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To: Oshkalaboomboom

Every 6 months I make a deposit in my daughters savings account. I also do nominal transfers between other accounts to ensure they are kept active.


2 posted on 11/06/2017 10:17:02 PM PST by reaganaut (For it is better to suffer for doing good, if that should be God's will, than for doing evil.)
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To: reaganaut

It has happened to me. I won’t go into details.

Making accounts go dormant, and now problems with my social security checks. It’s a huge job sorting things out at my age.


5 posted on 11/06/2017 10:56:47 PM PST by BunnySlippers (I love Bull Markets!)
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To: reaganaut

I know it would be a burden/s but how do billionaires or millionaires keep this from happening. They would probably have them in a lot of different accounts in amounts small enough to be covered by the bank insurance.


6 posted on 11/06/2017 11:10:02 PM PST by Guardian Sebastian (God Bless President Trump and Keep Him Safe)
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To: reaganaut
Also make sure you reply to shareholder voting. I have a friend in PA who was letting his IBM stock ruminate. He never added or subtracted or responded to the mail from the Board of Directors. One day he found out it was gone. It took quite a fight to get it back and fortunately he got back the shares.

So I researched this with another friend who worked in PA in the “unclaimed”. Department. He said when PA confiscates stock they must sell it immediately to lock down the value.

9 posted on 11/07/2017 4:39:06 AM PST by LoveUSA (God employs Man's strength; Satan exploits Man's weakness.)
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To: reaganaut

Gov. Arnold Schwarzenegger........
He was ok with banks stealing from the depositors when news came out when he was gov that they were stealing. The banks said they could not locate the customers yet the reporters had no trouble finding them.


13 posted on 11/07/2017 7:29:15 AM PST by minnesota_bound
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