My lovely Mum sadly died recently and we're now starting to gather the information to value her estate. However we're a bit confused as to what is in or out of scope. If any helpful MN legal eagles could help we'd really appreciate it!
- Posessions - at what point does something become a possession? Obviously I get that jewellery, a car, laptop, phone etc are posessions but what about things bought for the house? Dining table set? New sofas? New cooker? (Dad is still living in the house so it's not like we'll be selling or getting rid of anything)
- Financial assets - Mum had a single current account and a joint one with Dad both accounts with the same bank. When we went to see the bank they closed her single account and put the money into the joint account - so what of this gets counted into her estate?
Any help would be gratefully received.
Thank you!