How should escheatments be handled?

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How should escheatments be handled?

Postby ntognetti » Sun Feb 12, 2017 5:29 pm


I have a unit that issued 2 rent checks last May that have now gone to escheatment. How should the unit handle them?

Should they:

1) Void the original check and issue new ones? This doesn't seem proper as the church has probably turned those funds over to the state, correct?

2) Contact the landlord and advise that they have 2 outstanding undeposited checks and advise them that they need to contact the state to get that money?

3) Something else?

I've never seen any church checks actually make it all the way to escheatment so I don't know what the process is...


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Re: How should escheatments be handled?

Postby jdlessley » Sun Feb 12, 2017 6:27 pm

The escheatment process is found in the Help Center article Outstanding Checks and Escheatment.

If we back up a few months before the check is escheated we note we have ample opportunity to prevent checks from escheating. The most important document we have to help us prevent checks from escheating is the monthly unit financial statement. The section on page two lists outstanding checks and the issue date. If the unit finacial statement is reviewed we can take action as described in the Help Center article.
JD Lessley
Have you tried finding your answer on the Help Center page or the LDSTech wiki?

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Re: How should escheatments be handled?

Postby drepouille » Mon Feb 13, 2017 6:30 am

This appears to be a failure of the clerk(s), the bishop, and possibly the auditor for not noticing these checks on the unit financial statement. All too often, the bishop or stake president will sign the financial statement without reviewing it. Just yesterday, my bishop signed our financial statement, and told me how much he trusted me to keep him out of trouble. I reminded him that his signature signifies that he has reviewed the entire statement -- and our auditor is coming this Wednesday.
Dana Repouille, Plattsmouth, Nebraska

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