News story

Change to policy when accounting for balances of estates

BVD will no longer account for the balances of estates under indemnity if Letters of Administration were previously granted to the Treasury Solicitor.

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BVD will no longer account for the balances of estates under indemnity if Letters of Administration were previously granted to the Treasury Solicitor.

This policy will apply with immediate effect and to any estate, irrespective of its value.

If the money BVD holds is less than £15,000 and Letters of Administration were not granted to the Treasury Solicitor, BVD will continue to account for the balance of the estate under indemnity.

Further details can be found in the ‘Make a claim to a deceased person’s estate’ section of this website.

Published 5 February 2020