Unclaimed Property

Unclaimed property laws can have significant financial implications on all types of companies. We have a thorough understanding of the matters you face and the impact these matters can have on your bottom line. We are thought leaders across the industry and bring decades of cutting-edge experience to bear when counseling our clients on unclaimed property and escheat matters.

Highlights

                        Advisory

                        July 13, 2023

                        Unclaimed Property Advisory: Insights into California’s New Voluntary Compliance Program: Some Answers, More Questions
                    
                            California is taking applications for its new voluntary compliance program for unclaimed property holders. Our Unclaimed Property Team sheds light on the program’s knowns and unknowns.

                        Advisory

                        June 28, 2023

                        Unclaimed Property Advisory: Nevada Just Raised the Stakes for 2023 Annual Reporting with an Administrative Notice on AB 55
                    
                            Our Unclaimed Property Team analyzes how the Nevada Treasury Office’s interpretation of the state’s new unclaimed property law will create chaos and disruption for holders in the already-busy fall filing cycle.

                        General Publication

                        March 20, 2023

                        Show Us the MoneyGram: What the Supreme Court’s Unclaimed Property Ruling Means
                    
                            In this installment of UP Ahead, Kendall Houghton and Michael Giovannini talk to Tax Notes State senior editor Doug Sheppard about the consolidated U.S. Supreme Court cases of Delaware v. Pennsylvania and Arkansas v. Delaware, in which Delaware lost its dispute with 30 states over unclaimed MoneyGram agent checks and teller’s checks.

                        Advisory

                        March 20, 2023

                        Unclaimed Property Advisory: Volunteers First Need to Be Volun-told: What’s in California’s Voluntary Compliance Program?
                    
                            At long last, California is on the verge of creating its own voluntary compliance program for unclaimed property holders. Our Unclaimed Property Team investigates how the state plans on implementing the system and cautions against joining too early.