Kentucky’s state treasurer manages almost $1 billion worth of unclaimed property , and in 2024, the office set a new record by returning about $32 million to people who filed claims with the agency.
In Fayette County, as of January, the agency was holding $42 million in unclaimed assets.
Recently, we spoke with Dillon DiOrio, who directs the Unclaimed Property Division within the Kentucky Treasurer’s Office, to help us break down how the claim process works. If you want to get the process started, or just like to fantasize about a wealthy long-lost relative changing your life forever, here’s what to know.
What is unclaimed property?
The first idea that might come to mind is a country manor or a beautiful piece of farm land. However, unclaimed property does not include real estate, nor does it include stolen property or state and federal tax refunds…