Administration: Obtaining the Grant of Representation Flashcards
What is the effect if the PRs are identified in a valid will and one or more of whom is able and willing to act?
Executors will obtain a grant of probate
What is the effect when the deceased left a valid will but there are no persons able or willing to act as executors?
Administrators will obtain a grant of letters of administration with the will annexed (Form PA1P)
What is the effect where the deceased left no will or no valid will?
Administrators will obtain a grant of (simple) letters of administration (Form PA1A0
How many people can be administrators?
2 are required where one of the beneficiaries is an infant or only has a life interest
What is the effect of the grant of probate?
An executor derives authority to act in the administrator of an estate from the will - the grant of probate confirms that authority
What is the authority of administrators?
Very limited powers before the grant is made
The grant of letters of administration vests the deceased’s property in the administrators
How can executors renounce their right to take the grant?
They can only renounce if they have not intermeddled in the estate
A renunciation must be made using Form PA15 signed (and witnessed) by the person renouncing
Hoe many executors can be appointed?
For wills, there is no limit
Foor probate a max of 4