According to the article, state treasurers currently hold $32.9 billion in unclaimed bank account funds, presumable from account holders who have passed away without leaving a clear record of the accounts with their heirs.
Its crucial to keep records of current accounts, insurance, your will, power of attorneys, and living wills, along with proof of ownership in assets such as land or home and list of liabilities (house/car payments, etc) accessible by your heirs. This ensures that they will not have to enter into the a lengthy, often costly, procedure of seeking permission from the court to gain access to this information.
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