Unclaimed property is registered with the state after its holding period expires. Texas state controller is responsible for the administration of the Texas unclaimed property program. Property is eventually turned over to the state by the holding institutions.

State government of Texas never takes the ownership of the unclaimed proceeds. They are returned to the rightful owners if they file the claim. State government of Tennessee is making proactive attempts to ensure that they find the rightful owners and help them claim their funds easily. Some of the initiatives include:

• Newspaper inserts are published once a year which contains names of people with unclaimed property
• State participates in Texas state fair and displays the name of unclaimed owners
• Organizing road shows to showcase their services
• Sending notices to the owners on their last known address
• Sharing their database information with nationalized databases

Prospective claimants to Texas unclaimed property can download the claim form and send it back to state after filling it. Claimant’s can track the status of their claims by keying in the 8-digit claim number on the state’s website. Filing the claim is free of cost in the state of Texas. It is strongly recommended not to pay to any heir locator or researcher agency that promises to help you claim. Their services might attract a service fee which can be avoided. Don’t wait anymore in anxiety. Searching and claiming for your unclaimed property has become a lot easier now than ever before. You never know if state government of Texas might have a pleasant surprise to delight you!