This page contains key concepts as to New York’s escheatment of unclaimed property, including details for unclaimed property reporting & compliance with New York laws and regulations.
Key New York Unclaimed Property Reporting Deadlines:
Escheat reporting deadlines for New York are determined by property type. Depending on the type of property held, unclaimed property reports can have fall and spring reporting deadlines.
It is wise to start due diligence mailings early in each reporting cycle. Since New York has multiple unclaimed property reporting deadlines, be sure to review which property types are due in those periods and proactively reach out to owners.
New York Unclaimed Property Reporting Resources
- New York Office of the State Comptroller
- New York Unclaimed Property Laws and Regulations
- New York Unclaimed Property Glossary
- 2017 New York State Handbook for Reporters of Unclaimed Property
Key New York Unclaimed Property Reporting FAQs
The New York unclaimed property reporting process can be challenging for holders. Does your organization have questions about state unclaimed property laws and requirements? Click the link below for frequently asked questions regarding unclaimed property reporting and compliance.
Confused or Overwhelmed? Need Answers?
Unclaimed Property Reporting can be a stressful task. However, when properly managed, the annual reporting and escheatment process does not need to be a burdensome experience.
Contact Keane for help today or visit our resource library to see how we can assist in guiding your organization on the path to unclaimed property compliance.