I hope that I’ve posted this in the right place, if not, Mods please move or close down…
I’m seeking some advice on the behalf of my In-Laws who recently inherited a large sum of money – the In-Laws are based in the UK with the Inheritance being over in the US, California to be exact and whilst it’s not huge amount of money, it’s still quite significant and would certainly make their retirement that so much easier.
They’ve appointed the Deceased Lawyers, and to be honest they’re not being that useful, nor that pro-active. The ILs have been told that they need to set up a US Bank Account for the Inheritance to be transferred in to and they’re having difficulties in doing this, there’s also questions around tax liabilities etc – they’ve contacted HSBC and are in the process of speaking with Chase re accounts but again, getting nowhere with this – I must add, whilst not elderly in the old age sense, they haven’t got a huge amount of energy and they’re getting quite frustrated by the lack of progress from the US Lawyers and their lack of help and assistance, not helped by time differentails.
My wife has offered to help, however she’s not a named beneficiary and they’ve said that they’re unable to deal with her.
I’m not too sure what options are open to the ILs and was hoping for some advice – my wife previously contacted a UK Law Firm but that didn’t really go anywhere but I’m wondering whether to explore this option again – I guess I’m essentially after finding someone UK Based who can take over the ‘admin’ from the ILs and drive this forward?
Has anyone done similar and able to offer any advice?