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2013-08-08

Helping residents claim cash, save for college

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Bandera County residents who think - or hope - they might have some money waiting in the state's Unclaimed Property database can search the list at an event hosted by the Texas Comptroller's office and Bandera County Treasurer Billie J. Reeves.
In addition, at the same event, residents will have an opportunity to speak with representatives about the state's prepaid college tuition program - the Texas Tuition Promise Fund (TTPF).
Unclaimed Property representatives will be available to help people search for unclaimed property online, fill out claim forms and answer questions from noon to 6 pm, Monday, August 12, at the Lakehills Community Library, 7200 FM 1283, in Lakehills, and from noon to 6 pm, Tuesday, August 13, at the Bandera County Public Library, 515 Main Street, in Bandera.
"There is currently about $3 billion in property that has not been claimed and approximately $800 million in shared property that has been partially claimed and paid to some of the owners," said Texas Comptroller Susan Combs. "That money belongs to Texans, and it is important that we get it back into the right hands."
The Comptroller's office reports that Bandera County residents currently have more than $972,000 waiting to be claimed.
According to estimates, one in four Texans has money waiting to be claimed. Unclaimed property includes forgotten utility deposits or other refunds, insurance proceeds, mineral interest or royalty payments, dormant bank accounts and abandoned safe deposit box contents. To search for unclaimed property at any time, visit the Comptroller's unclaimed property website at www.ClaimItTexas.org or call 1-800-654-FIND (3463).
In addition, a TTPF representative will discuss the advantages and enrollment opportunities for the state's prepaid tuition program, benefiting Texas parents who are interested in saving for their children's college education.