Wills and Probate Solicitor covering Coventry, Warwick and Balsall Comman Specialist in Wills and Probate in the West Midlands
Phone 01926 484488
Fax 01926 484486
Mobile 07802 305901
Email carolsketchley


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       Jointly owned property

Couples may jointly own their home. There are two different ways of jointly owning a home. These are beneficial joint tenancies and tenancies in common.

If the partners were beneficial joint tenants at the time of the death, when the first partner dies, the surviving partner will automatically inherit the other partner's share of the property. However, if the partners are tenants in common, the surviving partner does not automatically inherit the other person's share.

Couples may also have joint bank or building society accounts. If one dies, the other partner will automatically inherit the whole of the money.

Property and money that the surviving partner inherits does not count as part of the estate of the person who has died when it is being valued for the intestacy rules.