Comments on: How does a person find a lost bank account? http://bankfly.com/265/how-does-a-person-find-a-lost-bank-account/ Best Banking Market Resource | Financial Blog Thu, 30 Sep 2010 04:03:35 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: STEVEN F http://bankfly.com/265/how-does-a-person-find-a-lost-bank-account/comment-page-1/#comment-286 STEVEN F Fri, 19 Feb 2010 07:05:21 +0000 http://bankfly.com/265/how-does-a-person-find-a-lost-bank-account/#comment-286 If the accounts have been dormant (no transactions) for 7 years, they have been turned over to the state. Search the states website for 'missing money' to find out what you need to claim the funds. It is also possible to mail copies of the documents to the banks and request information on any accounts the person may have. If the accounts have been dormant (no transactions) for 7 years, they have been turned over to the state. Search the states website for ‘missing money’ to find out what you need to claim the funds.
It is also possible to mail copies of the documents to the banks and request information on any accounts the person may have.

]]> By: Andrea http://bankfly.com/265/how-does-a-person-find-a-lost-bank-account/comment-page-1/#comment-285 Andrea Thu, 18 Feb 2010 22:48:40 +0000 http://bankfly.com/265/how-does-a-person-find-a-lost-bank-account/#comment-285 The first place I would check is their tax records. If they have any interest-bearing accounts earning over $10 interest per year, it will be reported to the IRS and the taxpayer so the names of the banks will be on those forms. If the person is still alive, you would need a power of attorney to act on their behalf to allow banks to release any information to you. If the person is deceased, you would need to be the executor to get any information. Another place you may want to check is the state's unclaimed property website. If the accounts have laid dormant for a long time, they may have been turned over to the state. Most states have searchable databases online. Good luck. The first place I would check is their tax records. If they have any interest-bearing accounts earning over $10 interest per year, it will be reported to the IRS and the taxpayer so the names of the banks will be on those forms.

If the person is still alive, you would need a power of attorney to act on their behalf to allow banks to release any information to you. If the person is deceased, you would need to be the executor to get any information.

Another place you may want to check is the state’s unclaimed property website. If the accounts have laid dormant for a long time, they may have been turned over to the state. Most states have searchable databases online.

Good luck.

]]> By: Worldly25 http://bankfly.com/265/how-does-a-person-find-a-lost-bank-account/comment-page-1/#comment-284 Worldly25 Wed, 17 Feb 2010 13:54:09 +0000 http://bankfly.com/265/how-does-a-person-find-a-lost-bank-account/#comment-284 With power of Attorney or as executor you can write to the banks and ask With power of Attorney or as executor you can write to the banks and ask

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