Unclaimed property represents a notable revenue stream for states and presents a significant risk for non-compliant companies. With 54 reporting jurisdictions spanning the 50 U.S. states, Washington DC, Puerto Rico, U.S. Virgin Islands, Guam, and 3 Canadian provinces, the complexities of annual... Read More
Navigating the vast landscape of unclaimed property and maintaining compliance can be daunting. States annually escheat billions, coupled with fluctuating statutory requirements and the common corporate challenge of insufficient internal resources. Altus Group steps in as the beacon of expertise... Read More
Almost every business, regardless of its nature, can accumulate unclaimed property (UP) through routine operations. Such property includes overpayments, rebates, gift cards, payroll, accounts payable, securities, and mineral proceeds, among others. As startling as it might seem, states estimate... Read More