The state feels no obligation to seek out the owners of funds they hold. They get the interest on money they hold. They don't even bother to match owners to drivers licenses. You will need to file for probate to claim the money. Give me a call, or email: dlgesq@AOL.com. Diane
Be sure to designate "best answer." If you live in Oregon, you may call me for more detailed advice, 503-650-9662. Please be aware that each answer on this website is based upon the facts, or lack thereof, provided in the question. To be sure you get complete and comprehensive answers, based upon the totality of your situation, contact a local attorney who specializes in the area of law that involves your legal problem. Diane L. Gruber has been practicing law in Oregon for 26 years, specializing in family law, bankruptcy, estate planning and probate. Note: Diane L. Gruber does not represent you until a written fee agreement has been signed by you and Diane L. Gruber, and the fee listed in the agreement has been paid.
I agree with Ms. Gruber, there really isn't much of a motivation for them to have sought you out. It's frustrating, but at least you now know about this and can get at it. I don't do probate law, but I'd be happy to make recommendations for you and, of course, you can always call Ms. Gruber as well.
I'm not sure that I agree with Ms. Gruber. You can run a search under your name for property held by the state, then follow the directions on the website to have them release the funds to you. If you do not claim it after a certain period of time, Oregon releases the money into the General Education Fund (I believe that's it, we just had a probate for a client with no heirs, no will, and the State took over. That's what they told us I think it was.) I personally had royalties from work on something from years ago that was Disney - $500+. I didn't claim it in time and the next time I looked it wasn't there. I assume they released it. Now I have one
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