Haven't applied for probate...

Leslie999

I understood that in Scotland, a joint account is not "jointly' owned, but each owns half of the account. There is not an automatic right to the other owners share, it is subject to the instructions in the will and must be declared on the IHT documentation.
This is different to England.

getmore4less

Leslie999 wrote: »

I understood that in Scotland, a joint account is not "jointly' owned, but each owns half of the account. There is not an automatic right to the other owners share, it is subject to the instructions in the will and must be declared on the IHT documentation.
This is different to England.

In E&W the share of joint accounts(and property) needs to be declared on the IHT forms.