There are increased government pressures to repatriate ‘lost accounts’ and locate lost account holders. This can be occur 5 to 10 years later. If a Financial Asset Search has not been done, the solicitor/executor will need to reopen the case to distribute funds. This could incur further costs to the estate. The Estate Distribution Warranty will cover you for up to £10,000 for 10 years, in the event that additional searches are required. Also, the comprehensive search report that you receive can be used as evidence of due-diligence if ever required by HMRC of beneficiaries in the future.