“BANKS have been accused of ripping off bereaved relatives by imposing “ludicrously high” charges on the estates of customers when they die.”
A look into the probate services provided by banks, the quality of service and the excessive charging structures that they use.
“A service for finding a competitively-priced probate solicitor. Final Duties claims to be the UK’s first independent broker for the work involved in administering a deceased person’s estate.”
A breakdown of final duties as a probate broker the advantages of using a probate broker and what are the alternatives.
“It’s a £600m a year rip-off, where banks and solicitors are charging large fortunes to sort out small estates. It’s worse because they prey on grief-stricken families who are not in a mood to argue, or shop around,”
Banks and solicitors are overcharging consumers small fortunes for sorting out wills and small estates. Tony Levene meets Britain’s first ‘probate broker’
“Enticing offers of discount or even free will-writing services may sound harmless enough, but many families who take this route risk paying dearly when it comes to sorting out the eventual estate.”
A look into the disturbing practice of banks and solicitors writing themselves into wills as executors leaving the families of the deceased to shoulder the burden of expensive legal fees or the ordeal of trying to have them removed.
“Bereaved families are being preyed upon by banks and unregulated probate firms which charge thousands of pounds to execute the estate of their loved ones. Money Mail and consumer group Which? have separately investigated the often-murky world of will-writing and probate services – the legal process of handling the affairs of the deceased.”