AIM Asset Recovery

Locating unclaimed funds just got easier

Did you know that State agencies are holding billions of dollars in unclaimed property and money? And did you know that when contact with the owner of unclaimed property is lost-typically due to death, an unreported address change, or the expiration of a postal forwarding order-the State considers the assets abandoned?

When owners or heirs fail to claim the money over a specified number of years, known as the dormancy period, those left holding the abandoned funds-including banks, stock brokers, utilities, employers, life insurance companies and others-transfer the funds to a government unclaimed property trust account.

Virtually no effort is made to find the rightful owners and the process can be complicated and frustrating if the rightful owners try to navigate the system on their own.

AIM Asset Recovery is a unique program designed to assist in recovering unclaimed funds.

In fiscal year 2007, $1.75 billion was returned to the rightful owners across the country. Funds can come from a variety of sources including:

  • Foreclosures
  • Estates
  • Insurance proceeds
  • Un-cashed checks or stale-dated checks
  • Tax refunds and overpayments
  • Dormant bank accounts
  • Lost stock certificates

How does the service work?

The user is required to complete an online form that provides a history of past physical addresses and an email address. Once the form is completed and submitted, an email will be generated indicating the timeline needed to locate funds. If funds are recovered, the user will be notified by email.

Where does this money come from?

The funds we locate come from a variety of sources. Anything from dormant bank accounts to lost tax refunds can show up in our searches. Most of the funds found are currently being held by government agencies.

Why can't I get this money myself?

Frankly, if you could, you probably already would have. AIM Asset Recovery Program is a sophisticated research resource with superior retrieval techniques that allow AIM Asset Recovery the ability to locate and recover these cash assets. On your own, you would have to first locate the source of the funds and then go through the entire recovery process. AIM Asset Recovery provides the experience and specialized knowledge needed to be successful.

This service is provided through OneBeacon Services, a wholly owned entity of OneBeacon Insurance Group. Some services offered through OneBeacon Services may be provided by third-party vendors.

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To learn more call a TRIG representative today at 610-388-8404

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