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NSW Inheritance and Will - Bequeathing Joint Shares to Another Person?

Discussion in 'Wills and Estate Planning Law Forum' started by MEM, 3 December 2015.

  1. MEM

    MEM Member

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    Can shares in a pty ltd company held as 'joint members' with one other person be bequeathed as inheritance in a will to someone other than the other 'joint member'?
     
  2. Sophea

    Sophea Well-Known Member

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    Hi MEM,

    Generally, with all forms of jointly owned property - it automatically passes to the remaining owner and therefore is not the deceased joint owner's property to bequeath to someone else upon their death.
     
  3. MEM

    MEM Member

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    Thank you.
     

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