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Do you want to safeguard your money? Do you want to ensure your money never becomes unclaimed money? Escheat laws clearly lay down the companies and financial institutions must turn over money as unclaimed money if it fulfils certain conditions. When money becomes unclaimed money, it no longer is your property. The first step to ensure that your money does not become unclaimed money is to identify the probable sources of unclaimed money. It is very important to keep track of all your bank accounts- savings account and checking accounts. Invested money opened utility deposits and escrow accounts.