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Ward of Court and Credit Union Account

Dublinboy99 · 2013-05-02 15:18:05

If a person with a Credit Union account is made a Ward of Court where does that leave the person who is the nominnee on the account? Under normal circumstances a nominee can get up to a maximum of €23,000 by showing a death cert and the rest goes to probate.

02-05-2013 4:18pm

#1

Dublinboy99

Registered Users Posts: 24 ✭

Join Date: January 2009

Posts: 18

If a person with a Credit Union account is made a Ward of Court where does that leave the person who is the nominnee on the account?

Under normal circumstances a nominee can get up to a maximum of €23,000 by showing a death cert and the rest goes to probate.

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Comments

#2 03-05-2013 10:34am

Pat Mustard

Registered Users, Registered Users 2 Posts: 9,554 ✭✭✭

Join Date: December 2007

Posts: 8831

Dublinboy99 wrote: »

If a person with a Credit Union account is made a Ward of Court where does that leave the person who is the nominnee on the account?

Under normal circumstances a nominee can get up to a maximum of €23,000 by showing a death cert and the rest goes to probate.

A credit union nomination is deemed to take place immediately before death. If nomination had been validly made in the first place, I don't see how it could be affected by the subsequent mental incapacity of the disponor.

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