Inheritance found by a company-help

laurence2163

My mother has just had a call from a chap at kin.co.uk saying that they have potentially found an old unclaimed unheritance from her father (who died 30 years ago).

The chap knew all the family member names and some relatives. Obviously I am a bit suspicious so I have told her under no circumstances to hand over any money/bank details just in case it is a well organised scam. Their website looks legit, I presume they would charge a percentage fee on any money recovered.

Has anyone had any dealings with this company? Advise much appreciated.

pinkshoes

Their web site says:

How does Kin get paid?
Our fees will always be paid by the solicitors. If the solicitors have instructed us to proceed on a contingency basis, we ask beneficiaries to sign a contract of appointment that permits the solicitors to pay us for the work involved in compiling reports and submitting claims. Our fee is calculated as a percentage of our clients' net share and is paid to us on the same day as our clients are paid by the firm of solicitors administering the estate. Alternatively, we may have already agreed terms with the solicitor who will settle our invoice when the assets have been liquidated (sold).
There are no hidden charges or commissions and we are never involved in the handling of any funds. Beneficiaries will never be asked to pay for anything upfront or from their own pocket. If the beneficiary receives nothing, then we receive nothing and they will certainly never receive any bills or invoices from us under any circumstances.

I can't work out if they do the chasing on behalf of someone else, or whether their company makes money by hunting down wills that were never executed, then claiming a % of the money given to the beneficaries.

Either way, it says if you receive nothing from the will, then you don't have to give them their %, so it might be worth your while ringing them and seeing what they want.

Curious_George_2

just remember there is no need to give them any bank details,
if your not 100% sure of them all they need is a name to write on the cheque and an address to send it too

laurence2163

I get the feeling that they have uncovered some potential life policy or work related pension benefit that wasn't distributed in the main estate.

Oh well, nothing ventured nothing gained. Here's hoping it was a premium bonds win.