Death /Books Interesting Question

[THE HITMAN]

Does anyone know of anyone who has first hand knowledge of a situation where a client has an offshore account and has died. How hard do the books usually make it for any heirs? Do they put them thru hell? Or for the the executors? I guess we all know what happens when a sole intestate individual passes, or to someone who keeps their accounts secret(no one knows of accounts, so books keep $$). Anyway, just wondering..........anyone shed any light on this interesting area?

In any case, guess it's good advice to always leave your account #'s with a trusted individual

[jjgold]

Probably very hard

lost money

[Vermonster]

Maybe if you have 10k in accounts, anything less not worth the hassle

Even then I doubt books would pay out

[Mr KLC]

If you live in America, and the offshores did that, I don't know who you really would have to complain to.

[Vermonster]

If you live in America, and the offshores did that, I don't know who you really would have to complain to.

exactly. nothing you can do

[CWD]

better quetion how many accounts at sportsbooks are dormant with dead clients? guaranteed most people who have sportsbook accounts after they drop dead nobody knows or cares or could even access them to find out. im sure books are sitting on a lot of DEAD money as we speak.

[BIGDAY]

Mmachicka would log in and select withdraw.

Easy Peasy

[TheMoneyShot]

Thought about this a few times....

I would consider it DEAD MONEY. Oh well. Everyone else's life goes on!

[Snowball]

if the book is licensed in the country of its jurisdiction
and the laws say that a spouse has rights to the account
then there could be an avenue.
it depends on the laws.
for example if you are Costa Rican and have account with X
or if the book is under the laws of Curacao, etc.