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Brother deceased, no will, how to get his money out

londonTiger
Posts: 4,903 Forumite
Hi My brother receantly passed away and left a very modest amount of money in his current account. (£900).
It was not a joint account, he is married with children.
He has no will and based on some basic google research I have gathered that having a power of attorney makes this very easy, but getting a power of attorney drafted can cost a sizable chunk of money.
first question, is there a very cheap way of getting my brothers money out to his widow and children?
Like as in free.
Secondly, my brother was a cab driver and paid a desposit for the card payment machine. I have access to his email and have a copy of the deposit receipt. I have also dropped off the payment machine to them and they have signed a delivery note.
However after promising to pay into his widows account immediately in a few days they have got back to me saying that they need to see power of attorney, saying that's the law of the land.
I say this is baloney, in any case what would be the best way to extract money?
It was not a joint account, he is married with children.
He has no will and based on some basic google research I have gathered that having a power of attorney makes this very easy, but getting a power of attorney drafted can cost a sizable chunk of money.
first question, is there a very cheap way of getting my brothers money out to his widow and children?
Like as in free.
Secondly, my brother was a cab driver and paid a desposit for the card payment machine. I have access to his email and have a copy of the deposit receipt. I have also dropped off the payment machine to them and they have signed a delivery note.
However after promising to pay into his widows account immediately in a few days they have got back to me saying that they need to see power of attorney, saying that's the law of the land.
I say this is baloney, in any case what would be the best way to extract money?
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Comments
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POA is no longer in force when a person has passed away. All inheritance arrangements made by the deceased or their legal representative before the date of death, will apply, unless they are illegal.0
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you need to post this on the Deaths, funerals and probate board, where you will learn all about it.
http://forums.moneysavingexpert.com/forumdisplay.php?f=217The questions that get the best answers are the questions that give most detail....0 -
you need to post this on the Deaths, funerals and probate board, where you will learn all about it.
http://forums.moneysavingexpert.com/forumdisplay.php?f=217
thanks, i did skim the board before posting but did not find a relevna forum, unless that is a subforum that is hard to find. Can you report my OP so it gets spotted by mods I cant report my own post.0 -
The wife needs to contact the bank - making a bereavement interview - take the death certificate and ID with her - tell the bank there is no will.
The bank should then pay out immediately (although some will send the documentation to a specialist department) - this will cost her nothing.
There is no need to get a grant of representation in this case if the account only holds £900.0 -
thanks, the cab company are being !!!!!!. they're the party that put the idea of power of attorney - as they demanded it. I took their word that such a thing exists (over a deceased persons estate) and assumed they knew what they were talking about. But if colsten is correct there is no such thing as power of attorney for a dead person. Indeed all the google searches results suggested POA is for a live person who is unable to make decisions for themselves.
There are administrator/executor of estate of a deceased person.0 -
londonTiger wrote: »thanks, the cab company are being !!!!!!.
Hopefully that's not your attitude towards them. :eek:0 -
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Perhaps they'll be more willing to refund the amount to your brother's bank account? Then you could take it out with the other £900Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
Cashback sites: £900 | £30k in 2016: £30,300 (101%)0 -
The Cab company are talking baloney, as, you rightly say POA, relates to a living person, not a dead one.
However, you won't get anywhere with them if you get angry with them and call them names - both sides need to work together to resolve this.
I'd suggest a visit to their offices, to explain that POA relates to a living person, and ceases when a person dies. Take the death certificate with you, to confirm the death, and ask nicely if they will be willing to release the money to the widow. In fact, I think it'd probably be best if the widow does all this, rather than you.
However, at the end of the day, they can still insist on a grant of representation - if this is the case, the best thing to do is to approach the local probate office, to ask for advice how this can be done without a will. This can be done without using a solicitor, so doesn't have to cost the earth.Early retired - 18th December 2014
If your dreams don't scare you, they're not big enough0 -
Goldiegirl wrote: »However, at the end of the day, they can still insist on a grant of representation - if this is the case, the best thing to do is to approach the local probate office, to ask for advice how this can be done without a will. This can be done without using a solicitor, so doesn't have to cost the earth.
Depends on the size of the estate, a grant for a small estate(<£5k) is free, £10 to do the oath at solicitors, free at the court
IF larger estate then the fee is £215.0
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