If a loved one dies and you know they had premium bonds, you can claim those savings if you are legally entitled to them lauriehavelock explains ⬇️
You can only ask for a trace on your own account, or for someone you are legally entitled to act on behalf of. That means if you are trying to help someone who is still alive track down their premium bonds, you will need to assist them in making the application themselves, or have some kind of legal right to represent them such asIf the person in question has died, then the executor of their will should be able to ask for an account to be traced.
At the moment, tracing requests can expect a response within around 40 days, a spokesperson for NS&I toldWhile you may be keen to find and consolidate all of a person’s assets once they die, you can actually leave premium bonds where they are for up to a year. Once the holder has died, the premium bonds can remain in the “draw” for 12 months, which means they are still eligible for cash prizes.
Anything won after a death will be held onto while NS&I processes who’s entitled to the money. Once this has been resolved, any future winnings will be sent to that person as a cheque. The prizes cannot be paid electronically. Once the 12 months is over, the person now entitled to the account will receive everything in it, in the form of a cheque. If you still want to hold premium bonds, you could invest in some new bonds for yourself, or if you already hold the maximum, you could consider opening a new account
Belgique Dernières Nouvelles, Belgique Actualités
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