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When people hear the term, they often assume it only refers to cash, but unclaimed property in Florida covers a wide range of financial assets. The Florida Department of Financial Services explains that it can include dormant financial accounts, unclaimed insurance proceeds, stocks, dividends, deposits, refunds, credit balances, and uncashed checks. In some cases, it can also include tangible property from safe deposit boxes or other safekeeping repositories. That variety is one reason people are often surprised when they search and find something tied to their name. It may not be a huge amount of money. Sometimes it is a relatively small balance from years ago. Other times, it may be something more substantial, especially if the property came from an insurance payment, securities account, or estate matter. Either way, it is worth understanding that unclaimed property in Florida is not limited to one type of asset or one kind of person. https://bfmlaw.com/unclaimed-property-and-florida-probate/
