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Need a legal buff please, re estate claims.UPDATE!

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ProfilePosted byOptionsPost Date

WayneTracey

WayneTracey Report 23 Jul 2008 19:25

All possessions will have been liquidated especially if they hadn't found anyone after 27 years.... it maybe no-one took up the case originally nd the solicitors were tasked by the treasury to find those about to hit the deadline!

Tracey

Tin Fields

Tin Fields Report 23 Jul 2008 19:23

Funnily enough I was looking for gallantry entries and just thought I would pop the concerned name in.

Just goes to show, you never know.

Tin Fields

Tin Fields Report 23 Jul 2008 19:21

Yes, I am. I was more curious who came forward and why on earth it took the solicitor 27 years to enquire for anyone having a claim?

Always wondered what happened to the personal belongings?

God, how very sad...

Many thanks to you!

WayneTracey

WayneTracey Report 23 Jul 2008 19:20

Once an estate is claimed you can get details of who and how much.

Sadly after 34 years the treasury have your money, depending on how much it was...the high note is if they cannot find the missing heirs the monies are devided between the ones left ....

I have often thought about scouring the lists and seeing if i know anyone... then think i'm not sur ei know anyone rich enough.... but i suppose thats the whole point of the lists, missing family members with hidden wealth.

Tracey

WayneTracey

WayneTracey Report 23 Jul 2008 19:18

I take it your a relative then?

Sadly when it's this late in the day the original material goods are liquidated and added to the remaining estate.

Early claim is always essential to preserve the value of the estate, the material things left behind tend to be sold for alot less than their true worth...

Tracey

Tin Fields

Tin Fields Report 23 Jul 2008 19:16

So after 34 years, the treasury have it, to be honest I had a feeling there was something about 30 years, but I was told that there was no estate.... more curious who stepped forward? And why on earth it took the solicitor 27 years to enquire about anyone having a claim against the estate.

Tin Fields

Tin Fields Report 23 Jul 2008 19:13

Oooh gawd, you can tell I am still in shock, seeing it in print,
the death was 1974, the notice published in 2001 and I just found it late this afternoon. Think I need more tea!

WayneTracey

WayneTracey Report 23 Jul 2008 19:13

The treasury sit on the money for along time. I think the estimate is 5 Billion a year. of which only about 1.5 Billion is claimed....

Thats a lot of money to sit on for all that time.... they must be itching to get their hands on it!!

...oh and the interest is payable too for the entire time the money is unclaimed...

Tracey

WayneTracey

WayneTracey Report 23 Jul 2008 19:11

??? 2001 to 2008 is not 27 years?

Tin Fields

Tin Fields Report 23 Jul 2008 19:10

Hi Tracey,

Sorry, I didn't explain very well, just a little disturbed that 27 years had passed, the notice was published in 2001, I have only just found it!

Elisabeth

Elisabeth Report 23 Jul 2008 19:09

Tracey,

I didn't know about the 30 year rule, but with the Bona Vacantia list out each week, there must be lots that never get solved and distributed, and perhaps the 'heir hunters' revisit various ones from time to time.

Elisabeth

WayneTracey

WayneTracey Report 23 Jul 2008 19:06

There is a legal 30 year limit on all claims...

Depending on the Treasury, it's possible to make a claim upto 30 years after someone has died without a will. After the 30 year period all monies goes to the treasury.

This Solicitor is probably climbing the 'Genealogy' bandwagon and using the lists the Government publish every week for those who die without wills and unknown heirs...

Hope this helps a little.

Tracey

Tin Fields

Tin Fields Report 23 Jul 2008 19:06

lol, will do, think it might be a bit late though!

Thanks again

Elisabeth

Elisabeth Report 23 Jul 2008 19:02

It all sounds intriguing. I would love to know the outcome of your enquiry!

Let us hope you have a windfall.

Elisabeth

Tin Fields

Tin Fields Report 23 Jul 2008 18:54

Thanks Elisabeth,

There were a lot of questions surrounding the death.

Elisabeth

Elisabeth Report 23 Jul 2008 18:48

Perhaps funds in dormant accounts, or property, have just been found.

These things do happen if someone has died in unusual circumstances.

Elisabeth

Tin Fields

Tin Fields Report 23 Jul 2008 18:03

Hi All,

Don't know if anyone can help, tried googling to no avail.

Why would it take some 27 years (from the year of death) for a notice to be published by a solicitor asking for anyone who has a claim to an estate to come forward? Isn' this an especially long time?

I'm in a state of shock having just found the published estate claim.

Many thanks

TF