Haven't applied for probate...

edited 29 May 2013 at 7:27PM in Deaths, Funerals & Probate
12 replies 1.9K views
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  • Leslie999Leslie999 Forumite
    38 Posts
    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.
  • getmore4lessgetmore4less Forumite
    44.4K Posts
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
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    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.
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