Finders are now offering Landmark’s Financial Asset Search (FAS) to enable thorough searches of UK asset sources to be made quickly and easily. Overseas Asset repatriation can be arranged, please contact us if you require this.

 To Order a Missing Asset Search complete the form here and forward to us along with your cheque for £135 + VAT payable to ‘Finders’ or contact us for BACS payment information. Payment must be made in full in advance. FAS Searches are only available to legal professionals.

FAS draws together all the resources that can currently be checked for unclaimed assets and will help you check for funds that may have been overlooked or deposited in accounts that have been forgotten, including searches of:

• Pension providers and the Department of Work and Pensions
• Over 200 financial institutions
• UK Shareholdings – over 15 million records

Risk Management & Compliance

Probate practitioners should be aware of the potential consequences of failing to identify all financial assets during an Estate administration, please note:

Administrators or Executors failing to comply with the new Inheritance Tax (IHT) penalty regime risk having to pay penalties and additional tax and firms advising them could face claims for negligence.

It is vital that practitioners properly inform Administrators or Executors on asset identification and of the potential consequences of inaccurate IHT returns.

Most searches are completed within 28 days, but this is a target delivery time only and cannot be guaranteed as we are reliant on third parties.

Downloads

Click here to download the FAS Consumer Brochure

Click here to download the FAS Lawyer Brochure