Frequently Asked Questions/Answers

Category:  Unclaimed Property

WHAT IS UNCLAIMED PROPERTY?

Generally, unclaimed property is any financial asset that hasn't had owner​ activity​ for a period of one year or more and the holder of the asset is not able to contact the owner. This includes:

  • Savings accounts

  • Checking accounts

  • Uncashed dividends

  • Stocks and mutual funds

  • Customer deposits or overpayments

  • Certificates of deposit

  • Credit balances

  • Refunds

  • Matured life insurance policies

  • Uncashed death benefit checks

The unclaimed property law also requires that utility deposits, unclaimed wages and property resulting from a business closure, be reported as unclaimed property after one year of inactivity. The law does not include real estate.


 

 

 

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Wisconsin Office of the State Treasurer
Physical Address:   B38 W State Capitol, Madison, Wisconsin   -    Mailing Address:   PO Box 7871 Madison, WI 53707
Phone: 608-266-1714
Treasurer@wisconsin.gov


PROCEDURE FOR MAKING REQUESTS
Effective January 1, 2017, the Office of Wisconsin State Treasurer (OST) will follow the same fee guidelines for records requests as the Wisconsin Department of Administration.