Please note that Kings Court Trust only deals with Premium Bonds when administering the estate of an owner who has passed away. We are not able to track, claim, or sell Premium Bonds otherwise. When someone passes away, all of their assets must be dealt with as part of the estate administration process. This can include property, personal belongings, cash, bank accounts, and more. One asset that is not as commonly discussed is Premium Bonds. However, Premium Bonds form part of an individual’s estate just like a bank or savings account and therefore must be dealt with when handling the assets.

A chain of representation is the legal structure that ensures the ongoing management of an estate following an individual's death. When someone is appointed as an Executor under a Grant of Probate (if the deceased had a valid Will), or as an Administrator under a Grant of Letters of Administration (if there was no valid Will), they act as the representative of the deceased's estate. This formal representation is granted by the Probate Registry.

During the probate and estate administration processes, you may come across unfamiliar jargon; this could include Trusts, Trustees, and Deeds of Appointment. This blog will provide an overview of what a Deed of Appointment is and how it relates to Trusts and probate.

Many people acquire assets across popular European destinations, such as holiday homes and bank accounts. It’s crucial to ensure that these assets are accounted for during the estate planning process. However, there is often a great deal of confusion around how to incorporate these assets into an estate plan to protect loved ones in the event of death.

Dealing with the estate of a loved one after they have passed away can be a complex and emotional process. One important step in the estate administration process can be obtaining a Grant of Letters of Administration (also known as simply Letters of Administration).

Estate accounts are one of the final stages in the estate administration process. These accounts are a detailed record of all the financial transactions that have occurred during the administration of an estate.

According to research from October 2021, over 10% of over 75s in the UK have not made a Will. When someone dies without leaving a Will, known as dying intestate, it hands one of their relatives a role they may not have been expecting, as an Administrator must be appointed. In this blog, we aim to clarify what an Administrator of an estate does, and we also look at the help available if you find yourself in this position.

As we shop, many of us collect loyalty points from various companies, and throughout a lifetime this can amount to a substantial value. However, many of these points will remain unclaimed.

The Executor of an estate has the authority to sell the property of the deceased, as long as it is specified in the Will or authorised by the court. However, the Executor needs to be sure there are no surviving joint owners or clauses in the Will that prevent selling the property.