Personal Representative’s Closure form???

sgx2000

Hi
I have just had a letter from HSBC detailing the deceased bank accounts
Total £36K
The have said to close the accounts they will need a grant of probate or a Personal Representative’s Closure form....
The deceased left this to my son and his half of a property to his 2 daughters (total value £80K)

Does this mean that the bank may release his balances to me the executor (Personal Representative’s Closure form),
Given that I would still need the Grant to move the property to the daughters names....???

Confused!!
 

SeniorSam

You could speak with the Bank, but I would expect that they would need to have a copy of the Probate and the Will showing your appointment as Executor.

When applying for Probate it's always best to ask for several certified copies for similar situations. Also extra copies of the death certificate.

noh

They may release the funds without grant of probate.
You will need to provide them with a copy of the will as well as the death certificate to confirm you are an executor.
The form is here https://www.hsbc.co.uk/content/dam/hsbc/gb/pdf/life-events/Personal-Representative-Closure-Form.pdf
According to this https://www.co-oplegalservices.co.uk/media-centre/articles-may-aug-2018/bank-limits-for-probate/
HSBC decide on a case by case basis.

sgx2000

noh said:

They may release the funds without grant of probate.
You will need to provide them with a copy of the will as well as the death certificate to confirm you are an executor.
The form is here https://www.hsbc.co.uk/content/dam/hsbc/gb/pdf/life-events/Personal-Representative-Closure-Form.pdf
According to this https://www.co-oplegalservices.co.uk/media-centre/articles-may-aug-2018/bank-limits-for-probate/
HSBC decide on a case by case basis.

Many Thanks for the reply

I haven't seen the pack yet (wife just phoned from home with details)

I will give the a good look tonight...
And probably do the online IHT form tonight as well....

I may also phone them tomorrow for confirmation....

Now all I need to get my head around is whether I will definitely need probate to allow me to reassign the deceased's half of the property to his 2 daughters....
Not as easy as it sounds as the property was owned as 'tenants in common' with his ex-wife....
I do remember reading somewhere that she may be able to re-assign his half of the property to her 2 daughters without probate....   (yes, I know... clutching at straws.... but It would be nice not to have to do probate)

sgx2000

Update for anyone else trying this....

Spoke to the HSBC and they are putting the question to their management team.
So they didnt just say no....

Apparently as my son is the main beneficiary and his mother is one of the 2 inheriting part of the house they will consider it....

I will update when I hear anything