Theres a TV show currently showing on the BBC called Heir Hunters, they track down relatives of unclaimed estates from people who have died without a will.
Todays programme was a woman who had left over 980K, the 'hunter' once they track down the living bloodline members then get a percentage of the estate, great work eh ! They found her relatives, there was 2 cousins, once removed, living in Australia
what a surprise they got
They also cover very sad stories of family members who have no claim for various reason, apparently in the UK, if you are adopted out of a family you have no legal rights to any of the estate even though you are a blood relative
thats obviously if theres no will.
Monies left without a will then gets handed over to the governments treasury once all the debts are paid. I understand theres a timescale when you can apply to claim.
The programme made me realise how important making a will was. I already have one as Spanish law requires it of foreigners owning property to make a will.
Todays programme was a woman who had left over 980K, the 'hunter' once they track down the living bloodline members then get a percentage of the estate, great work eh ! They found her relatives, there was 2 cousins, once removed, living in Australia
They also cover very sad stories of family members who have no claim for various reason, apparently in the UK, if you are adopted out of a family you have no legal rights to any of the estate even though you are a blood relative
Monies left without a will then gets handed over to the governments treasury once all the debts are paid. I understand theres a timescale when you can apply to claim.
The programme made me realise how important making a will was. I already have one as Spanish law requires it of foreigners owning property to make a will.