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Accessing Joint Bank Accounts

Jan 12

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A joint bank account is an account shared by two or more people. When the account holders are married or in a civil partnership, the money usually goes to the surviving spouse through "survivorship".


If you're unsure, avoid accessing or spending the funds until survivorship is confirmed to prevent any issues. If the account doesn’t pass by survivorship, the money becomes part of the estate and can only be accessed after probate is granted.


You can contact the bank to check the account terms, or the joint holder may have a copy. If the bank can't confirm, your solicitor can review the situation and provide advice.


If the bank account needs to be frozen to prevent any payments from coming out, refer to: Cancelling Unnecessary Expenses and Freezing Bank Accounts

Disclaimer: Please note that the information provided in this article is for general informational purposes only and should not be construed as legal advice. It is always recommended to consult with a qualified legal professional for advice tailored to your specific situation. No liability whatsoever is accepted by Simple Probate from any action taken in reliance of the information contained on this website.


Jan 12

1 min read

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