Darthvadar
Registered User
- Messages
- 480
My darling mum has been quite unwell for a while, and it looked like I was losing her about five weeks ago. Anyway, she has rallied, thank God, and with a Home Care Package from the HSE, I may even get her home again rather than her going into long-term care, fingers crossed.
I've been her sole carer for about the past eight years.
Anyway, long before Mum became unwell (about twenty-five years ago), we put all bank, credit union, Post Office accounts, etc. into joint names. It's been a long term thing. We've always had total trust in the other, and there was never a question of 'This is my money, this is Mum's money'. It's always been 'Our money'. Anyway, I operate the accounts now and as we've always had an 'Allow Either' to operate account', it's been handy for paying bills, lodging money, etc.
Mum becoming so unwell recently got me thinking, if one of us dies, does the other automatically own the account?. There are wills, and I'm the only executor and beneficiary of Mum's, and vice-versa, but as the money in these joint accounts is the majority of what Mum owns, I was wondering if I can just carry on using the accounts without applying for probate on her death. Life would be so much easier if I could tidy up this issue in my mind.
Thank you in advance.
Darth.
I've been her sole carer for about the past eight years.
Anyway, long before Mum became unwell (about twenty-five years ago), we put all bank, credit union, Post Office accounts, etc. into joint names. It's been a long term thing. We've always had total trust in the other, and there was never a question of 'This is my money, this is Mum's money'. It's always been 'Our money'. Anyway, I operate the accounts now and as we've always had an 'Allow Either' to operate account', it's been handy for paying bills, lodging money, etc.
Mum becoming so unwell recently got me thinking, if one of us dies, does the other automatically own the account?. There are wills, and I'm the only executor and beneficiary of Mum's, and vice-versa, but as the money in these joint accounts is the majority of what Mum owns, I was wondering if I can just carry on using the accounts without applying for probate on her death. Life would be so much easier if I could tidy up this issue in my mind.
Thank you in advance.
Darth.