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Dad’s money

3 replies

Americanpieeyed · 06/02/2024 11:28

My dad has roughly £25k in his bank account. No other assets (lives in council house). I have one sister. Does dad have to make a will for my sister and I to receive this money after his death or will he need to make a will? We live in Scotland. Thank you for reading.

OP posts:
Americanpieeyed · 06/02/2024 11:37

Sorry, I meant to say ‘does dad need to make a will or will we receive the money without having to make a will’.

OP posts:
prh47bridge · 06/02/2024 12:00

If he does not have a living wife or civil partner, you and your sister will inherit under the rules of intestacy if he does not make a will.

BloodyAdultDC · 06/02/2024 12:04

In England not having a will changes the process to acquire his assets after he dies, but for a small estate it isn't complicated and doesn't have to be completed by a solicitor. I expect there are similar arrangements in Scotland.

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