Premium Bonds - NS&I

SaverRate

Sorry if this is the wrong place to post but need some advice. 

My grandparents passed away last year a few weeks apart. Both having premium bonds. Lets call them N&G. They were married. 

N passed away first and everything passed to G

G passed away and probate was applied for.

N&SI have released the premium bonds G held as probate has been granted but are requesting a certificate of probate for N. However probate wasn't required for N as everything passed to G.

We have tried multiple times to explain this to NS&I but they keep asking for a probate certificate for N.

Please help! Any advice appreciated 

Hoenir

Not a question of explaining anything to NSI as they have their own internal rules. NSI have a financial threshold of £5,000 where probate is required to release the funds. 

SaverRate

Hoenir said:

Not a question of explaining anything to NSI as they have their own internal rules. NSI have a financial threshold of £5,000 where probate is required to release the funds. 

Okay so even though all of N's finances passed to G and are included in the probate of G we still need to apply for probate for N?

Flugelhorn

yes because N's bonds could not pass to G without probate and hence aren't in his estate 

SaverRate

So if we included the amount of premium bonds of N in the probate of G do we need to worry about this or just apply for probate for N?

also when applying for probate of N is it just the premium bonds we include nothing else as everything else was joint therefore passed to G 

SaverRate

any help with the last query would be really appreciated 

Alphatauri

You will need to do full probate for N to reflect their estate at the date of death. 

SaverRate

Thank you! 

The rest of the estate were all joint accounts with premium bonds being the only thing in sole names. 

Do I include the joint accounts in the probate for N or not?

The joint accounts were included in the probate for G