Escheatment Services

Escheatment is the process of transferring lost assets to state treasuries. This can be made complicated because each state has its own rules for when property is officially considered "lost." Companies are legally required to file annual abandoned property reports with each state and to turn over unclaimed property — including stocks, dividends, and other types of securities.

Through our Abandoned Property Services, we carefully monitor each state's escheatment mandates and stay up to date on changes to filing requirements and deadlines. Our capabilities and platforms ensure that your company is compliant. This includes fulfillment of due diligence requirements to attempt to locate inactive shareholders and, should escheatment become necessary, complete listing of all property to be turned over to the state.

At Target Partners, we believe the easiest way to comply with escheatment requirements is to prevent property from becoming abandoned. We work hard to proactively identify, locate, and reunite your shareholders with their assets.