No Will/ No House Advice Sought

Yorkshireman99

badmemory wrote: »

They used to do that but no longer do.

There is no general rule. Each financial institution has their own rules.

Yorkshireman99

getmore4less wrote: »

WHY?

they need to put the accumulating interest somewhere and nothing needs to change from the normal process of adding interest unless it was an ISA as the ISA status ends DOD.

The rate will change from the date of death with most banks. Notifying the bank limit the need to,repay amounts wrongly credited. Any responsible executor will notify the bank promptly. The bank may hold a will.

Savvy_Sue

Sorry for your loss, but just checking, are you his only (surviving) child? Was your dad still married to anyone when he died?

Simeco

Yes I'm the only child and no dad wasn't married when he died.

Silvertabby

So sorry for your loss.

Your dad may not have left any debts as such, but his estate will have to pay rent, Council tax, utilities, etc, until you have handed the property back to the landlord/local authority.

You will need to inform his pension provider(s) sooner rather than later, to avoid the complications of having to repay any overissues.

Simeco

The flat my father was living in belongs to his ex wife and when I went round yesterday with her she said that she'd be sorting out all of the utilities.

Had an evening of sorting out paperwork, opening up 7 years of banks statements etc. From what I can see he cashed a pension in a few years ago, has two more paying monthly and of course his state pension.

myrnahaz

Sorry for your loss! When I went to register my Dad's death, the Registrar said that they had a free service whereby they would inform all of the government bodies (DWP, council tax etc) - she also gave me a list of people/organisations who needed to be informed.