Credit union bereavement

Discussion in 'Credit Union issues' started by skoda 01, 20 Jan 2019.

  1. skoda 01

    skoda 01 Registered User

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    6
    Hi folks, unfortunately my father passed suddenly last year, he had a esb credit union account, no will. I dealt with all his affairs as his son and his next of kin. My parents divorced 20years ago and had never spoken since this. Basically I sent in all the information required by the esb, death cert, overpayment of his pension, funeral instructions for the undertaker as dad was was entitled to a death benefit grant.
    Dad never changed mum as the nominated person on his account from the date he set it up before their divorce. The esb dealt with me for everything as i explained our situation to them. Then at the very end the final letter and closure of his account -shares went to mum. Now my mum will not hand over any money or final letter as she feels dad left all to her. The esb have told me they can only discuss the closure with the nominated person on his account. I'm at a loss with all this , looking for closure on my father's affairs and a disbelief - strained relationship with my mum.
    Can anyone help or advise.
     
  2. PMU

    PMU Frequent Poster

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    924
    The following from Citizens' Information may be relevant: http://www.citizensinformation.ie/e...er_a_death/access_to_money_after_a_death.html

    Credit union accounts
    If the deceased had a credit union account and had completed a valid Nomination Form, when opening the account, nominating someone as next of kin, the proceeds of the account up to a maximum of €23,000 go to the person or persons nominated on the form. They do not form part of the deceased's estate.

    The balance of the account forms part of the deceased's estate and is distributed in accordance with succession law.
     
  3. Brendan Burgess

    Brendan Burgess Founder

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    36,529
    Just to be clear, this has nothing to do with the ESB.

    It is a Credit Union issue and it appears that they are doing everything correctly.

    Brendan
     
  4. skoda 01

    skoda 01 Registered User

    Posts:
    6
    Thanks folks, I know they are following their terms but I was taken back in the way they wrote to me and correspondence with me then just sent final account details to my mum. I thought I may have been entitled to have received a copy of that closure too. Thanks again for your responses.
     
  5. Palerider

    Palerider Frequent Poster

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    1,189
    This would be the same in any credit union, the letter of nomination applies up to €23000, anything over this should be probated, try not to feel hard done by, easy for me to say I know.
     
  6. star32

    star32 Registered User

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    30
    Double check with the Irish league of credit unions. When someone appoints a nominee on their account and then they get married this makes the nomination null and void. Divorce could also be the case too. I am not 100% but worth a follow up to the league.
     
  7. Meath Lady

    Meath Lady Frequent Poster

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    234
    Would the 23000 euro include both savings and insurance /death benefit.
     
  8. Palerider

    Palerider Frequent Poster

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    1,189
    The amount in the account at date of death is the way it is calculated as these funds belonged to the deceased person.
     
  9. Fiddlybits

    Fiddlybits Registered User

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    23
    Anything over €23000 will go to the estate of the deceased. ASAIF this includes savings and insurance