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Legal, pensions and money

Advice re winding up estate.

(160 Posts)
HUNTERF Thu 21-Mar-13 11:23:12

Just had a phone call from a lady in her late 30's.
Her mother has passed away and her father passed away some years ago.
There is a will.
The problem is she does not know where the money is but she knows the house is owned by her mother.
The only help I can think of giving her is to offer to help to search the house for evidence of money. I will not feel comfortable looking through other people's cupboards but I will do it if she wants me to.
Anybody got any other suggestions.
When my father passed away I had his money recorded on a spread sheet and I knew exactly where it was. I just think there is a chance a Gransnetter has been in this situation.

Frank

Anne58 Thu 21-Mar-13 19:53:49

I'm pretty certain that Frank does hold his own. wink

Nonu Thu 21-Mar-13 19:51:52

No doubt about that at all GRace , he sure can .

moon

gracesmum Thu 21-Mar-13 19:26:56

Actually, j08, I was the person trying to plead for some toleration for *Frank because I felt he was being ganged up on - and I was virtually accused of "fancying" him angry when just trying to be on the side of the underdog , but I realise nowFrank can stand up for himself.

Galen Thu 21-Mar-13 19:00:44

Very good for bodies as well if you want to falsify the time of death. eg. If 7year rule applies for lifetime gifts!

j08 Thu 21-Mar-13 18:07:04

Ah no!!! You mean you hide things there!

j08 Thu 21-Mar-13 18:06:00

Nonu you been a burgular in a previous life?

j08 Thu 21-Mar-13 18:05:14

gracesmum I don't think I mocked you. I most likely told you what I thought about your winding up of Frank and getting enjoyment of it.

shysal Thu 21-Mar-13 17:58:49

Apparently one of the most popular places for hiding valuables is the freezer.
I agree it would be a good idea to check beneath and behind the bottom drawer of a chest.
However, I don't think it should be you doing the searching, Frank.

Anne58 Thu 21-Mar-13 17:54:36

I thought I recently posted something about Frank, the Movie but may be wrong.

Nonu Thu 21-Mar-13 17:51:53

Kitty, The musings of HunterF , aka Frank .

Could be a best seller , AND we might have bit parts .moon

whenim64 Thu 21-Mar-13 17:24:50

Frank we don't have anyone offering the sort of support you describe in my neighbourhood. We just get on with things unaided. How have these people in need of assistance managed to find you?

Nonu Thu 21-Mar-13 16:59:23

Well obviously Frankie , that is the way it has to be !!!!!!!!!!!!

envy

Mishap Thu 21-Mar-13 16:51:29

Phew!

HUNTERF Thu 21-Mar-13 16:49:38

Hi absent

We only asked for general advice about the situation not about the individual account.
No gracesmum. The daughter is the sole executor.
My father was my mother's executor and I was the executor if my father had not been alive and my mother was my father's executor and I was the alternative executor if my mother was not alive which was sadly the case.
My brother passed away before the will was drawn up.

We are going to have a meeting about wills in our family soon.
We are thinking along the lines if one whole part of the family goes down in an aeroplane for example we will want our assets to go to another part of the family but this needs careful thought to accommodate changes for example our new arrival at the end of the month.
Obviously we will need to consult a solicitor about this.

Frank

kittylester Thu 21-Mar-13 16:43:35

Do any of you watch Midsomer Murders, Bergerac, Death in Paradise? There are so many murders for such small areas that it is all a bit farcical. I'm wondering if all the things that happen to Hunter are part of the script for a future show and we are the guinea pig audience. grin

gracesmum Thu 21-Mar-13 16:34:42

Presumably there are 2 executors and they have the right to make these enquiries? So how do you fit into this, then?

Bags Thu 21-Mar-13 16:31:17

But you can if it's a game and you have special powers.

absent Thu 21-Mar-13 16:20:19

Can you just go into a bank and ask about someone else's putative account without any kind of legal authority? Well, I suppose you can ask but I don't think you can reasonably expect an informative answer.

soop Thu 21-Mar-13 16:16:38

I'm very fond of Frank, he makes me laugh out loud. grin

HUNTERF Thu 21-Mar-13 16:15:28

Hi Gracesmum

I suspect you are right and I think most of her money will be in the bank.
The problem is which bank / banks.
I have been in to 2 banks and unfortunately there is no central registry of accounts and none of the staff could think of any way you could be sure all assets have been accounted for.
The house will have to be searched and it will be a long job and there is no guarantee everything will be found.
I have phoned the Inland Revenue and the person said they do understand money sometimes comes to light after the estate is wound up and they do not prosecute unless it is definitely fraud.

Frank

gracesmum Thu 21-Mar-13 15:49:21

When I was involved with a counselling service for people with major issues, we used to get a whole lot of "hoax" calls which really depressed me for a variety of reasons. One was that we had to take everything at face value until 100% certain it was a wind-up (often with a sexual scenario) which we could then challenge and two, because it was effectively taking up volunteer time which could have been better spent on people with geunuine problems. However it was also apparent that these "hoax callers" had their own attention- seeking issues and were needy in their own right. They were not necessarily malicious but lonely, craving attention and importance and with time on their hands. Some also had mental health issues and the weekend (when I was on duty) was a bad time for them as their psychiatric/social worker was not available and they had no-one else to talk to.

Nonu Thu 21-Mar-13 15:47:06

^IF it is a game , long may it continue , say I smile

Bags Thu 21-Mar-13 15:40:15

graces, quite. This is why I think it's a game. I notice he hasn't responded to that suggestion.

gracesmum Thu 21-Mar-13 15:35:57

Sorry about the black!! Got my Asterix in a twist!

gracesmum Thu 21-Mar-13 15:34:48

Does being delusional count as a mental health issue? I too was mocked (oh yes I was, j08) for trying to appeal for kindness for *Frank as I felt some posts were unintentionally cruel, but there is a strange quality of paranoia (the "friends of frank's father's lady friend and the soi-disant reporting to the police) and obsessive - the single sex gym issue and the constant harping on about money/houses/care home fees.
If you were to respond directly Frank instead of banging on with weird things usually prefaced by "Obviously" it might be clearer. You see I think there is nothing obvious about a woman in her 30's asking an old codger to help her search her house for her mother's money. It is just bizarre.
Oh, and most people keep their money in the bank, their valuables in a safe and their jewellery if not in the safe, in their dressing table, for future reference.