Surnames most definitely to be owed inheritance – with greater than £1bn to be claimed
New analysis has revealed the 15 surnames most definitely to be owed inheritance – with one final identify being value nearly £19million.
Delving into the newest unclaimed estates information, the wills and probate group at nationwide legislation agency Richard Nelson LLP discovered that in whole, there are greater than 6,000 Britons who could possibly be owed a sizeable inheritance.
With the typical property being valued at £150,000, folks throughout the UK could possibly be in line for a payout value as much as a staggering £1billion.
Yorkshire, Surrey and Sussex make up the three counties that rank high for having essentially the most unclaimed estates, amassing 444, 343, and 261 respectively.
Meanwhile, London, Birmingham and Leeds make up the highest three cities with unclaimed estates, amassing 1,018, 185, and 130.
The analysis discovered Britons with the surname Smith are most definitely to be owed inheritance with a complete of 122 unclaimed estates falling underneath this final identify.
The surname Jones locations simply behind with a complete of 78 unclaimed estates, value as much as a worth of £11.7million in inheritance.
Making up the highest three is the surname Taylor, the place there are 51 unclaimed estates value as much as £7,650,000.
The high 15 surnames for unclaimed estates embody:
- Smith: 122 unclaimed estates value £18,300,000
- Jones: 78 unclaimed estates value £11,700,000
- Taylor: 51 unclaimed estates value £7650,000
- Brown: 48 unclaimed estates value £7,200,000
- Williams: 45 unclaimed estates value £6,750,000
- Wilson: 36 unclaimed estates value £5,400,000
- Johnson: 35 unclaimed estates value £5,250,000
- Davies: 33 unclaimed estates value £4,950,000
- Thomas: 31 unclaimed estates value £4,650,000
- King: 28 unclaimed estates value £4,200,000
- Kelly: 27 unclaimed estates value £4,050,000
- White: 26 unclaimed estates value £3,900,000
- Ryan: 26 unclaimed estates value £3,900,000
- Harris: 24 unclaimed estates value £3,600,000
- Martin: 23 unclaimed estates value £3,450,000.
An unclaimed property happens when an individual dies with out having a will in place and their household can’t be traced. In these circumstances, the Crown Estate takes possession of their possessions.
Commenting on the findings, Rebecca Head, marketing consultant solicitor within the wills and probate group at Richard Nelson LLP, stated: “With our research revealing there have been more than 6,000 unclaimed estates in the UK since the start of the year, it is evident that many people are failing to adequately prepare for their death.
“While making arrangements for when you pass away is an uncomfortable and often unwanted task, the importance of it cannot be understated.
“By making a will you can help to protect your loved ones after you die and ensure your possessions are distributed as you’d wished.”
People can test in the event that they’re entitled to an unclaimed property through the Gov.uk website.