Intestate Succession Act Flashcards

1
Q

Who has the first (best) claim?

A

The spouse. This also includes registered ‘domestic partnerships’ under s 53 of the NS Vital Statistics Act

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What does the spouse get?

A

s 4(1) - if the estate is worth less than $50,000, they get everything

s 4(2) - if the estate is worth more than $50,000, they get the 50k + interest accrued from time of death

s 4(4) - the spouse may “elect” to take the matrimonial home instead of cash (if the estate is worth more than 50k)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Definition of matrimonial home?

A

section 4(3) - primary residence of the deceased and any ‘furnishings’ note: won’t always be the matrimonial home!

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

After the spouse’s claim, who has first claim to the residue of the estate?

A
s 5 - if there are no kids, spouse gets everything
s 4(5)(a) - if there is spouse + 1 kid, each gets half
s 4(5)(b) - if there is spouse + 2 (or more) kids then the spouse gets 1/3 and the kids split the remaining 2/3
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What happens if one of the children is dead, but has a surviving heir?

A
s 4(6) - surviving grandkids can inherit in the parents' place
s 4(7) - 'per stirpes' rule for multiple grandkids
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

No spouse, no kids or grandkids?

A

s 7 - parents inherit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

No spouse, no kids (or grandkids), no parents?

A

s 8 - siblings inherit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

No spouse, no kids (or grandkids), no parents, no siblings?

A

s 9 - nieces/nephews inherit equally

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

No spouse, no kids (or grandkids), no parents, no siblings, nieces or nephews?

A

s 10 - goes to closest surviving relative

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Special rules (three of them)

A

s 12 - kids in the womb at time of death can inherit once they are born
s 16 - illegitimate and adopted kids of the intestate can inherit equally with other kids
s 17 - separated spouse “living in adultery” cannot benefit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Section 5…

A

If there are no kids, the spouse gets everything

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Section 4(1)-(4)

A
s 4(1) - if the estate is less than $50,000, spouse gets everything
s 4(2) - if the estate is more than $50,000 spouse gets $50k
s 4(3) - 'matrimonial home' means home of the deceased with any furnishings (doesn't need to be family home)
s 4(4) - spouse may "elect" to take the whole matrimonial home instead of cash (if estate is worth more than $50k)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Section 4(5)-(7)

A
s 4(5)(a) - if spouse + 1 kid, each gets 1/2 residue of the estate
s 4(5)(b) - if spouse + 2 (or more) kids, spouse gets 1/3 of residue of estate, the kids split the remaining 2/3
s 4(6) - grandkids can inherit in kid's place
s 4(7) - 'per stirpes' rule for multiple grandkids
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Section 7

A

If no surviving spouse or kids or grandkids, then the parents can inherit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Section 8

A

If no surviving spouse, kids, grandkids, or parents, then siblings can inherit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Section 9

A

If no surviving spouse, kids, grandkids, parents, or siblings, then nieces and nephews can inherit.

17
Q

Section 10

A

If no surviving spouse, kids, grandkids, parents, siblings, nieces or nephews, then next closest surviving relative can inherit.

18
Q

Section 12, 16, 17

A

s 12 - Kids still in the womb at time of death can inherit along with other kids
s 16 - illegitimate kids of intestate and adopted children inherit equally with other kids
s 17 - separate spouse ‘living in adultery’ disqualified from claim