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LEXINGTON, Ky. (FOX 56) — Nearly $0.5 billion: that’s the total value of unclaimed assets that are in Kentucky’s Unclaimed Property Fund, according to the state treasurer.

Those $0.5 billion in assets are owned by Kentuckians and local government agencies.

As required by Kentucky law, companies are to mail letters to potential owners of property over a period of time. If assets aren’t claimed within 60 days, they get reported to the Kentucky State Treasury Unclaimed Property Division.

The state treasurer said the items mostly consist of:

  • Payroll checks
  • Unclaimed safety deposit boxes
  • Old life insurance policies
  • Stocks
  • Vendor checks

To search for unclaimed property in Kentucky, visit kyclaims.unclaimedproperty.com. You can also check missingmoney.com to see if you have assets outside of the state.

If you’ve received a letter from a company to claim funds, the treasurer said to contact the company directly.