Malibu
Unclaimed Property
There are currently 65,432 unclaimed property records worth $11.1 million waiting for Malibu residents and former residents to claim. Anthem Inc alone is holding $242,300 in unclaimed funds that could belong to local residents.
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Unclaimed Property in Malibu
Malibu's substantial unclaimed property holdings reflect the city's unique economic profile as home to entertainment industry professionals, tech executives, and affluent retirees who frequently relocate or maintain multiple residences. The high concentration of unclaimed funds from companies like Walt Disney Company ($19,400) and major insurance providers stems from the area's entertainment industry workforce, where profit-sharing, residuals, and stock options often go unclaimed when addresses change.
Many properties along the Pacific Coast Highway and in gated communities like Serra Retreat have changed hands multiple times, creating a trail of forgotten utility deposits and insurance refunds. The prevalence of dividend-related unclaimed property (5,552 records) particularly reflects Malibu's wealthy demographic, where investment accounts at merged brokerages or inherited securities from Pepperdine University donors and entertainment industry estates remain dormant.
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Companies Holding Malibu Property
These companies hold the most unclaimed property from Malibu residents
Frequently Asked Questions
How much unclaimed money is being held for Malibu residents?
Currently, $11.1 million in unclaimed property across 65,432 records is being held for Malibu residents, with an average claim value of $174.43. This represents only California state records, and the total grows monthly as more dormant accounts and uncashed checks are turned over to the state treasury.
Which companies are holding the most unclaimed property from Malibu?
The top holders are Anthem Inc with $242,300 (typically health insurance refunds and uncashed claims), Gep Administrative Services Inc with $68,000 (payroll and benefits administration), and Walt Disney Company with $19,400 (likely residuals, profit-sharing, or uncashed paychecks from entertainment workers).
What types of unclaimed property are most common in Malibu?
The most common types are wages, payroll, and salaries (7,157 records), followed by dividends (5,552 records), and credit balances from accounts receivable (4,966 records). This means forgotten paychecks, uncashed dividend checks from investments, and credit balances from overpayments to various companies.
How long does it take to claim unclaimed property in California?
Most claims are processed within 60-90 days after submitting required documentation to the state. Smaller claims under $100 typically process faster, while larger claims may require additional verification. Our search provides instant results, but the state's claim processing takes time for security.
Is there a deadline to claim unclaimed property in Malibu?
California holds unclaimed property indefinitely with no expiration date, but you should search now because companies frequently merge or change names (making future claims more complex), some accounts continue earning interest while unclaimed, and inflation reduces the purchasing power of your money over time.
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