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Murray Beith Murray is a leading Scottish private client law firm.

For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Call us today on 0131 225 1200
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What happens to a joint bank account when one party dies?

Murray Beith Murray

If you hold a bank account jointly with your spouse, civil partner, or another person, you may be concerned about what will happen should one of you pass away. Will you still have access to the account? Do you own all of the funds in the account? What forms part of the deceased’s estate? We understand that this may already be a difficult time for you, so in this article, we set out simply what happens to a joint bank account under Scottish Law when one party has passed away. Please note that different rules apply under the law of England and Wales to joint accounts held there.

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Probate v Confirmation: Are they the same?

Murray Beith Murray

The legal systems of Scotland and England have their own traditions and interpretations. The result of this is often that each legal system has a different approach when it comes to dealing with issues that are common between them, such as how to administer the estate of someone who has died.

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How to choose an executor

andrew

Your executor is responsible for carrying out the instructions left in your Will to distribute your estate. Being an executor is no easy task, and failure to carry out the role properly can have serious legal consequences. Therefore, it is important to choose the right person (or people) to fulfil the role. In this post, we look at some of the things you should consider when deciding who will be your executor.

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Dealing with an estate in Scotland with international connections

andrew

Dealing with a loved one's estate can be a difficult task at a highly emotional time. However, an executor's role can be further complicated when the estate to be dealt with has international elements to it. Perhaps the deceased passed away while living abroad or held assets in another country. Either way, the process for dealing with an estate across multiple jurisdictions can seem daunting. In this post, we look at some of the matters you need to be aware of when dealing with an estate with international connections.

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How long does it take to wind up an estate?

andrew

If a loved one has passed away, you may be wondering how long it might take to wind up the estate. However, there is no simple answer to this question. The length of time it might take to wind up an estate will depend on many factors, but you can expect the process to take at least six months.

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Call us today 0131 225 1200 or get in touch with us via our online enquiry form