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Wills & Trusts

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

By: Unknown Unknown
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Decks in this class (15)

Key Concepts
How do prs deal with any cgt and ...,
Is death a disposal for cgt purposes,
What is the form r185
35  cards
Resulting Trusts
When do resulting trusts arise,
Categories of resulting trusts,
When does the automatic resulting...
28  cards
Beneficial Entitlement
What are saunders v vautier rights,
If b has a contingent gift over i...,
Even if the trust deed or will st...
9  cards
Questions/Areas of difficulty (Trusts)
How can personal representatives ...,
What will happen to a gift in a w...,
What happens to a gift left to fr...
36  cards
Wills Drafting
What is the effect of s24 wills act,
What is contrary intention,
What is the general rule for gift...
21  cards
Wills Codicils
What is a codicil,
What are the requirements for a v...,
When are codicils necessary
14  cards
Wills Areas of Difficulty
What should a solicitor do if tes...,
Is the client s permission needed...,
What is the effect of proving und...
41  cards
IHT
Assets included in the taxable es...,
What is the general rule for asse...,
Joint tenant property
30  cards
Administration of Estates
On which assets does the liabilit...,
On which assets does the liabilit...,
What are the post grant steps in ...
46  cards
Administration preliminary steps
What are the pre grant steps,
What must pr do before applicatio...,
How is the value of bank accounts...
31  cards
Deadlines/Procedures
What is the deadline for submitti...,
Deadline for paying iht due,
When should prs distribute estate...
9  cards
IPFDA Claims
Under what circumstances can a so...,
What advice should be given to a ...,
What happens if there is a period...
11  cards
Tax
Who bears primary liability for t...,
What happens if donee fails to pa...,
Appointment of an accountant
7  cards
Creation of Trust
What formalities are required to ...,
A,
When is a trust of land properly ...
5  cards
Liability of strangers to the trust
What are the requirements for rec...,
What knowledge is required of def...,
Example a trustee purchasers a di...
3  cards

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Wills & Trusts

  • Class purpose General learning

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Wills and Trusts
  • 15 decks
  • 465 flashcards
  • 75 learners
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