Charleston County Treasurer’s Office to assist citizens with State Treasurer Loftis' unclaimed property program
Thursday, April 28, 2016
The Charleston County Treasurer’s Office is offering direct assistance to citizens eligible to collect unclaimed funds under South Carolina’s Unclaimed Property Program. Staff will provide information and resources to help citizens search for available funds and the county website will have a direct link to the State Treasurer’s Unclaimed Property website.
“This money belongs to our citizens and we are excited to help them through the process,” said County Treasurer Andrew Smith. “We’ll have a point person in our office to help with applying for unclaimed funds, verification documents and any other related questions.”
Annually, close to 20 million dollars are returned to the South Carolina State Treasurer’s Office through a number of sources including uncashed paychecks, dividend checks, dormant bank accounts, life insurance settlements, etc. The money is held until the legal owner is found or comes forward to claim the funds. To date, there is approximately $503 million available in unclaimed funds, according to the State Treasurer’s website.
“County Treasurer Andrew Smith is displaying initiative to bring millions of dollars back to people and businesses of Charleston County. You could be richer than you think, there is close to $43 million in over 250,000 accounts waiting to be claimed from Charleston County. I want you to discover what is yours and reclaim your property,” said Curtis M. Loftis, Jr., South Carolina State Treasurer.
The Charleston County Treasurer’s Office collects real, personal, motor vehicle and other taxes and oversees their disbursement to County government, municipalities, schools and special taxing districts in Charleston County. The Treasurer’s Office also maintains records of revenues collected by these districts and invests any funds not immediately needed for disbursement.
via The Moultrie News on April 28, 2016