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What happens to Premium Bonds when someone dies?

on 19-Jul-2023 10:50:00 By | Nigel Merchant |
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.
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