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Could You Be Owed Money You Didn’t Know About?

Isn’t it great when you put on a coat that you haven’t worn for a while and find that there is some money in the pocket? Even though it’s not much, it’s enough for you to feel like you’ve got lucky and won the lottery! Well, imagine if you tried a bit harder to look for some lost or forgotten cash. You’ll be surprised by the amounts you find!

In fact, there are quite a few different places where you might find some money. You need to put in the hard work to find it all – it’s not going to come looking for you! Here are some of the best places to start the hunt for potential stashes of money.

Could You Be Owed Money? - The Southern Smiths

Could You Be Owed Money You Didn’t Know About?

Inheritance From Long-Forgotten Relatives

If you have any great aunts or uncles you haven’t heard from in a long time, try and contact them. If they have passed away, there’s a chance you’re mentioned in the will. Each year, there are hundreds of people who discover that they are owed a large amount of inheritance from distant relatives who they haven’t heard about for years, or maybe they didn’t even know existed. If you are someone’s last living relative, then there’s a good chance their estate might become yours.

Forgotten Pension Pots

Whenever you start a new job, they will set you up with a brand new workplace pension. If you ever move companies, then your new employer should merge your old pension with the new one that they set up. However, that doesn’t always happen. If a new employer forgets to do this, then your old pension will go untouched and forgotten. So, it’s a good idea to get in touch with any former employers to see what they have done with your old pension. You should be able to merge them with your new one if you find them.

Compensation Claims

Being involved in an accident that isn’t your fault is a very traumatic experience. You can be left with serious injuries and also financial instability. For injury help, see an attorney about starting a compensation claim. The lawyer will fight your case in court and you’ll be awarded compensation and the other individual who did cause the accident will have to also cover your legal fees.

Tax Refunds

You might want to get in touch with the taxman too just in case you have been paying too much in tax over the past few years. When you find out that you have, then you will be given a tax rebate in which any overpaid tax will be paid to you in full. It’s worth checking this every year, as you will never know if you have overpaid or not unless you do.

Hopefully, you can find a nice pot of cash waiting for you in one of the sources mentioned above!

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