Re: Probate
I just saw this thread as I was about to post my own. Some good answers here and they go a fair way to answering my own questions but this is my own story...
My mother passed away a week ago and since my dad died of dementia complications six years ago, my sister took on Power of Attourney to look after my mum's accounts, money from the sale of the house etc as she herself succumbed to dementia also and was placed into a care home.
So the "P of A", which is controlled by the Court of Protection, then gave my sister a cheque book to cover any expenses plus my mum's pension and we were asked for twice-annual updates of spending etc.
Like susanm above, I was under the impression that when my mum died, the money left in the account could be split equally for my sister and myself taking into account other bits and bobs detailed in the will. But my sister now says that the bank has frozen the account and it needs to go to probate.
Why is this, how long will it all take to get sorted? Does the tx man take anything (the account is worth approx. 90k.)
I'm asking for advice mainly so I know what I'm going to be talking about when I have a meeting with the bank later this week.
Many thanks