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C1 confirmation form (Scotland)
lobr
Posts: 2 Newbie
My mum passed away recently leaving a will stating that my dad is sole beneficiary. They owned their home and had a survivorship clause in the title deeds so the house transferred automatically to my dad when my mum passed. When completing the inventory form do I need to give details of the property?
They also held a joint bank account, do I need to include this on the inventory form showing 50%? Getting conflicting advice.
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Comments
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If the house share passes by survivorship, then it is not listed in the inventory, However the value is included in the calculation for box 21.
In Scotland, the contents of a joint account do not normally automatically pass to the surviving account holder. Therefore the share of a joint account should be listed in the inventory. Assumed at 50% of the total (but the share can be different depending on evidence). An example here https://forums.moneysavingexpert.com/discussion/4965475/grant-of-confirmation/p57
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So sorry for the late reply. Thank you so much for your help, it is very much appreciated0
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