Tag: unclaimed property
1924 life insurance policy on an infant pays off
On June 16, 1924, Thomas Lazarick, nee Lazarczuk, a 35-year-old immigrant from Ukraine running a dry-goods store in Camden, N.J., bought an “Infantile Whole Life Policy” on his 11-month-old fifth child named Leonard. The policy costs 5 cents a week.
Read MoreNewspaper interests help block advertising cut
For the fifth year in a row, the comptroller has tried to save taxpayers more than $500,000 in advertising costs, and representatives of the newspaper industry have managed to block the cut.
Read MoreComptroller wants to quit sending paper supplements, tax forms
Maryland Comptroller Peter Franchot says he can save taxpayers $500,000 in advertising expense next year if he doesn’t have to print and distribute the list of unclaimed property. He proposes saving more by eliminating tax filings on paper.
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