Inheritance Claims Assistance
Recovering funds and assets held by Gibraltar banks following the death of a loved one can be a complex administrative process. Our service includes liaising with the relevant financial institutions, preparing and reviewing the required documentation, and managing the application process to help facilitate the release of the deceased’s assets to the rightful beneficiaries as efficiently as possible.
How We Can Assist With Inheritance Claims
- Assess your circumstances and advise on the documentation required by the relevant Gibraltar bank
- Liaise directly with Gibraltar banks throughout the inheritance claim process
- Prepare and organise the required application forms and supporting documentation
- Arrange for documents to be certified, sworn, legalised, or apostilled where required
- Coordinate with local law firms where the bank requires legal documentation, ensuring the necessary legal formalities are completed efficiently
- Monitor the progress of the claim and provide updates throughout the process
- Respond to queries raised by the bank and help resolve requests for further information
- Help facilitate the release of funds and assets to the rightful beneficiaries once all requirements have been satisfied
Why Might You Need an Inheritance Claim Assistance?
You may require Inheritance Claims Assistance to:
- Recover funds or assets held by a Gibraltar bank following the death of a loved one
- Navigate the bank’s inheritance procedures and documentation requirements
- Prepare and submit the required forms and supporting documentation
- Coordinate with local law firms where legal documentation is required
- Respond to requests for additional information from the bank
- Reduce delays by ensuring the application is completed accurately and all required documentation is provided
- Receive professional guidance throughout the inheritance claim process
Important Things to Remember
- Each bank has its own requirements. The documents and procedures required to release inherited funds may vary depending on the financial institution and the circumstances of the estate.
- The bank must verify your entitlement before releasing any funds or assets to a beneficiary.
- Additional legal documentation may be required, depending on the value of the assets and the bank’s internal requirements.
- Documents issued outside Gibraltar may need to be legalised or apostilled before they can be accepted by the bank.
- Banks may request further information during the application process, even after the initial documentation has been submitted.
- Processing times vary. The time taken to release funds depends on the complexity of the estate, the documentation provided, and the bank’s internal procedures.
Required Documents
The documents required will depend on the bank’s requirements and the circumstances of the deceased. Typically, you may be asked to provide:
- The deceased’s death certificate
- The deceased’s passport
- The beneficiary’s valid passport
- Proof of the beneficiary’s residential address
- The Will (where applicable).
- A Grant of Probate, Letters of Administration, or other legal authority to administer the estate, where required
- Documentation confirming your entitlement as a beneficiary, if requested by the bank
- Bank account details for the transfer of inherited funds
Turnaround Time
Inheritance Claims Assistance involves two stages:
Application Preparation and Submission: Once we have received all the required information and supporting documents, we can prepare and submit your application within 5 working days.
Application Processing: After your claim has been submitted, it will be assessed by the relevant Gibraltar bank. Processing times* vary depending on the complexity of the estate, the bank’s internal procedures, and whether any additional documentation or legal requirements need to be satisfied before the funds can be released.
*Disclaimer: The processing of the above services is the sole responsibility of the financial institution processing your application. A2Z Business Solutions acts only as an independent facilitator and assumes no responsibility for the processing, approval, or outcome of these services.
