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Probate for very simple will
Comments
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jem16 said:Grumpysally said:I'm going to check with his bank today. Is it the combined amount of money or the amount held in individual banks, share accounts that dictate the need for probate? I've read the article on MSE but my brains so foggy at the moment that I'm not retaining any information.
According to the list of banks the Co-op bank needs probate.
I need to chase up his shares too, but I don't think they'll amount to much.
I checked his premium bonds and there was no huge unclaimed prize waiting 😆Shares can be different as they often require probate or using their small claims type service to avoid it.0 -
Grumpysally said:jem16 said:Grumpysally said:I'm going to check with his bank today. Is it the combined amount of money or the amount held in individual banks, share accounts that dictate the need for probate? I've read the article on MSE but my brains so foggy at the moment that I'm not retaining any information.
According to the list of banks the Co-op bank needs probate.
I need to chase up his shares too, but I don't think they'll amount to much.
I checked his premium bonds and there was no huge unclaimed prize waiting 😆Shares can be different as they often require probate or using their small claims type service to avoid it.0 -
Equities usually require probate unless the amount held is very small. You will still be able to get any cash assets below the bank’s probate threshold released without having to wait for probate.0
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