Person #9 – Are You Out There? The Actors Fund Is Holding $Nearly 40,000 For You – Deadline

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Person #9 is owed $39,361.29 – unclaimed cash that The Actors Fund is holding in belief for a former little one actor it could actually’t find. Altogether, the Fund is holding $3,832,599 in 19,382 different unclaimed accounts, the only largest of which belongs to Person #9.

The 9 highest unclaimed accounts whole greater than $200,000.

The funds are held in blocked trusts generally referred to as Coogan Accounts. Under California legislation – Senate Bill 210, which was signed into legislation in 2003 (learn it right here) – 15% of a minor’s earnings should be put aside till the performer turns 18 in order that their dad and mom can’t spend all of it and depart them broke, as little one star Jackie Coogan’s dad and mom did within the Thirties.

Residuals proceed to accrue within the accounts, and if employers and payroll corporations can’t find them or their dad and mom, the legislation requires that the cash be transferred to The Actors Fund, the place it could actually sit for years ready to be claimed.

Justin Bieber & Nicolas Cage, Come On Down — The Actors Fund Has Your Dough!

Shia LaBeouf has been on the record for years, and so have Justin Bieber, Saoirse Ronan, Taylor Lautner, Ashley and Mary-Kate Olsen, AnnaSophia Robb and plenty of others who broke into present enterprise after they had been children.

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The Actors Fund lists all of the names of those that are owed, and how you can accumulate, on its Unclaimed Coogan Funds web site (see it here). Citing privateness points, nevertheless, it doesn’t say how a lot every is owed till it makes contact the beneficiaries.

Many of the accounts include so little cash that it’s not value finishing all of the paperwork required to gather. Three, the truth is, include solely a single penny.

The Actors Fund’s newest outreach focused the 1,225 beneficiaries with greater than $500 in unclaimed funds. They embrace 87 accounts holding greater than $5,000, and the Fund is trying to find all of them.

The Actors Fund tells Deadline that there are 69 beneficiaries who’re owed greater than $5,000 however lower than $9,999, and that 18 others are owed greater than $10,000, together with Person #9.

This chart, supplied by The Actors Fund, reveals the highest 9 unclaimed accounts, totaling over $200,000.

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