Wills and the Administration of Estates

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

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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