We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Problems claiming my late fathers shares in F&C

Good Afternoon all,

This is a little bit complicated and an area that i could really do with some help with.

My parents died within 2 months of each other early this year and as i have a law degree i have decided to deal with the estate myself, a task that has proven difficult but ultimately successful up to now.
I have managed to obtain grant of probate as well as money from a number of other investment companies.

I have tried to claim my father's shares from F&C but they are unwilling to relinquish them without a grant of probate for my father. We don't have one for my father as the time between the 2 deaths was too minimal for us to arrange such a task. They now seek a small estates form but it must be signed by a solicitor, i have dealt with all of the estate to avoid these costs, the sum i am legally entitled to is £500 and employing a solicitor for such a small amount seems very unnecessary. I have registered a complaint and will be contacted within the next 24 hours.

Does anyone have any advice please?

Comments

  • jayship
    jayship Posts: 387 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    If you have to get the form signed by a solicitor it can be done for no more than £10. They may go by their rules but wait until they get back to you.
    Sorry to hear about your loss.
  • YesWillMan
    YesWillMan Posts: 83 Forumite
    jsyship is right the cost is very minimal. All the solicitor, who normally needs to be a Commissioner of Oaths, has to do is get you to swear as to who you are and that the facts in the documents are correct,The Solicitor signs this and F&C will then deal with the shares.
  • longster85
    longster85 Posts: 6 Forumite
    Thank You very much, I didn't realise the cost would be as low as that, I will wait to see what they come back with and then take it from there!
  • le_loup
    le_loup Posts: 4,047 Forumite
    ......... and you thought a law degree was a path to riches .... not at £10 a pop! ;)
  • The customer service department got back to me and said they would accept a signature from the manager of my local bank to save on costs. Result!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.