This class was created by Brainscape user Caitlin Murray. Visit their profile to learn more about the creator.
By:
Caitlin Murray
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Decks in this class (23)
Overview
How does a person s property pass...,
What is intestate succession,
Who settles a deceased person s e...
74
cards
Chapter 1: Execution of Wills
What is needed for a valid will,
What is the presumption re mental...,
How old must you be to create a w...
33
cards
Chapter 2: Alteration, Amendment, and Revocation of Will
When will an alternation to a wil...,
What happens if you are presented...,
What is the general presumption r...
26
cards
Chapter 3: The Interpretation of Wills
When does a gift in a will take e...,
When are the beneficiaries of the...,
What are the different types of gift
33
cards
Chapter 4: Intestacy
When do the rules of intestacy apply,
What is intestacy,
What happens on the death of the ...
15
cards
Chapter 5: Property Passing Outside the Will or Intestacy
What is the effect of property pa...,
What property passes outside the ...,
How does property owned as benefi...
11
cards
Chapter 6: Personal Representatives
How is an executor appointed what...,
Who may be named as an executor,
What happens if a spouse is appoi...
12
cards
Chapter 7: Grants of Representation
What is a grant of representation,
Where is most probate business co...,
When is probate business contentious
51
cards
Chapter 8: Pre-Grant Procedure
What do a prs first responsibilit...,
Why does iht need to be paid,
How can payment of iht be funded
7
cards
Chapter 9: Applying the Court
What should an application to the...,
What should be included in the ap...,
What happens if the court grants ...
18
cards
Chapter 10: Dealing with His Majesty's Revenue and Customs (HMRC)
When do prs need to deliver an ac...,
In practice when do prs usually d...,
What does a solicitor acting for ...
8
cards
Chapter 11: Duties of Personal Representatives
When must prs collect the monies ...,
What do prs usually need to do to...,
When will prs be liable for loss
10
cards
Chapter 12: Administrative Powers of Personal Representatives
What is appropriation,
What statutory powers are given t...,
When is it not permissible for a ...
25
cards
Chapter 13: Protection of Personal Representatives
When will prs be personally liabl...,
How can prs protect themselves ag...,
What searches should prs conduct
13
cards
Chapter 14: Collecting and Realising Assets
What should the prs priority be,
When may prs have an action to re...,
What should be used when dealing ...
18
cards
Chapter 15: Post-Death Changes
Why might the distribution of an ...,
What are the 2 methods by which c...,
How can a beneficiary disclaim an...
13
cards
Chapter 16: Payment of Legacies
How do prs vest chattels to the b...,
How do prs vest company shares to...,
How do prs vest land to the benef...
11
cards
Chapter 17: Ascertaining the Residue
What tax must the prs take into a...,
What should the prs do if they pa...,
What does it mean if a pecuniary ...
16
cards
Chapter 18: Assents
When does an assent occur,
When does an assent relate back to,
What is required for an assent of...
12
cards
Chapter 19: Beneficiaries' Rights and Remedies
What chose in action does a benef...,
What interest does a beneficiary ...,
When do pecuniary legacies not ca...
9
cards
Chapter 20: Claims Against Estates Under Inheritance (Provision for Family and Dependants) Act 1975
What is freedom of testation,
What does the inheritance provisi...,
When may a family provision claim...
19
cards
Chapter 21: Inheritance Tax
Why do few estates actually have ...,
What rate are estates taxed at,
What lifetime transfers are alway...
100
cards
Chapter 22: Taxation of Estates in Administration
What is one of the first things p...,
Why must the income tax returns b...,
What should be included in the in...
17
cards
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Wills and the Administration of Estates
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