Louisiana Unclaimed Money Totals $330 Million

April 21st, 2022 by admin No comments »

Louisiana’s State Treasury Department has hundreds of millions worth of unclaimed property from lost assets that residents have abandoned or forgotten about. These assets include uncashed payroll checks, old bank accounts, stocks and stock dividends, royalties, utility deposits, interest payments, insurance proceeds, retirement benefits, and contents of abandoned safe deposit boxes.

By law, businesses and organizations are required to turn these over to the state if their owners don’t claim them after a period of 3-5 years for most assets. Unclaimed savings bonds make up a huge chunk of the $330 million total Louisiana unclaimed money. State Treasurer John Kennedy is trying to reunite matured forgotten U.S. savings bonds as well as other types of Louisiana lost property with roughly one in every six of the state’s residents.

In Baton Rouge alone over 80,000 people, due nearly $27 million, are listed in the Louisiana unclaimed property records. According to the State Treasurer, “The state owes Louisiana residents millions of dollars in unclaimed property, and we want to give this money back.” Louisiana’s Unclaimed Property Law requires the State Treasury Department to publish names of individuals and businesses who are owed money in newspapers throughout the state every year as well as make other efforts to reach out to the rightful owners.

At an “Awareness Day” held at the Lakeside Shopping Center recently, the Louisiana Department of Treasury gave-back $133,000 unclaimed money owed to residents of New Orleans. “This was one of the largest unclaimed property events we’ve ever had,” said Treasurer Kennedy. “We estimate that we had around 3,000 people in attendance over a five hour period. The average unclaimed property claim is typically around $200 to $400, but one individual at the mall claimed more than $20,000.”

A lot of people don’t know about government abandoned money and that’s one of the reasons why the total unclaimed property money in the U.S now totals roughly $35 billion. Hard to believe and a bit ironic, but people also lose track of their money in their haste to earn more of it- especially in the fast-paced lifestyles we lead now. Double-jobs, skipping from job to job, changing of address or names (due to marriage), retirement, and death can all cause us to lose track of financial assets belonging to us. Mailed checks and financial notices can get ‘sent back to sender’ if people forget to leave behind forwarding addresses (as in the case of emergencies). Disasters after hurricanes in the past have displaced multitudes of families, which is sure to cause the already whopping unclaimed property fund in Louisiana to balloon.

Government efforts to reach out to the owners of unclaimed money and property are already insufficient in returning all of the $330 million presently in the hands of the state. Residents are encouraged to take the initiative and do a search for lost money in Louisiana as well as other states. LA. unclaimed property claims for $250 and above must be notarized, but it’s possible to do an on-line claim for $249 an under. On-line searches can be relatively simple and quick- the key is knowing where to look.

How Your Business Is Perceived By Using Reputation Management

March 18th, 2022 by admin No comments »

Is it true that you are keen on finding out about dealing with your standing? Have you been searching for accommodating and solid data? Indeed, this article will ensure you get a few strong ideas. It will assist you with sorting out some way to more readily deal with your standing.

Posting data via online media locales is essential to your business’ standing. You should post a few times each week at any rate to actually run an advertising effort. Assuming you see that posting via online media locales is overpowering, consider recruiting an aide to make your posts for you.

At the point when individuals invest in some opportunity to offer something about your business, it is vital that you are sufficiently gracious to answer. While you might be an extremely bustling individual, it shows your crowd that you really care about them and what they need to say. This is imperative to keep a consistent client base.

At the point when you talk with your crowd, ensure that you do as such in a conversational tone. Individuals try to avoid the possibility of entrepreneurs continuously addressing them with promoting to them. While you would like to make a deal, you ought to never cause a client to feel like this is your main concern.

Be grateful. Assuming somebody leaves a decent audit about your organization, send them an individual message and express gratitude toward them for their criticism. On the off chance that conceivable, send your client a coupon for a specific percent off on their next buy as a much obliged. In the event that this is preposterous, earnestly say thanks to them for their input.

Assuming you will utilize anybody’s thoughts, you ought to constantly make a point to give them credit for that. Everybody out there can advance a little from others, so giving due credit will show individuals that you don’t think you are over that. This is an extraordinary method for getting their appreciation.