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<p class="MsoNormal"><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black">I think the monies are actually paid to the State of WA unclaimed monies fund after a period of time of a missing beneficiary – 3 years.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black">Have you hired a professional to look for the heir? If not, I would recommend Dan Peyovich
<a href="mailto:dpeyo@comcast.net">dpeyo@comcast.net</a>.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black">Here is his contact information. He is not too expensive and gets great results. His fees could certainly be paid from that heir’s share…<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><strong><span style="font-size:10.5pt;font-family:"Calibri",sans-serif;color:#0000BF">Daniel and Associates</span></strong><span style="font-size:10.5pt;font-family:"Times New Roman",serif;color:#0000BF"><br>
</span><span style="font-size:10.0pt;font-family:"Times New Roman",serif;color:#0000BF">9805 N.E. 116th St. #132<br>
Kirkland, WA 98034<br>
O: 425.820.7081<br>
M: 206.909.7960<br>
F: 425.814.7378</span><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black">Otherwise, you should check with the State of Washington:
<a href="https://ucp.dor.wa.gov/Default.aspx">https://ucp.dor.wa.gov/Default.aspx</a>
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:11.25pt"><span style="font-size:18.5pt;font-family:"Arial",sans-serif;color:#595959">About Unclaimed Property<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">Unclaimed property refers to property being held by an organization that has not had contact with the
owner for an extended period of time. Property is usually considered unclaimed after three years, when it is turned over to the state of Washington. Banks, retailers, credit unions, utilities, corporations, insurance companies, and governmental entities are
some of the many sources of unclaimed property.<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">The Department of Revenue is the custodian for unclaimed property, and it administers an unclaimed property
program to seek the rightful owners.<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">Typical unclaimed property includes:<o:p></o:p></span></p>
<ul type="disc">
<li class="MsoNormal" style="color:#606060;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo3">
<span style="font-size:9.5pt;font-family:"Arial",sans-serif">Bank accounts<o:p></o:p></span></li><li class="MsoNormal" style="color:#606060;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo3">
<span style="font-size:9.5pt;font-family:"Arial",sans-serif">Insurance proceeds<o:p></o:p></span></li><li class="MsoNormal" style="color:#606060;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo3">
<span style="font-size:9.5pt;font-family:"Arial",sans-serif">Stocks, bonds and mutual funds<o:p></o:p></span></li><li class="MsoNormal" style="color:#606060;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo3">
<span style="font-size:9.5pt;font-family:"Arial",sans-serif">Safe deposit box contents<o:p></o:p></span></li><li class="MsoNormal" style="color:#606060;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo3">
<span style="font-size:9.5pt;font-family:"Arial",sans-serif">Utility and phone company deposits<o:p></o:p></span></li><li class="MsoNormal" style="color:#606060;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level1 lfo3">
<span style="font-size:9.5pt;font-family:"Arial",sans-serif">Uncashed checks, such as payroll, insurance payments, or travelers checks<o:p></o:p></span></li></ul>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">Unclaimed property does <i>not</i> include real estate, vehicles, and most other physical property.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:6.0pt"><b><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:#595959">Unclaimed Property Law<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">(<u><a href="http://app.leg.wa.gov/RCW/default.aspx?cite=63.29" target="_blank"><span style="color:#6633CC">Chapter 63.29</span></a></u>)</span></b><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">State law protects unclaimed property until it can be returned. There is no time limit for filing a claim
and rightful owners or their heirs can claim property reported since 1955. The state may auction the content of safe deposit boxes, however, if not claimed within five years.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:6.0pt"><b><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:#595959">The State’s Role<o:p></o:p></span></b></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">The Department of Revenue administers an unclaimed property program as a free public service. More than
$1 billion in unclaimed property has been turned over to the Department of Revenue since 1955. In fiscal year 2017, the Department’s Unclaimed Property Section received property worth more than $127 million. The amount continues to grow each year. All funds
are received and administered through the Department's Unclaimed Property Program.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:6.0pt"><b><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:#595959">Changes for Owners Claiming Securities – RCW 63.29.220<o:p></o:p></span></b></p>
<p class="MsoNormal"><u><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">Securities to be Converted to Cash</span></u><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#606060">Legislation effective December 20, 2011, directs the department to sell securities upon receipt as soon
as practicable. If you submit a claim for securities and the Department has not ordered those securities sold, you may elect to have the securities returned or receive the net proceeds of the sale. If the Department has ordered the sale of a security, owners
may only claim the net proceeds as of the date of sale.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:13.0pt;font-family:"Verdana",sans-serif;color:black"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><b><i><span style="font-size:14.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#1F497D">Dalynne Singleton<o:p></o:p></span></i></b></p>
<p class="MsoNormal"><span style="font-size:14.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:14.0pt;color:#1F497D">Gourley Law Group<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:14.0pt;color:#1F497D">Snohomish Escrow<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:14.0pt;color:#1F497D">The Exchange Connection<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#1F497D">1002 10<sup>th</sup> Street / PO Box 1091<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#1F497D">Snohomish, WA 98291<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#1F497D">360.568.5065<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#1F497D">360.329.4079<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#1F497D">360.568.8092 fax<o:p></o:p></span></p>
<p class="MsoNormal"><a href="mailto:dalynne@glgmail.com"><span style="font-size:12.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#0563C1">dalynne@glgmail.com</span></a><span style="font-size:12.0pt;font-family:"Arial Rounded MT Bold",sans-serif;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal" style="background:white"><b><i><span style="font-size:14.0pt;color:black"><o:p> </o:p></span></i></b></p>
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<p class="MsoNormal"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Candace Wilkerson<br>
<b>Sent:</b> Wednesday, October 10, 2018 1:56 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] Missing probate beneficiary<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I am about to close a King County nonintervention probate, but one of the probate beneficiaries has gone missing since probate was opened in 2015. The personal representative tried to find him without success.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I’m going to try one more search before giving up, but if I can’t find him: does anyone know the procedure for handling the distribution to a missing beneficiary and providing notice of closure of the estate to that beneficiary? I assume
the funds can be placed into the court registry, but do I need to do a petition for instructions to the court regarding notice to the beneficiary; or do I just publish notice of filing the Declaration of Completion in the Daily Journal of Commerce? This could
be an expensive publication. <o:p></o:p></p>
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<p class="MsoNormal">Thanks for your thoughts.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Candace Wilkerson<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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