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inheritance/probate agents
                
                    tortoise2                
                
                    Posts: 1 Newbie                
            
                        
            
                    I was contacted by an international probate company which specialises in finding beneficiaries for unclaimed inheritances. I signed a contract with them granting them a commission based on the final payout to me. Shortly after signing the agreement, I received a letter direct from the probate administrator based in Austria. The letter had been sent 6 months previously, but had been wrongly addressed.
I was able to make contact with the probate administrator and I have corresponded directly with him since then. I advised the probate company that I could handle matters myself and did not need them to be involved further. I did not grant them power of attorney to act for me with the probate administrator.
The probate company will not renegotiate its commission despite the fact that I have been dealing directly with the probate administrator. I offered them a sum to reflect the initial work they had done. They are now trying to make a legal claim on the inheritance using an Austrian lawyer.
WARNING - Be careful of dealing with such companies before signing up with them. They are after as much of the inheritance as they can grab.
URGENT - Can anyone advise me what I can do next?
                I was able to make contact with the probate administrator and I have corresponded directly with him since then. I advised the probate company that I could handle matters myself and did not need them to be involved further. I did not grant them power of attorney to act for me with the probate administrator.
The probate company will not renegotiate its commission despite the fact that I have been dealing directly with the probate administrator. I offered them a sum to reflect the initial work they had done. They are now trying to make a legal claim on the inheritance using an Austrian lawyer.
WARNING - Be careful of dealing with such companies before signing up with them. They are after as much of the inheritance as they can grab.
URGENT - Can anyone advise me what I can do next?
0        
            Comments
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            URGENT - Can anyone advise me what I can do next?
Read the contract you signed! If you can't agree a lower settlement figure - you're stuck with what you agreed to.
Sure sign there's something in the offing when a company like that contacts you?If you want to test the depth of the water .........don't use both feet !0 - 
            I would tell them to take a running jump IF they ask for money upfront.
It will be a scam.0 - 
            try looking at fraser and fraser website they are probate researchers
http://www.fraserandfraser.com/
They are a genuine company and have loads of advice you may find useful0 - 
            When you are contacted by these 'heir hunter' type companies you have a simple choice - agree to pay a percentage of your inheritance to them for their work or they will simply decline to tell you who the person was that died.
To sign a contract and then attempt to cut them out is leaving you open to litigation which I believe you are likely to lose.
I would cough up if I were you.[FONT="]Public wealth warning![/FONT][FONT="] It's not compulsory for solicitors or Willwriters to pass an exam in writing Wills - probably the most important thing you’ll ever sign.[/FONT]
[FONT="]Membership of the Institute of Professional Willwriters is acquired by passing an entrance exam and complying with an OFT endorsed code of practice, and I declare myself a member.[/FONT]0 
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