Mom's estate – equisearch.net found an asset but wants 35%. Alternatives?
August 1, 2007 7:25 AM Subscribe
My mother passed away in 2003 and 3 of us siblings split the estate. Fast forward to 2007, when we are contacted by EquiSearch.net, who claims there is over $2,500 in unclaimed assets in mom’s name. EquiSearch, of course, would be thrilled to help us get this money but will take 35% of the proceeds for their trouble. How can we find this asset ourselves? We aren't aware of any stock, insurance, bank, or other accounts but apparently there was one. If there is an option that doesn't require the huge percentage fee (like a flat rate fee from another company) what is it? I would strongly prefer to avoid doing business with EquiSearch. Thanks for your help!