Bank accounts of the deceased

badmemory

They have 2 young children, remind her it is up to her to look after their interests if she isn't prepared to look after her own. Sometimes & hopefully in this case, reminding them of the children's need can "flick a switch".


Unfortunately, I suspect all his accounts are already at zero.

SevenOfNine

badmemory wrote: »

They have 2 young children, remind her it is up to her to look after their interests if she isn't prepared to look after her own. Sometimes & hopefully in this case, reminding them of the children's need can "flick a switch".

Unfortunately, I suspect all his accounts are already at zero.

You can't make her help herself & their 2 children. She's either going to tell the bank of the death & have the account/s frozen or she's not. In which case she shouldn't be surprised if the father draws out the funds.

Who is registering the death, not the father I hope because banks, assuming the funds are below their threshold for obtaining probate, will pay out & close the accounts on sight of a certified copy of the death cert, some ID & the signing of a disclaimer to protect themselves.

I'm wondering if this wife & the deceased were estranged?

I agree with badmemory, she needs to protect the interests of the 2 children, if not her own!

Our example is different to Fugelhorn's:
FiL died, 2 adult sons executors & beneficiaries, there was a Will. 1 son froze accounts, & made appt to see bereavement manager & went in with death cert. Lloyds asked absolutely no questions whatsoever & £14K was immediately transferred to his own personal a/c & FiLs a/c closed.

Santander did exactly the same a couple of years ago with £20K, it's surprising how powerful just the death cert is!

Yorkshireman99

badmemory wrote: »

They have 2 young children, remind her it is up to her to look after their interests if she isn't prepared to look after her own. Sometimes & hopefully in this case, reminding them of the children's need can "flick a switch".


Unfortunately, I suspect all his accounts are already at zero.

If the accounts have been emptied fraudulently the bank will refund try to recover from the fraudster. The crucial thing is they must be told ASAP. There is no excuse for delay.

Robin9

Kaur88 wrote: »

............................ his father also put himself down as next of kin ................

Others may correct me but I don't think "next of kin" has any legal implications or imply any rights. It is merely the first point of contact for authorities when something happens - as in this case death.

Yorkshireman99

Robin9 wrote: »

Others may correct me but I don't think "next of kin" has any legal implications or imply any rights. It is merely the first point of contact for authorities when something happens - as in this case death.

You are not wrong! It is a widely used term in hospital etc. A bank would be unlikely to give someone they thought unauthorised the money. In any case the bank will ask the person drawing the money to sign an indemnity and agreement to return the funds if they are later shown to be unauthorised. In such a case the bank will pay the correct person and if need be sue the culprit asking for costs as well.