Unclaimed Property in Arizona: How to Reclaim Your Assets

Across the United States, billions of dollars in unclaimed property are held by government accounts, waiting to be claimed by their rightful owners. Arizona is no exception, with a significant amount of unclaimed property under its stewardship.

This guide provides an overview of unclaimed property in Arizona, how it accumulates, steps to determine if any of it belongs to you, and how to reclaim it. Real-life success stories from various states illustrate the potential impact of reclaiming unclaimed property.

Understanding Unclaimed Property

Unclaimed property refers to financial assets or valuable items left inactive or forgotten by their owners. When these assets remain unclaimed for a specific period, known as the dormancy period, businesses must turn them over to the state. This ensures the funds are safeguarded until the rightful owners or their heirs claim them.

The Scope of Unclaimed Property in Arizona

Arizona holds a significant amount of unclaimed property. As of 2024, Arizona’s unclaimed property program had over $2.2 billion in unclaimed assets waiting to be returned to their rightful owners Arizona Department of Revenues. These assets include bank accounts, stocks, dividends, refunds, life insurance benefits, and utility deposits.

How Does Property Go Unclaimed?

Unclaimed property can result from various everyday occurrences. People often move without updating their address with financial institutions, or they misplace account information.

Sometimes, the heirs to a deceased person’s estate are unaware of certain assets. In other cases, businesses lose contact with customers or shareholders, leading to unclaimed funds.

Types of Unclaimed Property

The types of unclaimed property can be quite varied. Common examples include:

  • Bank Accounts: Dormant savings and checking accounts that haven’t seen activity for years.
  • Uncashed Checks: Payroll checks, refund checks, and dividend checks that were never cashed.
  • Insurance Benefits: Life insurance policies and annuities that remain unclaimed.
  • Utility Deposits: Security deposits for utilities that were never collected.
  • Stocks and Bonds: Shares of stock or bond dividends that went unclaimed.
  • Safe Deposit Boxes: Contents of abandoned safe deposit boxes, including jewelry, coins, and important documents.

Finding Unclaimed Property in Arizona

The process of finding unclaimed property in Arizona is straightforward, thanks to the Arizona Department of Revenue (ADOR), which maintains an easy-to-use online database. Here’s how to start your search:

  1. Visit the Official Website: Head over to the Arizona Department of Revenue’s unclaimed property website.
  2. Enter Your Information: Input your name and any other required information into the search fields.
  3. Review the Results: The search will generate a list of potential matches. Review these carefully to see if any belong to you.
  4. File a Claim: If you find property that belongs to you, follow the instructions to file a claim. This typically involves providing proof of identity and relevant documentation to prove ownership.

Claiming Your Unclaimed Property

Once you have identified unclaimed property that belongs to you, the next step is to file a claim. The process usually involves:

  1. Proof of Identity: Submit a copy of a government-issued ID, such as a driver’s license or passport.
  2. Proof of Ownership: Provide documents that prove your right to the property. This could include old account statements, utility bills with your address, or other relevant paperwork.
  3. Submit the Claim Form: Complete and submit the claim form available on the Department of Revenue’s website.
  4. Follow Up: After submitting your claim, follow up if necessary. The processing time can vary, and additional information may be required.

Tips for a Smooth Claim Process

While claiming unclaimed property is generally straightforward, some tips can ensure a smooth process:

  • Keep Records: Maintain good records of your financial transactions and personal documents.
  • Update Information: Always update your address and contact information with banks, insurance companies, and other financial institutions.
  • Check Regularly: Make it a habit to check for unclaimed property periodically. Assets can go unclaimed for various reasons, and checking regularly increases your chances of finding something.

Real-Life Success Stories

Reclaiming unclaimed property can lead to financial windfalls, as illustrated by these real-life success stories:

  1. Virginia: In 2024, John Miller discovered $1,500 in unclaimed property from a dormant bank account. This small but significant amount helped cover unexpected medical expenses.
  2. Arizona: A 2024 success story involved Emma Rodriguez reclaiming $2,200 from forgotten utility deposits and refunds, easing her financial burden during a tough year.
  3. Wisconsin: In 2024, Sarah Johnson found $1,800 in unclaimed stocks and dividends, which she used to fund a small vacation with her family.
  4. Oregon: Mark Davis located $3,000 in unclaimed life insurance benefits in 2024, providing a much-needed financial cushion during an emergency.


Unclaimed property in Arizona represents a substantial pool of financial assets waiting to be claimed by their rightful owners. With over $2.2 billion in unclaimed property, there is significant potential for individuals to recover forgotten or unknown assets.

By understanding the process and regularly checking for unclaimed property, you can ensure that any owed money finds its way back to you. Take the time to search and claim what’s yours—your financial future could benefit greatly.

For more detailed information and to start your search, visit the Arizona Department of Revenue’s unclaimed property website.

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