Cashing out a Bond of a deceased person

UKamigo

Hello,

My mother was married to a UK citizen and they used to live in Spain. He passed away 4 months ago.

He left a will leaving everything to my mom but specifically pointing out all assets in Spain.

My mom has found within his documents a UK National Savings Income Bond.

I have never invested in bonds, so I know very few about them.

According to my researches so far, he didn’t write a will in UK.

1)      What are the steps in order to cash out the bond? Who does she need to contact (in UK I guess)?

2)      The fact that she has the original hard paper that proves the ownership of the bond means that the bond still exists, or it could have already been cashed out? How does she can verify that?

3)      Is there a deadline to inherit a bond?

Any help or guideline will be appreciated 😊

LHW99

Presumably it is one of these?

https://www.nsandi.com/income-bonds

You could try this

https://www.nsandi.com/how-do-i-get-touch

But things tend to be a bit slow at the moment for obvious reasons.

They would need the bond number which should be on the paperwork.

UKamigo

LHW99 said:

Presumably it is one of these?

I'm not sure, it's this one.

Thrugelmir

Was the deceased still receving a monthly income to their bank account. That will be an indication if the money is still is deposited. 

Owain_Moneysaver

You can download the forms online, complete them and send them with the bond certificate by post.

STEP 1 – The executor must have a registrar’s copy of the death certificate (original or a certified copy) and the Will (original of a copy certified by the solicitor

STEP 2 – Complete sections 1,2,3 and 6 of the death claims form.

• Download Death claims form
• Download our bereavement guide

STEP 3 – Enclose both Step 1 and 2 documents and send to NS&I, Sunderland SR43 2SB

https://www.nsandi.com/what-do-i-do-if-nsi-customer-has-died