Death of a Gambler!

[harry_rag]

As my thoughts have turned to the subject of getting a will sorted out I've suddenly found myself wondering what happens to any money on deposit with bookies when the customer dies.

Would I be correct in assuming that, as long as they know where you had an account, your executors would be able to contact the firms in question and get the money back to be added to the estate? The alternative (that the bookies get to keep it) doesn't seem like an acceptable scenario.

I will have a look at one or two firms' T&Cs but just wondered if anyone knew from past experience.

[StevieDay1983]

I hope you're not planning on doing anything stupid anytime soon, Harry! 

In response to the question, I'd assume it would be the individual's responsibility to identify which accounts held funds belonging to them. Upon death, the necessary parties would then trace these funds and share them amongst those the individual so wishes.