Bona Vacantia - The Unclaimed Millions (*************) (*). (*****) An incredible ₤ (**************).5 m worth of cash and possessions in 2015 were not able to be dispersed from dead peoples' estates. This is a figure which has been increasing dramatically over current years. These sums are known by lawyers as "Bona Vacantia" (literally meaning vacant or unapplied goods). They are the outcome of either an individual not signing up a Will, or a Will not being found after that individual has actually died. If then the household of the deceased can not be traced, the cash needs to go, following historical rules, to the Crown or the Duchies of Cornwall and Lancaster as Bona Vacantia. This is seen by many as an embarrassment to the Prince of Wales being the holder of the Duchy of Cornwall, but standard laws going back to the medieval times require that this is where the cash winds up. One imagines few of these departed individuals would have wanted all of their worldly items to wind up being passed to the Crown or the Duchies! Anti-monarchists frequently mention the scenario as an example versus the Royal family. (******) (*****) The variety of such "unclaimed" estates increasing is a by-product of our modern-day world with an increasing life span, a less family centric society, and a more mobile population (both nationally and worldwide). (******) (*****) The saddest thing is that this end result is simply, and inexpensively, prevented, and so doesn't have to happen. The service is for individuals to sign up a legitimate Will, and it then having the ability to be discovered after that person's death. With the introduction of the internet, lots of people pick to have their Will prepared online. A far cry from the standard, well established path of making a trip into the local Lawyer's workplace. What about making certain one's Will is discovered post-death? In the UK, there is no obligatory main National Register of Wills, unlike some nations including France and Spain. Many argue there ought to be. There are, however, a couple of online Will Registration business that supply a low-cost and simple Will registration service to enable Wills to be registered so that they can be discovered after somebody has passed away. This can be exceptionally useful if somebody has no instant close household, or has actually moved frequently in their lifetime, or where issues exist that a Will could be mislaid or destroyed (by mishap or otherwise) after somebody's death. (******) (*****) So where do you want your worldly goods to wind up? (******). (**). (*******) (***) by (****).Compatibility:
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