The treasurer’s office defines unclaimed property, such as Stancak’s, as money left sitting in a bank account, unpaid life insurance benefits, or items left in safe deposit boxes.
Attorney Kenneth Piercey is serving as the administrator of Stancak’s estate.
“It is a great privilege to be able to assist the heirs in collecting their rightful inheritance,” stated Piercey.
Before Stancak, the highest unclaimed property in Illinois was $8.1 million, which went to a manufacturer of car parts in 2012.
The largest amount given to an individual was a whopping $5 million to a woman living in Cook County back in 2013.
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