The importance of providing a statement of all your assets

Probate professionals will be well aware of the difficulties posed in the unfortunate event someone passes away without leaving behind a legally valid will, however equally problematic is where there is a Will but there is no statement of assets, so ensuring all the estate of a deceased is located becomes a huge and extremely expensive and time consuming task, sometimes an impossible one.

In these cases, the first thing to do is to contact the family of the deceased (if there is one). However, less than a quarter of children know every bank their parents or guardians held accounts with and almost a fifth had no knowledge whatsoever of where their parents banked.

Even for those who did know which institution held accounts for their parents, almost half didn’t know or wouldn’t be able to find the necessary passwords to provide access to an executor.

It is therefore ESSENTIAL to keep a statement of assets with an upto date Will and to review these annually to update or add data.

Billions of pounds sits in banks unclaimed – don’t let part of your estate add to that figure.

Call Thy Will Be Done now FREE on 0800 668 11 64 and arrange your Will for just £99 which includes V.A.T, registration on the UK Wills Register AND  a statement of assets.