Savings and loans
Credit union deposits
If you are a member of a credit union, you can nominate someone to get your savings if you die. Up to €27,000 can pass to the nominated person without going through the usual process for administration of your estate. Amounts over €27,000 must be administered by your
personal representative.
Joint bank accounts
If you open a joint bank account with someone else, you can specify what you intend to happen if you die. If you intend the other account holder to inherit your share, then it does not become part of your estate. Otherwise, your share does become part of your estate.