BobQ wrote: »
Its an interesting insight into the industry provided by madbadrob.
As someone who has done a fair bit of genealogical research for myself I think if I had received the letter I would at least look at the family surnames I knew were in my ancestry and compare with the Treasury List before I signed anything, on the off chance that one of the more unusual names might be there. If it was, I might try a little more genealogy in that area.
However, I agree you could spend a lot of effort trying to prove such a relationship particularly with a common surname, with no guarantee of any success.
BobQ wrote: »
So if you are the heir to a £1m fortune and they take a third of it you have nothing to lose? Bizzare.
potter21 wrote: »
Thanks for your reply. No it is not the Anglia case. My dads mother and deceased father were brother and sister so my dad was the deceased cousin. What is my relationship to the deceased? I am only guessing that there may not be a will and if there is a first cousin on the deceased mothers side will anything left intestate go to them and I would like to know if I would be entitled to what would have been given to my father. Hope that you can clarify the situation. Regards Potter
madbadrob wrote: »
I can understand that reasoning however by the time you have done the research and found out which heir it is we are working we would have an heir signed and the claim into the treasury. ...........................
I appreciate the economic and time issues you are referring to make it unlikely that an individual would be able to compete with the industry you represent.
I have to confess I find aspects of this business somewhat distasteful. Its one thing for the executor of an estate to use a firm like yours to find heirs, but quite another IMO for a firm to monitor the estates of those without wills and then seek to profit from hunting down heirs. That said I cannot see much difference between your industry profiting and heirs who never even knew them profiting.
Nothing personal !
Here’s what the Deals Team have spotted
The rule change comes into force tomorrow
Get some inspo ahead of Christmas