Wills and Intestacy Flashcards
1
Q
What is a Will?
A
A written document that sets out how a deceased person’s estate is to be distributed
2
Q
What conditions must be met for a will to be valid?
A
o In writing o Signed and witnessed o The person 1) Must be over 18 when it is made 2) Must have the mental capacity to make/ understand the will 3) Must not have made it. under pressure from. someone else
3
Q
What does probate establish?
A
establishes ownership of the deceased person’s estate before assets are distributed
4
Q
What happens if a person dies intestate?
A
Estate distributed according to the laws of intestacy