Keane's Unclaimed Property Blog

State Escheatment (59 articles)

Life Insurance Holders: CA Reporting Date Postponed

Life Insurance Holders: CA Reporting Date Postponed

State Escheatment, Unclaimed Property, Unclaimed Property Reporting

California life insurance unclaimed property Remit Reports are now due February 1-15, 2021. California’s Office of State Controller Betty T. Yee moved the Notice Reports file date for life insurance holders from April 30 to June 30 due to the COVID-19 pandemic. This change has therefore pushed back the life insurance report remittance deadline from […]

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Understanding Alberta Unclaimed Property

Understanding Alberta Unclaimed Property

Abandoned Property, Escheatment, State Escheatment, Unclaimed Property, Unclaimed Property Reporting

Alberta enacted the Unclaimed Personal Property and Vested Property Act and Regulation in September of 2008. The Alberta Finance, Tax and Revenue Administration (TRA) provides a searchable directory for Albertans and assists them in claiming any financial assets that are theirs. Dormancy periods in Alberta range from one to fifteen years based on the individual […]

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COVID-19 Updates for Fall 2020 Reporting

COVID-19 Updates for Fall 2020 Reporting

State Escheatment, Unclaimed Property Reporting

As COVID-19 continues to create unique operational challenges for unclaimed property holders at this time, several states continue to issue statements related to extensions for reporting deadlines and extension procedures. We have compiled these statements in our COVID-19 Changes to State Deadlines and Extension Procedures page and will continue to update this information on a […]

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New Jersey Experiencing Online Payment Processing Problems

New Jersey Experiencing Online Payment Processing Problems

State Escheatment, Unclaimed Property Reporting

The State of New Jersey is currently experiencing problems with processing online payments; per the State of New Jersey’s Treasury’s Website: Reporting Announcement: The Unclaimed Property Administration is temporarily unable to process online payments through its Holder Reporting Application. As a result, we are only accepting payment by wire or check at the moment. Payment […]

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Filing Unclaimed Property Reporting Extensions

Filing Unclaimed Property Reporting Extensions

Compliance, Escheatment, State Escheatment, Unclaimed Property, Unclaimed Property Reporting

As many companies were, and continue to be, impacted by COVID-19 an increased need for unclaimed property reporting extensions has occurred. We believe this increase occurred due to physical office closures and competing priorities as business continuity and employee safety became more important. Keane has been filing for extensions as needed for clients whom we […]

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