This case was based upon an Administrator’s long standing unlawful policy to by-pass estate administration when the deceased account owner had a trust. The law requires that assets that belong to a person that were not placed into the trust prior to the death of the trust creator can only pass to the trust through […]
Choice Plus argued that the word “shall” in the law made it mandatory for the administrator to determine claims within a specific time. The administrator argued that the word “shall’ was merely a suggestion. The appellant court ruled the “shall” imposed a mandatory requirement on the administrator to determine claims pursuant to the law. The […]
The unclaimed property administrator had refused to pay claims due to it’s improper interpretation of the trust terms and trust laws. Choice Plus LLC eased the trustee’s anxieties in the case through their extensive knowledge, and anticipated that the administrator would indeed deny the claim. Shortly after the administrator received the appeal, the claim was […]
Choice Plus funded a legal battle for unclaimed property against the Administrator for refusal to pay Ms. O’Conner and Ms. Morgan unclaimed property that belonged to their ex-husbands. Their ex-husbands had skipped out on spousal & child support obligations. Morgan was permanently disabled when her ex-husband shot her 8 times and fled from justice for […]
In 2005, Mrs. Rigley died. In 2007, a Probate Court determined that Mrs. Rigley died with no known heirs and ordered the assets of the estate paid to the State’s Chief Financial Officer for deposit into the State School Fund. MRS. RIGLEY IN FACT HAD 10 HEIRS. The attorney engaged by Choice Plus reopened the […]
The article below was released by Yahoo News on October 18th of this year. The information contained is vital regarding unclaimed property awareness. We believe that every individual has a right to reclaim their rightful property, which is why our services are designed to help innocent citizens recover assets that have been seized by the […]
According to a 2015 California Legislative Analyst’s Office (“LAO”) report, unclaimed property is the fifth largest revenue source for the State of California. This report also acknowledges the “tension” between State interests and an individual owner’s property rights. The term “Tension” does not fully capture the scope of the restrictions States have placed on the […]
In the year 2014, Pennsylvania suffered a large budget gap. Faced with an impending financial challenge, the legislature convened to find ways to increase state revenue. In an effort to reduce the budget deficit, the state took steps to tinker with their unclaimed property laws. They shortened dormancy periods for long-term hold investments and savings […]
At Choice Plus, LLC, we hear a lot about people’s misperceptions regarding what will be required of them by unclaimed property administrators in order to prove their entitlement to recover their property. The biggest misperception is that anyone can recover their property without paying for help. While many unclaimed property owners in Florida and California […]
Why do States discourage owners from paying a professional to handle their unclaimed property claim? It’s true that many people can, and do, recover their property without paying fees to a service provider. It is also true that people regularly pay for services that they can do themselves. In fact, National Public Radio recently reported that for the […]
