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Mo. treasurer to help elderly claim property

Mo. treasurer to help elderly claim property

September 28th, 2012 in News

KANSAS CITY, Mo. (AP) - State Treasurer Clint Zweifel (ZWY'-ful) is working with the AARP to help older Missourians recover unclaimed property.

Zweifel and members of the organization announced a new education initiative on unclaimed property Thursday in Kansas City.

Unclaimed property includes cash from dormant bank accounts, items in safety deposit boxes and other assets turned over to the treasurer's office by banks, insurance companies and government agencies. Zweifel's office estimates it's holding onto about $700 million in unclaimed property.

Zweifel says he has assigned a staff member to answer questions from older Missourians about recovering such property. The AARP is also planning to hold meetings on the topic.