Author Topic: Simple question, from a Newbie...  (Read 3754 times)

Offline Notaclue

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Simple question, from a Newbie...
« on: Saturday 21 May 11 13:36 BST (UK) »
Hi to all!  My first post here (so please be gentle!)  :) 

I found this forum whilst trawling through search engines, trying to answer a related question I have.  Hopefully someone here could easily tell me the answer?  I did try the Search feature, but couldn't find the answer.

The question is: What are the minimum steps required to find out (or get some idea of) the value of an estate from an intestate death that's featured on the BV list?

I should perhaps tell you some background to my question...

I was recently contacted by an heir hunter, telling me I had a relative who's died intestate and that I could possibly be a beneficiary.  No name, no value, only that if I sign the contract I will find this out.  I do know that my siblings are also potential beneficiaries, as he told me that much.

Since this revelation, my sister and I have done some research of our own (sister would also be entitled, and is no newcomer to genealogy).

We've now discovered who it is (she died many years ago, yet only v recently appeared on the BV list), and how we're connected.  A claim has been registered with the Treasury, as per their Bona Vacantia website instructions, and we're still waiting for info to come back from them.  Spoken with them also, but can't get any crisp answers.  It seems they're in no great rush to track down or confirm heirs, nor answer all the key questions.

We're assuming (or hoping) that once the TO have confirmed entitlement, they'll then divulge the estate value, or a rough idea at least (???).   Or, must we ultimately obtain Letters of Administration before the value can be known?  It seems like such a simple question, but so far we've drawn a blank on finding the answer.   Would rather not fork out £100+ for a grant, only to then find out the estate is hardly worth pursuing after all (which is highly possible)..

We'd be most grateful for any help & advice. 

Thanks in advance.  :)


Offline Billyblue

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Re: Simple question, from a Newbie...
« Reply #1 on: Saturday 21 May 11 14:08 BST (UK) »
Are you ABSOLUTELY SURE that this person is related to you.
Sounds suspiciously like a scam, especially if you can get no information from the BV people.

What is the BV list anyway?   Here in the 'antipodes' we don't have a BV (but undoubtedly have an equivalent like the Public Trustee).
If the BV is an government dept, or even a quango, they would be looking for you themselves wouldn't they? 

Dawn M
Denys (France); Rossier/Rousseau (Switzerland); Montgomery (Antrim, IRL & North Sydney NSW);  Finn (Co.Carlow, IRL & NSW); Wilson (Leicestershire & NSW); Blue (Sydney NSW); Fisher & Barrago & Harrington(all Tipperary, IRL)

Offline Billyblue

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Re: Simple question, from a Newbie...
« Reply #2 on: Saturday 21 May 11 14:10 BST (UK) »
An addendum:

On no account give this 'heir hunter' access to your bank account details, or you might find you suddenly have an empty bank account.

Dawn M
Denys (France); Rossier/Rousseau (Switzerland); Montgomery (Antrim, IRL & North Sydney NSW);  Finn (Co.Carlow, IRL & NSW); Wilson (Leicestershire & NSW); Blue (Sydney NSW); Fisher & Barrago & Harrington(all Tipperary, IRL)

Offline Notaclue

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Re: Simple question, from a Newbie...
« Reply #3 on: Saturday 21 May 11 14:24 BST (UK) »
Thanks for responding Dawn.  Yes, absolutely certain the deceased is related, and how, and which other relatives are entitled (as per the order of intestacy).  Thankfully, the genealogy aspect has been (fairly) easy to determine, helped by the surname being unique.  Glad it's not Smith!  ;)

Apologies for saying BV, that should be Bona Vacantia (ownerless goods).  That's the name of the list that's published regularly here in the UK on the Treasury Office website, briefly detailing all outstanding intestacies.

Please be assured we won't be rushing into any agreements with anyone before we've established the ins & outs of it.



Offline Notaclue

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Re: Simple question, from a Newbie...
« Reply #4 on: Saturday 21 May 11 14:28 BST (UK) »
To add to that... the HH rang my parents, telling them he was trying to track us down, and gave them his number.  I then rang him, which wasn't very revealing as it turned out. 

I do have his address also, though I realise that alone is no reason for trusting it's not a scam.

At the moment my greater concern is the question I posted. 

Offline siledee

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Re: Simple question, from a Newbie...
« Reply #5 on: Saturday 21 May 11 14:48 BST (UK) »
You might want to try posting in this thread. Its about the Heir Hunters tv prog.
Some knowledgeable people on there and Neil Fraser from"Fraser & Fraser"
sometimes posts there.

Offline siledee

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Re: Simple question, from a Newbie...
« Reply #6 on: Saturday 21 May 11 14:49 BST (UK) »

Offline cath151

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Re: Simple question, from a Newbie...
« Reply #7 on: Saturday 21 May 11 15:18 BST (UK) »
I may be wrong but I think the Bona Vacantia only lists estates  of £5000 and above.
Perhaps someone can confirm this.
Cathy
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Offline groom

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Re: Simple question, from a Newbie...
« Reply #8 on: Saturday 21 May 11 15:24 BST (UK) »
I thought that, but looking at this it looks as if it could be as low as £500.

http://www.bonavacantia.gov.uk/output/estates-list.aspx
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