We have unfortunately been dealing with a number of probate cases recently and it strikes me just how different the families’ experience can be, depending on how organised the deceased had been with their financial affairs and paperwork prior to their passing.
In some cases, people have been very conscious of the ‘mess’ that will be left behind when they pass and have made a concerted effort to simplify and consolidate their affairs. The ideal scenario here is that all of the cash banking is with a single organisation (or, if multiple savings accounts are required, then these are handled through a cash aggregation platform) and all of the investments are held on a single platform – simple!
