Frequently Asked Questions

How will I receive payment?

You will receive a warrant (a check from the state) in the mail from the State Controller’s Office. There is no option for direct deposit for unclaimed property payments.

How long will it take to receive payment?

After you mail in your claim forms and the State receives all required documentation, simple cash claims may be processed within 30 to 60 days. More complex claims involving high-dollar cash properties, securities, or claims filed by heirs are generally processed within 180 days.

Do I need to notarize the claim forms you prepared for me?

Your signature must be notarized only if the claim amount is $1,000.00 or greater. All claims for Securities and/or Safe Deposit Boxes must be notarized.

How do I file a claim for a deceased owner?

You may file a claim for the property of a deceased owner if you are an heir, trustee, or personal representative/executor/administrator. Please contact us about the filing instructions for deceased owner claims for the documentation you will need to submit to prove ownership.

What documentation is required to show proof of my name change?

You will need to provide documents, such as a marriage certificate or court documents, that establish you are the person whose name appears on the unclaimed property account. Please contact us about details on the documentation needed to verify ownership.

If I owe money to a state or local agency, will that affect my claim payment?

California Government Code Sections 926.8 and 12419, allows the Franchise Tax Board to intercept payments from the state lottery, tax refunds, and unclaimed property funds for debts owed to state, city, or county agencies. The State Controller’s Office intercepts only the amount owed, and the intercept will apply even if you are in an installment agreement with the agency. If you have questions or disagree with the intercept, you may call the agency listed on the intercept notice that is mailed to you. The State Controller’s Office Unclaimed Property Division has no information on debts owed.

Pennsylvania- contact us for details

Do I need to pay taxes on my property?

The State Controller’s Office, Unclaimed Property Division, does not withhold taxes from unclaimed property payments. For advice and information concerning your specific tax situation, consult your tax adviser.