What happens to Premium Bonds

What happens to Premium Bonds when someone dies?

When someone passes away, all their assets must be dealt with as part of the estate administration process. One asset that is not as commonly discussed is Premium Bonds, however, Bonds form part of an individual’s estate in the same way a bank or savings account does.

Kings Court Trust’s latest blog covers the topic of Premium Bonds and answers:

  • What are Premium Bonds?
  • How do Premium Bonds work?
  • What happens to someone’s Premium Bonds when they die?
  • Do you need probate for Premium Bonds?
  • And more

Click here to read the blog and share it with your clients.

Kings Court Trust is an award-winning estate administration provider that takes care of the practicalities after death. Our full suite of estate administration solutions is designed to support all families and adds value to your business by providing free, practical advice on the next steps following a bereavement. There are many benefits to partnering with Kings Court Trust, including:

  • An additional revenue stream – you will receive a fee share for referrals that result in business
  • An enhanced service proposition – you are in the best position to offer your clients support and care during a difficult time
  • Work referred back to you – we will refer beneficiaries back to you to help expand your client base
  • Secure document storage – we can store important client documents in our secure facility, including Wills, LPAs, and Deeds

If you have any questions about probate, estate administration, or how you can work in partnership with Kings Court Trust, call them on 0333 207 5470 or email partners@kctrust.co.uk.

This article was submitted to be published by Kings Court Trust as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.

Read more stories

Join over 6,000 wills and probate practitioners – Check back daily for all the latest news, views, insights and best practice and sign up to our e-newsletter to receive our weekly round up every Friday morning. 

You’ll receive the latest updates, analysis, and best practice straight to your inbox.

Features

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.