How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask UKSolicitorJA Your Own Question
UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Law
Satisfied Customers: 4312
Experience:  English solicitor with over 12 years experience
62162956
Type Your Law Question Here...
UKSolicitorJA is online now

Before my mums death earlier this year, she had , over a period

Resolved Question:

Before my mums death earlier this year, she had , over a period of time been giving me cheques to put into my bank account in the UK so that I could then transfer the funds into my premium bond account. The premium bonds were hers, not mine but were kept in my premium bond account. Now she is no longer with us, are the bonds legally mine or are they classed as part of her estate and can family members lay a claim to them?
Submitted: 2 years ago.
Category: Law
Expert:  UKSolicitorJA replied 2 years ago.
Hello,
As the bonds are in your name, you are the legal owner but your mother was the beneficial owner of the bonds and as such you would be holding them for her as a trustee.
So the bonds would be part of her estate.
May I help further?
UKSolicitorJA and other Law Specialists are ready to help you