Shopping & Style12 mins ago
Investments
3 Answers
Are banks building societies and other financial institutions obliged to keep records of savings and investments indefinitely ?
For example if you are dealing with the estate of a deceased can you ask the various institutions for details of all accounts and investments that that person had that was not closed by the deceased ,?
For example if you are dealing with the estate of a deceased can you ask the various institutions for details of all accounts and investments that that person had that was not closed by the deceased ,?
Answers
Best Answer
No best answer has yet been selected by Bazile. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I know from experience that the inland revenue can interrogate your books for up to six years and I think monies left without a will are kept for 10/15 years ?, before Boris gets it, but I think that companies,societies,etc.are obliged ,until instructed by a power of attorney,to retain all matter pertaining to the name.?