What is an unclaimed asset?
What are the most common types of unclaimed assets?
How was the asset in question lost?
Whatever the circumstances, we are here to help all those who are genuinely unaware of their unclaimed entitlement(s).
Why have you contacted me?
How have you found me?
How did Treethorpe come by this information?
Alternatively, individuals and organisations may contact us to conduct research for them because they are unable to trace the relevant individuals with the resources they possess.
Why do assets become unclaimed?
How do we identify owners and beneficiaries?
We may have to work our way through a family tree, (using public records i.e. Births, Deaths & Marriages) or attempt to make contact with other relatives, friends or neighbours. This sort of research work can also include working through census records dating back decades, or even centuries.
Unfortunately, although it may lead to a living relative, the line of entitlement may stop at any given point; for example, second and third cousins cannot inherit under the rules of intestacy. On these occasions, we will often have to abandon the case, or refer the matter on to the relevant government agency.
Even if a person dies with a valid Will, complications may arise if the estate has remained un-administered for a long time, as for example the appointed personal representatives have also since passed away. In such cases, we will follow the line of Executorship, but if this line ends or the individuals that may act are unwilling to do so, we will have to revert to the rules of intestacy instead.
When the correct individual(s) have been found, and our research validated by our internal quality assurance we will verify their identity initially by asking them to confirm certain information that we may already hold.
It is only after we have made sure we have traced the correct individual(s) that we will invite them to engage our services and provide the necessary information needed to claim their entitlement(s).
What are the commission costs?
What are your administration costs?
For more details of our fees please see our Fees and Commissions page.
Will I have to pay an administration and/or tracing fee?
In addition to this, it is inevitably as a result of a change in circumstances for the private individual that will have triggered lost contact, and this may have been avoided by for example, informing the custodian organisation of a change of address.
Is there an additional charge for you to recover the assets on my behalf?
We do encourage our clients to consider allowing us to help them in this way as a matter of routine as the recovery of unclaimed assets can be a time-consuming and difficult exercise for the unwary; our experience of such matters will help ensure it is dealt with as promptly and efficiently as possible.
Where we do administer the recovery of the asset(s) any incidental costs and disbursements charged by third parties will be deducted from the proceeds of the asset(s) at cost (as per Paragraph 32 of the Treethorpe Terms and Conditions). Where the distribution exceeds five beneficiaries we will reserves the right to apply a Case Handling Fee in line with our published rates on a Time and Materials basis.
Do I have to pay anything upfront?
How much of an entitlement will I get?
If however a relative of the deceased cannot be traced then the entitlement eventually goes to the Crown. The time limit on making a claim on unclaimed assets is usually 12 years. If the claim is made within 30 years of the individual passing away however, the Crown may allow the estate to be retrieved at their discretion.
Are there any risks involved?
Clients acting as Personal Representatives to an unclaimed estate should refer to the Personal Representative Guide on how risks are minimalised by using our service.
Can you use the authorities I provide you for anything other than the unclaimed assets I am entitled to?
Could you have made contact with me to pursue debts I might have towards an organisation?
How long do you have to wait for results?
Be assured that we will always progress your case as quickly as we can.
How long do your cases take to get completed, on average?
Can I make the claim myself instead of agreeing to proceed with you?
Additionally, our researchers are trained and skilled in recovering assets. They know how to handle ‘red tape’ and other legal barriers in order to obtain your rightful assets.