Wills and Administration of Estates

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

Decks in this class (21)

Execution of Wills
To make a valid will the testator...,
T is presumed to have the necessa...,
What 3 things must t have underst...
12  cards
Alteration, Amendment, and Revocation of Wills
What is a codicil,
Can a will be revoked at any time...,
A will is generally automatically...
11  cards
Interpretation of Wills
Generally gifts in wills are trea...,
What kind of legacy is one such a...,
The word my in a gift of individu...
24  cards
Intestacy
What are 2 scenarios where the st...,
Who has the highest claim to d s ...,
By how many days must d s spouse ...
10  cards
Property passing outside the Will or Intestacy
If d held property as a beneficia...,
If d held property as a beneficia...,
Who are proceeds of a life assura...
6  cards
Personal Representatives
Who administer estates under 1 wi...,
What happens if t appoints their ...,
When can a person named executor ...
6  cards
Grants of Representation
What is a grant of representation,
Which court usually handles proba...,
Which 2 courts usually handles pr...
19  cards
Pre-Grant Procedure
What must the prs pay in order to...,
What can a potential pr request b...,
What 2 other options could a pote...
4  cards
Applying to the Court
What 4 things should an applicati...,
What must be included from a witn...,
What is a caveat
6  cards
Dealing with HMRC
Prs must file an inheritance acco...,
When does interest start accruing...,
Can a pr obtain a grant of probat...
8  cards
Duties of PRs
Prs must act in the ____ ________...,
In carrying out their duties prs ...,
Can prs be liable to the estate f...
4  cards
Administrative Powers of PRs
By statute what 3 powers do prs h...,
What is meant by the pr power of ...,
What power do prs have for minor ...
12  cards
Protection of PRs
What is the impact of a pr not co...,
What are three ways in which a pr...,
How long after placing an advert ...
7  cards
Collecting and Realising Assets
Who must prs pay before distribut...,
Should prs sell any property spec...,
What is a solvent estate
15  cards
Post-death changes
A beneficiary may disclaim their ...,
What happens to a legacy that a s...,
What happens if the last sole ben...
9  cards
Payment of Legacies
Who should a pr vest a gift of ch...,
Who should a pr vest a gift of co...,
Who should a pr vest a gift of la...
7  cards
Ascertaining the Residue
Before distributing the residue t...,
Generally can prs charge for acti...,
What are 2 exceptions to the rule...
3  cards
Estate Accounts
Which three accounts does a pr us...,
What does the capit,
What does the distribution accoun...
7  cards
Assents
What is an assent,
An assent by the prs vests ____ t...,
An assent relates back to what date
5  cards
Beneficiaries' Rights and Remedies
Does a beneficiary have a legal o...,
Who can a beneficiary bring a per...,
A beneficiary can bring a persona...
5  cards
Claims Against Estates under Inheritance Act 1975
What is the ground for a person t...,
Typically within how many months ...,
Which five groups of people can m...
8  cards

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Wills and Administration of Estates

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