Estatesearch: Managing Risk in Estate Administration – Missed Assets and Liabilities


Missed Assets and Liabilities - Due diligence, managing risk and best practice Investigating a deceased’s finances is a large part of a Personal Representative’s job during the process of estate administration. It’s one of their primary and most urgent duties and is an essential part of the due diligence, risk management and best practice they are expected to carry out within their role. Unclaimed Assets in the UK 2020 figures from Reclaim Fund Limited - the fund banks pay assets into when they have reached 15 years or more - show that there was a staggering £1.3 billion left in the [...]