The deceased had sadly lost contact with their child after they moved abroad in the 1960s to start a new life. There was frequent contact to start with, but over the years this had lessened,
When an executor received a claim for a deceased’s estate six months after it had been distributed to close family, they were in for the shock of their life. The claim, from a former acquaintance of the
1. Claims Case Study – Bespoke Probate Policy Untraceable Burial Society Member Claims £100,000 After Social Media Post! How A Bespoke Insurance Policy Saved the Day The trustees of an old-style and long-running burial society
Insurance to protect the estate against 1975 Inheritance Act claims is available from DUAL Asset for beneficiaries and charities, who may be seeking an early distribution. Solicitors and professional executors will quite often insist on
DUAL Asset received an enquiry from a solicitor following the unexpected death of a client. The solicitor was seeking insurance to protect the deceased’s estate and the only beneficiary, the deceased’s wife. They were concerned
The deceased was believed to have committed suicide, but his body could not be found. He had been seen taking a boat out to sea and was never seen again. His cousins, who were the
Indemnity forms can be a useful tool for solicitors trying to reduce the risk to their firm when distributing an estate, but they can have limitations. With the current economic situation, the parties signing the
It seemed a good idea at the time. When your Will was drafted, you included a trust to safeguard part of the inheritance. Perhaps it was to protect a vulnerable child or help reduce your
It has been widely reported in the legal press that there will likely be an increase in contentious probate claims due to some wills being hastily created during lockdown. Wills have to be drafted in
A Comprehensive policy was issued to protect the estate of a man who had died seemingly without a will. His estate was over £500,000 and was distributed between his children. He had divorced his wife
DUAL Asset received a Missing Beneficiary claim last year where an elderly lady, living abroad decided to reconnect with her family back in the UK. They had lost touch many years ago. In turn, she
DUAL, the underwriting arm of Hyperion Insurance Group, today announced that Paul Collinson has been appointed as Senior Portfolio Underwriter, joining its Aurum private client team. Ashely Cole, MD of DUAL Aurum, said: “I am
In December 2018, Santander UK was fined £32.8m by the Financial Conduct Authority for serious failings in dealing with the accounts of their deceased customers. The bank did not transfer £183m held in their accounts
As far as famous pets go, Choupette is certainly up there at the very top. The Birman cat was owned by Karl Lagerfeld, the famous fashion designer. Choupette already had her own Twitter and Instagram
Missing beneficiary insurance is usually obtained following a failed attempt to find a missing person who is due an inheritance. The personal representative, in an attempt to find them, will often instruct a genealogist or
As an underwriter, I first saw a presumption of death risk 20 years ago. A young professional person had gone missing at sea. A distress call had been made from their boat, but the coastguard
There has been a lot of press coverage over the last month regarding the case at the High Court, which relates to the tragic deaths of married couple John and Anne Scarle. Their stepchildren are
Scooby Doo may not have coined this phrase specifically for the English & Welsh legal system, but it is a matter of fact, that the number of Inheritance Act claims have been on the rise
Earlier this year, Lloyds Banking Group discovered it was holding more than 190,000 envelopes containing valuable papers which it could not match to its list of current customers. After further examination, it was discovered within
When administering an estate, it is prudent for a check to be made to see what the bankruptcy status of a beneficiary is who lives outside of the UK. There could be personal financial implications
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