• Does your company's bank reconciliation list outstanding checks but there are no procedures to properly age and escheat the checks are required by state laws?
  
  
• Does your company issue gift cards and/or certificates and you are mesmerized by the hodge-podge of state unclaimed property laws and court cases pertaining to such items?
  
  
• Did your company recently receive a state audit notice or penalty assessment?
  
  
• Did a merger of your company with another result in conflicting unclaimed property compliance procedures and/or compliance history?
  
  
• Has your company “downsized” and you need a more cost effective, less time-consuming solution for performing the annual due diligence and reporting required by state unclaimed property laws?
  
  
• Is there a significant number of shareholders in your records who did not exchange or tender their shares even after being notified to do so because of a merger?

If you answered “yes” to any of these questions or just want to compare your current “in-house” annual compliance solution to outsourcing these functions, you have come to the right place! UPRR can provide “value-added” services that can help to mitigate any past due liability and minimize your reportable unclaimed property in the future.

Every state has its own regulations, reporting structure, penalties and definitions as to your responsibilities regarding each kind of reportable property. In fact, including special jurisdictions, today there are 54 different unclaimed property laws in the United States Have we mentioned that there are Canadian provinces, too, that have unclaimed property laws?

At Unclaimed Property Recovery & Reporting (UPRR), we specialize in helping corporations like yours handle every unclaimed property liability situation you can imagine. As we recognize that the extent of compliance varies from business to business, UPRR offers a variety of services on either a comprehensive or a menu basis, which range from complete unclaimed property management to one-time asset recovery or check research projects including consulting and reporting.

When UPRR is on your side, especially in establishing a pro-active program to handle future escheat-related situations more smoothly, your accounting records are more complete, more easily communicated to other parties and more consistently up-to-date. This helps you avoid penalties, predict disbursements and stay in compliance with every state regarding every property type.

Contact UPRR today for a no cost telephone analysis of your company’s unclaimed property compliance situation. Dial 212-971-3333!