Estate Search Webinar – The Missing Billions, Unclaimed Assets and Developing Best Practice

This continuing competence session covers an investigation into the £Billions in unclaimed assets, how the value of unclaimed assets in the UK is at an all-time high and how this money has been missed.

We’ll look at the forthcoming Dormant Asset Act of 2022, and its implications, along with scrutiny of the obligations of Executors to find ALL the assets in an estate at the time of administration, the implications of not doing so and what kind of best practice and due diligence should be conducted by your firm.

Learning objectives will include:
– The value of the missed billions – how much money is unclaimed in the UK.
– Banks, NS&I, Pension Funds and the asset pot and the values in them.
– How has all this money accumulated?
– Why is it unclaimed?
– Implications for Executors and Beneficiaries
– Barclays – a case study in missing an asset
– The Dormant Asset Act 0f 2022 and the implications for the PC professionals.
– How to conduct best practice and due diligence when locating and identifying assets and administering estates.