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Offer the client 2 unclaimed money options

by leon Hicks
(maryland)

Can the asset finder offer his client 1. to provide the company name, dollar amount owed & forms for a 5% fee(client can do the work himself & save money) or 2. Pay 10% and the assets finder do the work for him in the state of California?

From Mark:
Leon,
California has specific rules you have to follow when you submit claims to them on the clients behalf.
If you were to do the first part of what you are referring to, I am sure you can come up with an agreement on your own which covers that, just letting the client know where the money is and having them send in the forms, and you wouldn't have to worry about their rules.
However, if you are going to be offering it as an option, it might not pay. In California, you need to register with the state as a finder, which is not a big deal. They have certain rules to follow, and if you have taken all the steps to do that, you're giving away half of your commission when you only have to take a few extra steps. Plus, California will send you one check and your client another.
Did you check out the Investigators Handbook on the California unclaimed money finder page?
I hope this helps.

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