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Andy Webb highlights the importance of tracking unclaimed financial assets. While losing car keys is common, many Americans unknowingly lose 401(k)s due to job transitions and inattention. In Texas, unclaimed assets like insurance refunds and stocks are cataloged by the state but can be difficult to recover. He emphasizes that real estate is not classified as unclaimed property, ensuring single-family rentals remain secure. Unlike 401(k)s, real estate is a tangible asset that doesn’t disappear.
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Andy Webb highlights the importance of tracking unclaimed financial assets. While losing car keys is common, many Americans unknowingly lose 401(k)s due to job transitions and inattention. In Texas, unclaimed assets like insurance refunds and stocks are cataloged by the state but can be difficult to recover. He emphasizes that real estate is not classified as unclaimed property, ensuring single-family rentals remain secure. Unlike 401(k)s, real estate is a tangible asset that doesn’t disappear.
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