online accounts

Aidanmc

I was wondering, if someone died and had a number of online bank accounts, how would the executor find out about these?

Assuming no documentation or details of the account/s were found in the deceased possessions.

Froglet

Even online accounts generally have some paperwork,generated when they are first set up,Perhap s end of year tax statements too.

Brie

there's a "locate my accounts" service that could be used.  simple googling should suffice.

Alternative is to ring around to the various likely banks.

Marcon

Aidanmc said:

I was wondering, if someone died and had a number of online bank accounts, how would the executor find out about these?

Assuming no documentation or details of the account/s were found in the deceased possessions.

By using https://www.uar.co.uk or https://unclaimedassets.co.uk 

p00hsticks

Just to add to this - I found having access to the deceaseds e-mail and laptop invaluable when sorting out the estate - monitoring of the incoming e-mails for a couple fo months and gonig through the bookmarks was invaluable in identifying and communicating with the various companies that they were customers of / had subscribed to.

Marcon

p00hsticks said:

Just to add to this - I found having access to the deceaseds e-mail and laptop invaluable when sorting out the estate - monitoring of the incoming e-mails for a couple fo months and gonig through the bookmarks was invaluable in identifying and communicating with the various companies that they were customers of / had subscribed to.

Couldn't agree more. The main issue here, of course, is where the dear departed had a password nobody could guess and didn't thoughtfully leave a note anywhere saying what is was...

Frogletina

p00hsticks said:

Just to add to this - I found having access to the deceased's e-mail and laptop invaluable when sorting out the estate - monitoring of the incoming e-mails for a couple of months and going through the bookmarks was invaluable in identifying and communicating with the various companies that they were customers of / had subscribed to.

Fortunately I was given the access code to my son's phone when he was in hospital - although we had no idea that he would die so soon afterwards, he was only 48.

I applied to be the executor under intestacy ( I was the sole beneficiary under intestacy) and without access to his emails etc, I don't know how I would have managed, So much is done on email these days and I had to be quite a detective. 

Two pensions paid out which I had paper details for, and was a total of £700

Then two years later, an email appeared which said it was an annual pension statement. There had been nothing the previous year, and I thought it was spam. But I contacted the number, after confirming it on the net, and eventually that paid out - that one was for around £500 in total. It would have gone undiscovered had I not kept his phone and email address.

Since then I have put together an inventory for my executors detailing everything that they will need - bank accounts, utility providers, pensions, etc. I do keep good paper records too, but this will make things even easier. Also I've added names and addresses of friends I'd like to be contacted. I will keep updating the inventory, and I'm also keeping details of my income and expenditure so it can be used to show gifts out of income and a separate list of capital gifts I've made over the last 7 years. Not that I'm in IHT territory yet, but the rules could change.

gettingtheresometime

https://www.moneysavingexpert.com/news/2018/06/new-service-lets-you-tell-several-banks-about-a-death-with-one-form/

I was also contacted by one of my husband's credit cards about his death, even though I hadn't informed them.

turns out that by telling his bank that he had died, meant the credit rating agencies were informed & that's how they were alerted to his passing.