WILLS 2 Flashcards
Republication of a will
S34 Wills Act
What is republication of a will?
The confirmation or affirmation of the validity and content of a will.
How can a will be republished?
- By re execution with the proper formalities
- A duly executed codicil containing references to the will or codicil republished.
When is the effective date of a republished will?
The effective date is the date the will was made.
Revival of a revoked will
S 22 Wills Act
How can a revoked will be revived?
- By re-execution in solemn form with the proper formalities contained in S9 Wills Act
- By a duly executed codicil showing an intention to revive the earlier document.
Circumstances where intention to revoke would not be inferred.
- Drunkenness
- Insanity
- Destruction based on a mistaken belief
- Accidental destruction or mistake
- Fits of rage
- Obliteration of signature without clear evidence of who did it and why it was done.
Specific gifts
Adeems
General gift
Abates
What is Ademption
Ademption refers to the destruction or extinction of a testamentary gift because the bequeathed assets no longer belong to the testator at the time of their death.
What is Abatement
If there are insufficient funds in an estate to pay all of the legacies in full, those legacies must abate. That means that they must be reduced proportionately. They abate in the reverse order of distribution.
Contents of a residual legacy
- Properties acquired by the testator after making a will or codicil
- Gifts that lapsed
- Failed Gift
- Property acquired after the testator’s death.
- Property the men forgot to include as a gift.
A gift can fail if the beneficiary h predecessors the testator
S 33 Wills Act
Instances when a gift can fail by operation of law.
A beneficiary should not be a witness to a will.
A gift can fail on the grounds of public policy
Errington v Errington