$246,000 Recovered from New York State Comptroller via Unclaimed Funds

Facts

​The Guardian of an Incapacitated Person residing in a Skilled Nursing Facility was required to marshal all assets, pay debts, and apply for Medicaid. The Guardian was aware that there had been some stock holdings, but was unsure of how many and where they were held. After launching a thorough asset investigation, Genser Cona located numerous accounts that had escheated to the New York State Comptroller.  The firm filed several claims for unclaimed funds and ultimately collected $246,034.30. These assets were used to pay a private pay balance and thereafter, Medicaid became the payor source.

Result

​$246,034.30 recovered from New York State Comptroller

Genser Cona Elder Law Attorney

​This case was successfully handled by Cameron M. Catrambone, Esq.