Examples of unclaimed property include unpaid life insurance benefits, forgotten bank accounts, unused rebate cards, and more. Voters in 1848 chose to make it an elected office.(LOUISVILLE) State Representative Darren Bailey continues to work with the State Treasurer’s Office to help remind people that they should check to see if the State of Illinois is holding any cash or property that belongs to them. The Treasurer’s Office predates Illinois incorporation in 1818. Frerichs’ office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities to save without losing government benefits, and removing barriers to a secure retirement. The portfolio includes $26 billion in state funds, $17 billion in retirement and college savings plans and $9 billion on behalf of local and state governments. Visit the iCash website at find out if any unclaimed property is waiting for you.Īs Illinois State Treasurer, Michael Frerichs (FRAIR’-iks) is the state’s Chief Investment and Banking Officer and actively manages approximately $52 billion. The office also conducts an annual, in-person auction of unclaimed property during the Illinois State Fair in August.Īn estimated one-in-four adults in Illinois who search the state’s unclaimed property website, also known as iCash, find unclaimed property that should be returned to them. Aug(SPRINGFIELD, Ill.) 'We have been getting reports of individuals who accidentally go to the wrong website and are asked to provide credit card information in order to find their. The treasurer’s office conducts online auctions of unclaimed property periodically throughout the year because it does not have the physical space to store the items forever. All auction proceeds will be held for the rightful owners, no matter how long it takes. Items considered for auction typically have not been touched by their owners for 10 years. Items are surrendered to the treasurer’s office after private entities have tried for several years to locate the owner. The treasurer’s office is the custodian of unclaimed property, including lost bank accounts, insurance policy proceeds, unpaid rebate cards, and safe deposit boxes. Same name, old address: if Acting on behalf of the listed owner, copy of POA or Letters of Guardianship. If asset is jointly owned, signature of co-owner or copy of death certificate.
ICASH IL TREASURER REGISTRATION
The registration process is simple: Go to / and select the tab labeled “Register now.” For questions, call 217.557.8567. Completed claim form, if claim over 2000, safe deposit box, or securities, notarized signature required. To be eligible to participate in the auction, prospective bidders must register with iBid if they have not previously done so. To view auction items, go to / and select the tab labeled “Storefronts.” Scroll down to the Illinois State Treasurer Unclaimed Property Auction, select it and then click on the tab labeled “Upcoming Store Items.” Among the other available items are Beanie Babies stuffed toys, collectible sports items and cards, fine jewelry, coins and currency from the United States and other countries, Elvis Presley memorabilia, comic books and costume jewelry. Items to be auctioned include a 14-karat gold link bracelet, Victorian trade cards and a 1924 Saint‑Gaudens $20 U.S. “Jewelry, cards, and souvenirs could be a wonderful addition to a personal collection or a unique gift to a friend of relative.” “The online auction is an excellent and convenient opportunity to shop for collectibles and other memorabilia,” said Illinois State Treasurer Michael Frerichs, whose office oversees unclaimed property in Illinois. SPRINGFIELD – Collectible coins, sports cards and jewelry are among the more than 500 unclaimed property items to be auctioned online from April 3 through April 7. Prospective Bidders Must Register to Participate THE FOLLOWING IS AN ILLINOIS STATE TREASURER’S OFFICE RELEASE
0 kommentar(er)
