Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Fair Deal Scheme - Joint account

Options
  • 14-02-2024 4:11pm
    #1
    Registered Users Posts: 35


    Quick question re: Fair Deal Scheme guys

    If an elderly relatives savings are held in a joint account with one of their adult children can these 'assets' be liable for the 7.5% 'tax'?

    Thanks



Comments

  • Registered Users Posts: 30 Upthewalls1


    I am bumping this question up as I have the same question in case anyone knows. I wonder did you ever find this out op?



  • Registered Users Posts: 190 ✭✭StormForce13


    Of course they can; the HSE wasn't born yesterday!

    And bear in mind that, in the unlikely event that the elderly relative doesn't actually own all of the funds in the joint account, then they will need to prove it to the satisfaction of the HSE.



Advertisement