Today unclaimed property consists of intangible property, such as dormant bank accounts, uncashed checks, unreturned deposits and credit balances. Unclaimed property normally falls under two separate categories, either general ledger property types, or securities related property.
Lower dormancy periods for certain property types.
︎ Additional property types to be address. ~ For example: Digital Assets & Cryptocurrency. • more & more states will require certain property types to be liquidated prior to reporting. • Current states who require account liquidation prior to reporting. (Colorado, Maryland, North Dakota, South Dakota & Rhode Island) • Current states who DO NOT require liquidation prior to reporting. (Arizona & Oregon) ~ Payment apps and virtual wallets. ~ Sports betting accounts
︎ Stricter enforcement of due diligence/search letter mailings. ~ Some States require specific wording, heading & timeliness in the letter. ~ Be aware of any early outreach obligations. ~ Auditors are increasingly asking for copies of due diligence letters and proof letters are being mailed to Owners.
For additional information and specifics on the upcoming year’s unclaimed property issues, please contact a professional at PEACC.com by calling 410.303.5510 or email us at info@peacc.com
Call PEACC for Compliance 410.303.5510
2026 State Escheatment Trends January 19th, 2026peaccadmin
More than 40 educational sessions spanning four educational tracks (basic, intermediate, advanced, and special focus).
Social events/outings, meals and breaks designed to help attendees connect.
Opportunities to meet with presenters/exhibitors throughout the conference to learn about the services that can help your company’s unclaimed property program.
Industry-specific breakout sessions that feature updates about hot topics plus Q&A with the presenters and other attendees.
Register by Jan. 15, 2026, for the special, early-bird rate.
“In my thirty years of consulting, I’ve learned that the unclaimed property landscape is constantly shifting, and this conference is the one place where you can actually get ahead of the curve rather than just reacting to it. It’s not just about the sessions it’s about the information you get from the Q&A and the industry breakouts. I’ve found that the ‘hallway consulting’ during meals and the connections made with exhibitors are often just as valuable as the lectures; finding one right vendor or hearing one peer’s strategy for an audit can save your company significantly more than the cost of the trip. If you are serious about mitigating risk and running a defensible escheat program, you need to be in the room, and locking in that early-bird rate by January 15, 2026, is just smart business.” D. Patrick Healy
Questions? Contact UPPO.org at 763-253-4340 or visit uppo.uppo@org for further information.
Note: This is the same Unclaimed Property Conference at UPPO Conference 2025.
2026 Annual UPPO Conference Highlights December 16th, 2025peaccadmin
Whenever you inquire about Holder and their unclaimed property reporting, their responses are normally: – We don’t have any unclaimed property to report or remit. – We already file our unclaimed property reports, but they are normally negative/zero reports (reports showing nothing to report). – Our outstanding checks list have been reviewed and none of them reflect any outstanding checks. – Any small dollar amount outstanding checks (ie. < $5.00) are written off.
Any of these myths can increase your risk of an unclaimed property audit.
For further clarification on any unclaimed property compliance issues, please reach out to a professional at PEACC.com at 410.303.5510 or email us at info@peacc.com
Call PEACC for Compliance 410.303.5510
What Are the Holder/Companies Beliefs When it Comes to Unclaimed Property Reporting? October 20th, 2025peaccadmin
Delaware Voluntary Disclosure Agreement (VDA) Process: A Step-by-Step Guide
The Delaware Voluntary Disclosure Agreement program offers businesses a smoother path to compliance with unclaimed property laws. This blog outlines the key steps involved:
I. Enrollment
Sign and submit Form VDA-1: This initiates the program and signifies your intent to comply.
Assess record availability (trial balances, bank reconciliations, check lists, A/R aging reports)
Determine the look-back period (ideally to 1996)
Address lack of records (estimation methods)
IV. Detailed Records Review
Conduct a thorough review of each property type for each entity.
Utilize estimations when records are unavailable.
V. Submitting Findings to Delaware
Present a draft report to the Delaware Department of State.
Be prepared for potential sampling to verify your results.
VI. Settlement and Payment
Upon Delaware’s approval:
Complete and submit Form VDA-2.
Make a remittance payment for identified unclaimed property.
VII. Addressing Other States
Once the Delaware VDA is finalized, determine any potential exposure for unclaimed property in other applicable states.
By following these steps, you can navigate the Delaware VDA process efficiently and ensure compliance with unclaimed property regulations.
For further information and questions regarding compliance with these state unclaimed property laws, please contact a professional at PEACC.com at 410.303.5510, or email us at info@peacc.com.
Delaware Voluntary Disclosure Agreement October 14th, 2025peaccadmin
* By reporting with incorrect dormancy periods or cut off dates. * Have a lapse(s) in the reporting periods/history. * By applying the wrong aggregate amount. * Simply reporting all property to only one State / State of Incorporation. * By misunderstanding the rules of customer generated contact / indication of Owner interest. * By not performing all State required Due Diligence / Search Letter specifics within the applicable time periods. * By not reporting property below a certain dollar amount. * By failing to report all eligible property / under reporting. * Submitting the report in the incorrect format.
For further information and assistance on how to stay compliant with the State specifics, please reach out to a professional at PEACC.com by calling us at 410.303.5510 or through email info@peacc.com
Call PEACC for Compliance 410.303.5510
How Can A Company/Holder Be Reporting Their Unclaimed Property And Still Be Non-Compliant? October 13th, 2025peaccadmin
Do you have internal unclaimed property policies & procedures currently in place? Is everyone at your organization on board with them and abiding to them?
If the answer to these questions are Yes, it is still advised by the States and all major Unclaimed Property Organizations (UPHLC, NAST, UPPO, etc.) that Holders should perform a review of them every 3 to 5 years. To ensure total compliance with all the State laws and regulations, yearly audits are often suggested. These State laws and requirements may change without much notice. The States put the burden of keeping track of any law changes on the Holders/Companies.
If you’re short staffed, confused or just don’t feel like performing a review of your unclaimed property Policies & Procedures, let PEACC help with it. PEACC has proven time & time again they can save you money from any non-compliance or under reporting liabilities (or over reporting) with their proven review and modifications methods.
Still questioning their review and process? Let PEACC review one or two of your recent State Unclaimed Property Reports for free. We will show you what compliance is required among the States.
Sleep better at night knowing all your yearly efforts comply with all the State compliance requirements and expectations. Don’t leave your door open to ongoing compliance issues. Be safe with PEACC’s Compliance Reviews. You could even be over reporting or underreporting. But you may never know unless PEACC conducts one of their thorough compliance reviews.
Don’t wait! There is no better time than now to have your Unclaimed Property Policies & Procedures reviewed. Get past reporting history reviewed prior to having a State contact you. This could lead to an added expense to your bottom line. As mentioned, it is recommended by the unclaimed property authorities to conduct a review of you’re past reporting history along with your Policies & Procedures every 2 to 3 years. But don’t fret, let PEACC do the work. You’ll be surprised at the results.
Please reach out to PEACC by calling 410.303.5510 or email us at info@peacc.com for further information or to commence with your FREE review. Only positive results.
Call PEACC for Compliance 410.303.5510
Reviewed Your UP Policies & Procedures Recently? September 16th, 2025peaccadmin
Your Total Source for Unclaimed Property Compliance
