In most cases of intestacy an asset search will need to be carried out. An asset search is the process of locating public records that confirm personal property and real estate held by a person or corporate entity. The deceased in question may have assets lying dormant which would make up part of their estate.
We can perform an unclaimed asset search and identify any assets in the UK. This includes bank and building society accounts, stocks and shares, pension schemes, life policies and more.
To apply for an asset search you will need to be authorised to act on behalf of the deceased by a Letter of Administration or Grant of Probate. We will also require their death certificate, if you do not have this we can obtain it on your behalf. We offer our services at no cost to members of the public sector.
What is it? – We search through different financial entities and policy holders. This is to identify if the deceased has any money that the member of the sector might have missed or was unaware of.
Why do we do it? – This service is essential to get an understanding of the size and value of an estate.
How long does it take? – This process can take up to 2 months. We also need a death certificate before we can perform the asset search. We can purchase this on your behalf; however, it costs £89 + VAT + the cost of certificates.
Blanchards offer an extensive selection of services to the public sector. From heir hunting to asset searches, we work on hand with councils, hospitals, coroners and everything in between, to provide an expert and stress free service. To view our other services please click here. We look forward to working with you.
If you require this service please do not hesitate to contact us today.
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