We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Impossible to be certain that all deceased accounts have been traced?

Hi

My friend passed away in 2020 and I was one of two executors, as the other one was in another part of the UK,  and I was also the main beneficiary, I was happy to deal with the estate. My friend had multiple bank accounts and also dabbled in Peer-2-Peer lending,  but eventually the estate was settled and all beneficiaries paid out.      

About eighteen months later I was notified by a bank account that I was not aware of, but sorted that out, paid the extra IHT due and distributed the money to beneficiaries.  This week, almost five and a half years on I have been advised of a second new account that we were not aware of.

Sorry for the long-winded post, but I guess I am asking if there is any definitive search available that can trace unknown accounts for a deceased individual?   I have looked online and found My Lost Account and Gretel, but both are asking for specific names of bank(s) to search, which is of no use to me.

Any advice would be appreciated.  Many thanks.

Comments

  • bobster2
    bobster2 Posts: 1,041 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    My Lost Account is free - so just search all the bank names you can think of. It mi
    jaytee28 said:

    Sorry for the long-winded post, but I guess I am asking if there is any definitive search available that can trace unknown accounts for a deceased individual?   I have looked online and found My Lost Account and Gretel, but both are asking for specific names of bank(s) to search, which is of no use to me.
    Why not use them to search all the bank names you can think of - My Lost Account is free.

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.8K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.