Thursday, May 30, 2013

Hundreds of abandoned military items waiting to be claimed at state treasury

KENTUCKY PRESS NEWS SERVICE
If you’re a veteran missing a medal or discharge papers or a relative looking to discover a military legacy, all you need to do is visit www.KYtreasury.com and click on Military Item Listing.

The Kentucky State Treasury is looking to reunite veterans and their families with hundreds of military items that sit unclaimed in the Treasury vault.

Kentucky Treasurer Todd Hollenbach said, “We owe it to our military service members and their families to go the extra mile to return these items. Their stories deserve to be told, and their memories need to be preserved."

Among the items in the vault are a bronze star, seven Navy medals, two purple hearts, numerous battle ribbons and campaign pins, dog tags and dozens of discharge papers including one from the Civil War.

The state treasurer serves as custodian of all property surrendered to the state that is presumed lost or abandoned. The military items are among the more than 50,000 unclaimed items stored in the Treasury vault that come from the contents of abandoned safe deposit boxes.

Each year the Kentucky Treasury returns millions of dollars in unclaimed property to Kentucky residents, most of the properties are in the form of cash from old insurance policies, stocks and bonds and leftover bank accounts. Under the proactive leadership of Treasurer Hollenbach and his Treasure Finder’s Program, the Treasury has returned a record $ 81 million in unclaimed property.