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Public Funds Lost By Absentmindedness Across Estates
Collier's notes the public loses about 200 million dollars yearly from estates left unwilled and unclaimed, dormant bank balances, and forgotten securities. It highlights in 1945 New York unclaimed race track winnings exceeding 200 thousand dollars as a striking example.
MENTIONED IN THIS ARTICLE
James H. Case Sr
Federal Reserve Bank of New York
James H. Case Jr
Washington and Jefferson College
Everett N. Case
Colgate University
Everett
Collier’s
New York State