Joint Bank Accounts

[Anita1968]

I need to complete a financial assessment for my mum who has just gone into a care home, if my parents have £24, 500 in a joint account do they take half of that into consideration as well as her own account

 

[leny connery]

that is what I was told, everything in joint name is 50-50, but don't quote me. It may not be the case

 

[maisiecat]

Absolutely right, its 50% of all joint accounts. This includes current account and any savings account in joint names. Any money in her own name is taken a 100%.