Are There Fee Limitations for Unclaimed Funds In Federal Jurisdiction

• Related Articles

• Any Way Around Fee Limitations (Like Arizona That Limits It To $2500)

  There are ways to go around this; just consult an attorney and check what’s possible in which state. Submit everything through an attorney when working in states where it’s either hard to contact people regarding surplus funds OR where there are fee ...

• Are Unclaimed Funds (Tax or Foreclosure) Taxable

  Yes. Unclaimed property is not taxed while it is filed as unclaimed; however, when it is reclaimed, the property may be considered taxable income. Some unclaimed funds such as investments from a 401(k) or an IRA can be reclaimed tax-free.

• What About Unclaimed Funds On The State Level

  Avoid these! It is a tedious business.

• What Is The Max Fee One Can Legally Charge (I Can’t Find Anything In The State Statute)

  If one cannot find anything in the statute(s), it is because there is no fee limit. But as always, consult an attorney on this.

• Can My Chosen Attorney Serve Me In Another State Outside Their BAR License's Jurisdiction

  Yes, asking the courts for an attorney to serve on the trial despite it being outside their jurisdiction is called Pro Hac Vice, which is Latin "for this occasion" or "for this turn". In the legal field, pro hac vice is a practice in common law ...