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Beneficiaries to our Holdings


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On 05/06/2020 at 14:10, Vildude said:

How do we nominate a beneficiary or beneficiaries to our holdings?

What happens to our holdings if we haven't nominated anyone?

 

To be clear, I'm wondering what happens to our holdings if we die (or something really bad happens to us)? How do we manage this going forward? I will post back if I find something, maybe I haven't looked hard enough

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  • 11 months later...
On 05/06/2020 at 05:10, Vildude said:

How do we nominate a beneficiary or beneficiaries to our holdings?

What happens to our holdings if we haven't nominated anyone?

4 hours ago, someguy said:

I would like to know the details of it please.

 

Thanks for your posts. 

If the worst were to happen we would need the following from person you're leaving the funds to:

- Death certificates

- Will

- Bank statement for executor's account we'd remit funds to.

- If over £500 with us then we'd also need grant of probate to release the funds

This is our process if a trader with us dies. 

If you need anymore information on this let me know. 

All the best 

Charlotte 

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