Due Diligence Minimums and Aggregate Limits: Boon or Boondoggle?

By Karen Anderson - Complying with state unclaimed property requirements can seem overwhelming considering that no two state laws are exactly alike and that due diligence and reporting specifications can be time-consuming and complex. For individuals who manage annual compliance, due diligence minimums and aggregate reporting limits may appear at first glance to give some relief. However, relying on due diligence minimums and reporting in the aggregate may cause the practitioner to negatively…