State governments currently hold about $49 billion in unclaimed funds — refunds from utilities, payments on insurance claims, and other money that was rightfully due to their residents. My sister’s estate is due $144.22 of that pot and for the past nine months, I have been trying — unsuccessfully — to get it from the State of Illinois.
So far, over three rounds of communications, I have sent in 20 pages of documents, including a notarized form, certified will, proof of addresses from decades ago, official death certificate, proof of relationship, and notarized small estate affidavit. It’s not enough. They are requiring a death certificate from the mother of her roommate in the 1990s (who may very well be alive) because they jointly signed up for the utility and she is due half of a $89.26 rebate. And, with no death certificate, there is no refund at all.
Illinois’ State Treasurer professes to being “committed to returning property in its possession to its rightful owners” but I don’t believe it. I think the system incentivizes them to keep the $3.5 billion they hold so the state can benefit from the interest they earn off the forever-unclaimed money. If they truly wanted to reunite people with their funds in this “Great Treasure Hunt” they would not require such arduous paperwork and would have a simple form as other states have done.
If a process seems like it isn’t working for someone, ask yourself who it is working for. There is likely an unspoken motivation behind why the system was established as it was. Illinois’ system — like most systems — is doing exactly what it was designed to do.










