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UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Law
Satisfied Customers: 4312
Experience:  English solicitor with over 12 years experience
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If 2 people have been left £10000 each in a will and there

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If 2 people have been left £10000 each in a will and there is only £16000 in a joint account and the other account holder is still alive do they get £8000 each or nothing, also same position but £50000 in joint account
Submitted: 2 years ago.
Category: Law
Expert:  UKSolicitorJA replied 2 years ago.
Hello,
Joint bank accounts fall outside the estate of the deceased under the rules of survivorship unless it can be shown that the account was opened for convenience only and there was no intention that the money would pass to the surviving account holder on the death of the other account holder.
So, in your case, the beneficiaries would get nothing normally unless they can show that the money in the joint accounts should go to them and not the surviving account holders.
Hope this helps
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