This class was created by Brainscape user Cameron Drummond. Visit their profile to learn more about the creator.

Decks in this class (14)

Distribution of Estates and Intestacy
What is meant by the deceased die...,
What is meant by the deceased die...,
What is meant by the deceased die...
25  cards
Succession Estate
What assets are included in the s...,
What three elements are required ...,
What is a discretionary pension s...
7  cards
Post-Grant Administration Steps
When collecting in assets of dece...,
When collecting in money of the d...,
When should prs pay debts of dece...
45  cards
Role of Personal Representative
Duties, Powers and Liabilities
71  cards
Inheritance Tax
What are the current rates of iht,
What are the three potential trig...,
What is the chargeable value for ...
75  cards
Tax Planning and Anti-Avoidance
What is tax avoidance,
What is aggressive tax avoidance,
What is tax evasion
42  cards
Will Validity
What happens to the assets of the...,
What happens if the will fails to...,
What happens if there is no will
51  cards
Will Amendment
What three ways can a testator am...,
When will an alteration by anothe...,
What is an obliteration
46  cards
Ethical and Professional Conduct Issues
What must a solicitor be satisfie...,
What must solicitor do in relatio...,
What should a solicitor do with r...
8  cards
Will Drafting
What should a commencement clause do,
What does a revocation clause do,
What if there is no revocation cl...
55  cards
Pre-Grant Administration Steps
Who are the people permitted by l...,
What is the name for a personal r...,
What is name for a personal repre...
71  cards
Reporting to HMRC and Payment of IHT/Applying for Grant
What duty to prs have in relation...,
What does the account prs deliver...,
What is the account provided to h...
39  cards
Inheritance (Provision for Family and Dependants) Act 1975
What right do certain individuals...,
What is the eligibility criteria ...,
What is the jurisdiction of the 1...
33  cards
Post Death Changes
When might the distribution of an...,
What are the potential iht conseq...,
What are the potential cgt conseq...
25  cards

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Wills

  • Class purpose General learning

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