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The Fraser & Fraser office looks quite cramped - having a camera crew under your feet probably doesn't make your jobs any easier, I would imagine.
Don't you think that heir hunters are right to withhold the information that may have cost them a lot of money to find ?
When it comes to situations when they know how much they will gain from an agreement whilst the other party is signing blindly I not sure that is right.
I appreciate that work has been done and a fair price should be paid (Of course heir hunters need to turn a profit, else we wouldn't have any!). My concern is over the high percentage commission on larger estates, an area open to abuse, and the area the tabloids are focussing on.
Do the heir hunter firms itemise their 'work' to the beneficiaries after the event? I would imagine any expenses have to be fully accounted (receipts etc.), but what about the general day to day work?
I think the company who stated in those hightly reputable "newspapers"
that they only charge a flat fee are slightly misleading, becuase if you read on they then say they will go on to charge time related fees, and if their fee for getting a BDM certificate (if i have read it right) is £50,
then equate that to possible fees they charge,
then i am afraid they won't be getting the part of snow white in the next pantomme.
The administrator still has a legal duty to account for all the heirs. The six months is the time for creditors to apply for repayment from the estate not heirs
"The estate cannot be dealt with until all claims to it have been received. Individuals have six months from the date when probate was granted to make claims against the estate."
http://www.lawsociety.org.uk/choosingandusing/commonlegalproblems/probate.page
