Utah state Treasurer David Damschen announced that his office has some $54.8 million in property lost during 2018 that is awaiting claim by its rightful owners.
“We receive tens of millions of dollars in new unclaimed property each year, so the odds are good that you or a relative have unclaimed property,” Damschen said in a prepared statement. A news release Monday said unclaimed property can be anything from a forgotten utility deposit to a deceased relative’s life insurance.
While much of the property is money, the treasurer’s office said it often receives various collector’s items from abandoned safe-deposit boxes.