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I have a client, the Next of Kin of a death. He already get the Royal Court of Justice's certificate to prove that he is the Next of Kin and can be the benificiary of the inheritance.
The person was dead a few years ago and his assets will be taken be Government soon this year.
However, my client doesn't want to receive the death's assets anymore due to personal reason. He would like to cancel his status as beneficiary.
May I know the procedure and forms he has to fill in?
Please kindly advice.
Client? What is your interest in this? Why does he not want to receive the dead person’s assets any more? Is it because he will affect any benefits he receives? I need the background please as to why he wants to do this. The process is relatively simple but it would be negligent not to advise fully on whether, even if he does it, it is effective and whether it is going to cause any problems for him. When did the person die? Where are the assets now? Please explain your comment “his assets will be taken be government soon this year”, I haven’t got a clue what you mean by that.
Has probate been granted?
Is this all in UK?
Who applied for probate?
Is there a will?
Please bear with me today because I will be online and off-line all day.
I have no interest in this. I am just an insurance broker and one of my client asked me this.
He doesnt want to receive because it is not morally right as he wasn't in a good relationship with the death.
The assets are pure money with a UK local bank.
The person (British Citizen) died in a car accident few years ago (with the whole family) and the bank couldn't find any beneficiary until they found my client who is based in Hong Kong.
The Bank notified my client few weeks ago that the assets will be taken away by UK government as during the past years, nobody claimed to be the beneficiary.
My client simply doesn't want to be the beneficiary anymore.
Please advise. thanks
Has probate been granted? NO probate has been granted. As the death died without making a will.
Is this all in UK? Yes, all in UK.
Who applied for probate? Nil.
Is there a will? No will.
there is no Estate involved in the whole case. Only cash in the bank account. so, there is no executor. (Please note the death died without making a will)
Can my client submit the form by himself? If yes, to which party? Royal Court of Justice?