I don’t work for MA unclaimed property, but I do work in the industry so I have a little insight. Each state has different statutes on the minimum amount that they will advertise (put on the website) or cut a check for. Some states do give claimants the option of donating their funds to charity. Some states even absorb those funds after they are left unclaimed for a set amount of time and the appropriate efforts are made to contact the owner. But basically it’s all based on state statute, and MA is a bit strict with their requirements.
caffeinatedcannamom t1_iqwh9ep wrote
Reply to Does anyone use FindMassMoney and actually get money back? by LeslieMarston
I don’t work for MA unclaimed property, but I do work in the industry so I have a little insight. Each state has different statutes on the minimum amount that they will advertise (put on the website) or cut a check for. Some states do give claimants the option of donating their funds to charity. Some states even absorb those funds after they are left unclaimed for a set amount of time and the appropriate efforts are made to contact the owner. But basically it’s all based on state statute, and MA is a bit strict with their requirements.