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Yes, you can claim unclaimed money from deceased relatives. However, there are some caveats to be aware of. First and foremost, you must be able to identify that unclaimed money in the name of your deceased relative exists. Second, you must verify that you're legally entitled to this unclaimed money.

Holders of unclaimed property must perform due diligence to show that they attempted to find the rightful owner of unclaimed property. For any balance greater than $50, written notice must be sent to the owners last known address 60 days to 1 year before the unclaimed property report is filed.

Holders of unclaimed property must perform due diligence to show that they attempted to find the rightful owner of unclaimed property. For any balance greater than $50, written notice must be sent to the owners last known address 60 days to 1 year before the unclaimed property report is filed.

Reports must be filed electronically with the Illinois Treasurer. The filing deadline for most businesses is May 1st and is based on unclaimed property held as of 12/31 of the previous calendar year.

Through enhancements to Illinois' Unclaimed Property Program, residents can receive a check for unclaimed money without having to file a claim as previously required. ing to the release, checks worth up to $5,000 will automatically be mailed to more than 66,000 people who are owed money but have not claimed it.

The State Treasurer is holding 2.5 billion dollars in unclaimed funds for Illinoisans. The State holds these lost funds until they are claimed by either the original owner or their heirs. Property is returned at no cost with the proper identification.