Donate SIGN UP

Joint savings account

Avatar Image
cintique | 12:49 Fri 19th Jan 2007 | Civil
1 Answers
My Sister died a few years ago. As she left no will and had no husband/partner and no children her estate went to probate. As I was her only living sibling I was made executor of her estate. I received my share and the rest was divided between her late brothers and sisters siblings. I have since found another of her savings books, which is in joint names with one of her nieces.
If I hand this book in, will her niece get all the proceeds of what's in the account ?
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by cintique. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Yes. Joint owners inherit property irrespective of the terms of a will/intestacy. Unless it was put into her niece's name for say, convenience, to help her pay bills etc (unlikely if it is a savings account) which is difficult to prove the account rightly belongs to the niece.

Only 1 answerrss feed

Do you know the answer?

Joint savings account

Answer Question >>