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County to help residents find lost 'treasure'

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Calen McKinney

reporter@cknj.com

The date is set for the county to help residents find "lost" money.

At Taylor County Fiscal Court's March meeting, magistrates voted to participate in Kentucky State Treasurer Todd Hollenbach's unclaimed property Treasure Finders program.

According to www.kytreasury.com, the program began as a way to help residents find their unclaimed property, including financial assets such as abandoned savings and checking accounts, non-cashed checks and travelers checks turned over to the state after a period of time.

In most cases, the website states, the owner has forgotten that the property or account exists or an owner has died and the heirs don't know about the property.

Magistrate Richard Phillips told his fellow magistrates that he learned about the program at a recent meeting and would like the county to participate.

As of that meeting, Phillips said, Taylor County residents had $588,000 in unclaimed money.

Phillips stated in a recent news release that a news conference to discuss the program will be Wednesday, May 23, from 11 to 11:45 a.m. at the Taylor County Fiscal Court meeting room at the Taylor County Courthouse.

Hollenbach is scheduled to attend and answer questions about the Treasure Finders program. The public is invited to attend.

The release states that the Treasure Finders event will be Friday, June 1, from 10 a.m. to 2 p.m. in the Fiscal Court meeting room.

"Anyone who would like to volunteer to look over the list to help 'find' recipients who may have unclaimed money, or anyone who would like to search for their own name on the unclaimed money list is welcome," Phillips said.

"Our goal is to get as much of that money to the rightful owner as possible. We are looking for volunteers who will bring their cell phone and a phone book."

The county will ask the volunteers to meet on June 1 and study the names of those who have unclaimed property. If the volunteers know the people, they can be contacted and given the property.

Phillips said www.kytreasury.com can be searched for specific residents' and business' names to see if they have unclaimed property.

There is no cost to the county to participate in the program.

For more information, visit www.kytreasury.com/treasure+finders.htm or call Phillips at 465-1129.