Lesson 2: Guardianship Unclaimed Funds Registry

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Guardianship Unclaimed Funds Registry

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The Unclaimed Funds Registry:

Most of the funds in the Guardianship Trust Fund come from the Guardianship Unclaimed Funds Registry.

As required by 922 KAR 5:180, the Guardianship Unclaimed Funds Registry is established and maintained to provide notice to the public for potential claims.

Upon death, if an individual under guardianship’s remaining estate totals under $10,000, the unclaimed funds are submitted to the registry for posting.

Funds in the registry may be claimed by a creditor, heir, or beneficiary.

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A designated Fiduciary Branch staff member maintains and administers the registry.

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After one year on the registry, the individual’s unclaimed funds are deposited into the Guardianship Trust Fund to provide funding to indigent individuals under state guardianship.