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Decks in this class (13)

Validity of wills and how property passes on death
The requirements of a will Professional Conduct issues arising out of the preparation of wills how property passes on a person's death; and challenging the validity of deceased person's will.
35  cards
Establishing Entitlement
• The validity of a will and interpratation of the contents of a will. The distribution of testate, instate and particular intestate estates. • The interpretation of wills. • Effect of different types of gifts • Failure of gifts.
28  cards
Revocation. Additions and Alterations
• The validity of a will and interpretation of the contents of a will. The distubrution of testate, intestate and partially intestate estates • the planning, management and progression of the admisntration of an estate. • alterations and amendments to wills • Methods of revocation • Effect of marriage and divorces of a testator • Use of codicils Effect of alterations made to wills both before and after execution.
19  cards
Intestacy
In what situations do intestacy r...,
Can a declaration or provision be...,
What type of property does the in...
16  cards
Will Drafting
Personal representatives: The appointment of executors The law and practice relating to personal representatives and trustees in the administration of estates and consequent trusts Burden and incidence of Inheritance Tax and Admisntration of estates
29  cards
Inhertiance Tax
What are the three main occasions...,
What is iht charged on,
What is the method for calculatin...
40  cards
Family Provision and Post-death Variations
Can those not included in the wil...,
How can someone who is not includ...,
Which categories of people can ma...
25  cards
Administration: Obtaining the grant of representation
What is a grant of representation,
Who are the personal representatives,
What is the first step when obtai...
58  cards
Funding The IHT when Obtaining grant of representation
What is the direct payment scheme...,
What form do prs use to transfer ...,
How does hmrc confirm iht payment...
9  cards
Exceutors applying for a grant of probate
What form must executors use when...,
What documents must be submitted ...,
What must executors confirm regar...
12  cards
Administrators applying for a grant of letters of admisntration with the will annexed.
What is a grant of letters of adm...,
In what situation is a grant of l...,
What governs the entitlement to a...
35  cards
Administration applying for a grant of (simple) letters of administration
Form pa1a,
Entitlement to grant of administr...,
Priority classes for grant of adm...
8  cards
Admisntration: dealing with the estate
1  cards

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WILLS & TRUSTS

  • Class purpose General learning

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