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The Common Room / intestate rules
« on: Thursday 17 January 19 11:17 GMT (UK) »
Hi all,
Yes it happened to me! Received a letter from a professional genealogy firm referring to a distant relative had died intestate. Large value estate but many potential beneficiaries spread all over the globe!! Now some 2 years on the solicitors appointed are sitting on the liquidated estate running into 6 figures, can somebody advise if the money held by the solicitors will attract interest and at what rate? I am the appointed administrator. The genealogy firm are still chasing potential beneficiaries and say this process could go on for years! Is there a time limit?
Thankyou in advance for any help
Mike.
Yes it happened to me! Received a letter from a professional genealogy firm referring to a distant relative had died intestate. Large value estate but many potential beneficiaries spread all over the globe!! Now some 2 years on the solicitors appointed are sitting on the liquidated estate running into 6 figures, can somebody advise if the money held by the solicitors will attract interest and at what rate? I am the appointed administrator. The genealogy firm are still chasing potential beneficiaries and say this process could go on for years! Is there a time limit?
Thankyou in advance for any help
Mike.