Will Bank Management Service

Unless you are regularly cleansing your Will Bank, you could be in a situation where you’re potentially unable to connect with your customers.

Our 3-phase Will Bank Management Service provides a solution.

Legal firms offering Will Writing services often have a large database of clients which contributes to their pipeline of probate work.

But with over 100,000 home movers and 55,000 deaths in the UK every month, it can be very difficult to keep this database up to date.

We are often approached by clients who have experienced such difficulties, with issues ranging from how to avoid writing out to deceased clients, which can cause distress to grieving families, to ensuring that personal information is not sent out to the wrong address, a potential breach of data protection.

Our Will Bank Management Service aims to help firms manage their data more effectively, whilst also supporting GDPR compliance. Our goal is to empower professionals, giving them insights into their data that allow them to stay connected with their customer base and identify opportunities for revenue growth from existing clients.

Optimise your Will Bank in 3 easy steps

Screening

The FREE screening phase provides an initial health check of your testator database, allowing you to see the percentage of out-of-data records and review next steps

Cleansing

Identification of deceased subjects and rectification of incorrect addresses. The cleansing phase will also highlight unmatched records which may require further review

Notification

Ongoing monitoring including notification of ‘life events’ which may impact your files, including testators passing away or a change of address

The benefits include:

Identify clients whose circumstances have changed, alerting you that action may need to be taken
Maintain more accurate records and meet regulatory requirements in terms of GDPR
Reduces overheads and administration time associated 'return to senders' and ad hoc database management/maintenance
Remove deceased/invalid Wills and reduce off site storage costs

Contact us to discuss your requirements and for a quote for Will Bank Management Services

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Ensure your Will Bank data is clean and compliant with our screening, cleansing and notification services.

POA

Check the overall health of the data on file
Rectify address anomalies and identify deceased subjects
Ongoing notification to inform you of changes

Financial Asset Searches have become an integral part of estate administration. We now commission these searches as a matter of course, and have found that it makes the task of information gathering infinitely less time-consuming and difficult. Tom Bottomley, Partner
I feel by using Estatesearch I am using all possible tools out there to provide the most comprehensive search of a deceased's assets to enable a complete and full administered estate from the get go. Leonie Adams, Director
The Estatesearch Financial Profile Service gives us a comprehensive and robust due diligence process at the click of a button. Using a combination of data and technology goes beyond what we could reasonably achieve otherwise and Estatesearch have helped us identify additional assets in difficult Court of Protection matters. Holly Chantler, Head of Private Client
Having used Estatesearch many times I have always found it to be really quick and easy and if any questions the team are always willing to help and discuss matters and have managed to find other accounts for other clients but with less in them which we are all extremely grateful for. Would highly recommend these are done when dealing with any financial matters. Lynne Ragoubi, Senior Accredited Paralegal
I've found the range of services provided by Estate Search to be vital tools in my day to day work as a private client lawyer. The client portal is an excellent one stop shop for the full range of searches I often undertake. Barry Griffin, Partner
The Financial Profile Service helps us demonstrate all reasonable due diligence in matters where we're appointed as Executors. In a recent matter the Report helped us identify additional assets which our client and the beneficiary greatly appreciated. Charlotte Day, Solicitor
Estate Asset searches are something that I think most estates (and even living clients) need. It takes the burden off of the Executor/representative on death, and if a firm is acting as Deputy during someone's lifetime, it covers you to show that you have done a thorough look into the assets and liabilities Zoe Johnson, Solicitor
We use the Financial Profile Service when appointed as Executors to help us clearly demonstrate we’ve met all our statutory duties. The report is clear and easy to use, helping us quickly make targeted additional enquiries to secure estate assets when required. Rachel Roche, Solicitor Director
The Financial Profile Service helped us efficiently confirm all the estate accounts, and in our latest matter identified a historic pension adding greater value for the beneficiaries and our clients. Liyen Clutton, Biscoes Solicitors
The Estatesearch team are always willing to go the extra mile to help us with our cases and enquiries, using their knowledge and expertise to help us deliver an excellent service while reducing costs for our clients. Michael Graham, Head of Private Client
As trusted legal advisors, our clients appoint us in many different capacities, as executors, trustees, Attorneys and Deputies. Clients place their trust in us, and we take that responsibility seriously. As part of our best practice when undertaking those roles, we conduct an asset and liability search to identify and secure all assets and investments held in an estate, by a trust, or by a donor client. We place our trust in Estatesearch to produce a report that is both thorough and reliable. Estatesearch also support us with several other products that ensure we can provide a professional and comprehensive service across our private client team. Mrs Tracey Hatswell TEP, Partner, Wason Male & Wagland LLP
Just excellent service at all times, the staff are always friendly and are a pleasure to work with. Nothing is too much trouble. Swift, efficient and comprehensive services. (The socks are pretty cool too!) Tristy Pateman, Senior Private Client Executive
As a business reliant on accurate compliance we turned to Estatesearch for our insolvency and bankruptcy checks, and we couldn’t be happier with the experience. Their system is incredibly user friendly, allowing our team to navigate the process effortlessly. We appreciate how straightforward the platform is and look forward to an integration with our software provider shortly. We would recommend Estatesearch to any business seeking a reliable partner for insolvency and bankruptcy assessments. Laura Staples, Partner & Head of Private Client. HK Law

Give us a call today, or send a message and we'll get back to you straight away.

0330 900 1700
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