How does joint ownership work in the context of wills and probate?

How does joint ownership work in the context of wills and probate?

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Min Austria
Assistant at Ascent Law LLC

If you’re married or in a civil union with someone, chances are you and your spouse own property together—a home, a car, a checking account, or perhaps just some personal items. But when one of you passes away, what happens to the stuff that both of you own? How do joint ownerships work when it comes to wills and probate?

Let’s say that Peter and Mary are married, and they have a checking account titled “Peter & Mary Smith Family Fund.” If either Peter or Mary dies, the account would be handled through probate. This means that their will would be subject to probate court (if they had one) and then their assets would be distributed according to the instructions in that will. In this situation, whoever is left behind would have full ownership of the checking account.

If you have any questions or in need a Probate Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.

Ascent Law LLC

8833 S Redwood Road Suite C

West Jordan UT 84088

(801) 676-5506

Utah Lawyer for Divorce Business Bankruptcy Probate Estates
Ascent Law helps you in divorce, bankruptcy, probate, business or criminal cases in Utah, call 801-676-5506 for a free consultation today. We want to help you.
https://www.ascentlawfirm.com

Location: Blanding, UT 84511, USA

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