AUGUSTA – State Sen. Dave Woodsome, R-Waterboro, has announced the addition of $12.1 million to Maine’s Unclaimed Property Fund.

The property consists of financial assets that have gone unclaimed by their owners. The last known owner’s information is now available on the Maine Treasurer’s Website: https://maineunclaimedproperty.gov/

In total, the state treasurer has more than $249 million of unclaimed property from over 67,000 individual properties.

Woodsome, who serves Senate District 33,  in a news release urged area residents to search their names for missing property that rightfully belongs to them.

Unclaimed property includes cash and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of time. It includes, among other items, checking accounts, certificates of deposit, over payments, gift certificates, paid-up life insurance policies, unpaid wages, uncashed checks, death benefits, dividends, insurance payments, refunds, savings accounts, stocks and contents of safe deposit boxes. Unclaimed property does not include real estate, animals or vehicles.

Millions of dollars are turned over annually to the Maine State Treasurer Office by entities who cannot locate the owners.
Those who find their name on the list should file their claim electronically.

Woodsome urged consumers to be wary of scammers who charge a fee to file a claim.

“You do not need to pay anyone to file your claim,” said Woodsome. “Filing a claim is both easy and free.”