Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a qualified attorney for guidance on your specific situation.
Detailed Answer
Understanding Unclaimed Property Under Idaho Law
In Idaho, unclaimed property falls under the Uniform Disposition of Unclaimed Property Act (Idaho Code §§ 48-501–48-527). When a financial institution or business holds funds or assets (e.g., bank accounts, safe-deposit contents, insurance benefits) without owner activity for three years, it must report and remit those assets to the State Treasurer’s Unclaimed Property Program.
How Heirs Locate Unclaimed Property
- Search the Idaho Unclaimed Property Database: Visit the Idaho State Treasurer’s website or MissingMoney.com to enter the deceased’s name and possible aliases.
- Contact the Unclaimed Property Division: If you find a match, note the owner reference number and contact the Idaho State Treasurer’s Unclaimed Property Division at https://sto.idaho.gov/unclaimed/.
- Check Probate Records: Sometimes unclaimed assets do not appear online. Review the county probate court filings in the county where the relative lived or held assets.
How Heirs Claim Unclaimed Property
- Gather Required Documents:
- Certified death certificate.
- Proof of heirship, such as a will, letters testamentary, or affidavit of heirship (per Idaho Code § 48-515).
- Government photo ID for each claimant.
- Complete the Claim Form: Download the claim form from the Unclaimed Property website. Provide accurate information about your relationship and the property.
- Submit Your Claim: Mail or upload the form and supporting documents. The division typically reviews complete claims within 30–60 days.
- Receive Your Property: Once approved, the state issues a check or returns tangible items to the rightful heir(s).
Helpful Hints
- Use all known name variations, including middle names and maiden names, during your search.
- Search in neighboring states if the relative lived near a border or moved frequently.
- Keep organized copies of every form and document you submit.
- Follow up with the Unclaimed Property Division if you do not hear back within 60 days.
- Consider hiring a probate attorney if you encounter obstacles or complex estates.