| ARS initiates the process of recovering abandoned property by monitoring and/or reviewing |
| 150+ sources throughout the world with the intention of identifying abandoned property of |
| a significant value. ARS identifies abandoned property located in Singapore, Australia, |
| New Zealand, United Kingdom, South Africa and North America. |
|
| NOTE: Certain property may have been identified as a result of a "Freedom of Information" |
| request. |
|
| Types of property classifications we review include but are not limited to; |
|
| Government |
| property may include HUD refunds, tax credits/refunds (local, regional, state and federal) |
| and property as a result of court proceedings i.e. deposits, judgments, etc. |
|
| Estates |
| property not recovered by beneficiaries of an estate and held by probate courts and/or |
| other agencies. |
|
| Demutualization Proceeds |
| stock and or cash resulting from the conversion of insurance companies from mutual |
| ownership to stock ownership. |
|
| Financial Products |
| stocks, bonds, dividends, uncashed checks, FDIC insured accounts, deposits, credit |
| balances, etc. |
|
| Insurance |
| life insurance and proceeds resulting resulting from property and casualty insurance |
| policies. |
|
| International |
| war reparations, court proceedings, tax refunds, securities (re; compulsory acquisitions). |
|
| Pensions |
| abandoned pensions from inactive and active companies, institutions and associations. |
|
| Miscellaneous |
| prepaid tuition accounts, trust funds, etc. |
|
| In all cases ARS identifies abandoned property the legally entitled owner is not aware of. |
| The property examined was abandoned on average 5+ years ago. In a very limited number |
| of cases the property may have been abandoned 2 to 3 years ago. ARS has identified and |
| assisted in the recovery of property that was abandoned 25+ years ago. |
|
| In general we identify property with an average market value of $10,000 to $15,000 |
