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Unclaimed Proceeds Due Beneficiaries

$17.0M in unclaimed proceeds due beneficiaries

California is holding 4,722 unclaimed proceeds due beneficiaries properties for 4,433 people. Average: $4K.

4,722

Properties

$17.0M

Total Value

4,433

People Affected

$4K

Average Value

About unclaimed proceeds due beneficiaries

There are 4,722 unclaimed proceeds due beneficiaries properties worth $17.0M in the California State Controller's database. This category (IN03: PROCEEDS DUE BENEFICIARIES) affects 4,433 people who may not know the state is holding assets in their name.

These properties were reported by businesses and financial institutions that could not locate the rightful owners. After a period of inactivity, California law requires them to transfer the assets to the state for safekeeping. The property is held indefinitely — there is no deadline to claim.