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Filipe Estevao
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Decks in this class (42)
Estates
Common assets that do not form pa...,
What are the three requirements f...,
Do dmcs form part of the successi...
15
cards
Intestacy Rules
What do personal representatives ...,
Who are issue for intestacy purpo...,
What is the 28 day survivorship r...
15
cards
Will Validity - Capacity
At what age can a person make a v...,
What is the legal test for testam...,
What is required to satisfy the e...
13
cards
Will Validity - Formal Requirements
What are the four formal requirem...,
Can someone else sign the will on...,
What constitutes a signature 3
12
cards
Will Drafting - Non-Dispositive Clauses
What is the purpose of the commen...,
Why is an express revocation clau...,
Are burial and funeral wishes in ...
19
cards
Will Drafting - Dispositive Clauses
What do the terms legacy and devi...,
What is a specific gift in a will 2,
What happens if the testator no l...
16
cards
Will Drafting - Construction
When does a will speak in respect...,
What phrases show a contrary inte...,
What is the consequence of referr...
18
cards
Will Drafting - Gifts to Particular Beneficiaries
What is a class gift 1,
What is the class closing rule 2,
Blank 3
16
cards
Will Drafting - Incorporating Documents
What is the general rule for the ...,
How are changes or additions to a...,
Can an unexecuted document be inc...
8
cards
Will Amendment - Alterations
What are the three main ways to c...,
Can someone other than the testat...,
Blank 3
19
cards
Will Amendments - Codicils
What is a codicil 1,
What are the legal requirements f...,
What types of changes can a codic...
13
cards
Will Amendment - Revocation
What is revocation of a will 1,
What are the main methods of revo...,
Revocation by destruction 3
17
cards
Will Amendment - Marriage & Divorce
Is a will revoked on marriage 1,
Can a testator prevent revocation...,
What are the requirements for a w...
12
cards
Changes to Estate Distribution after Death - IPFDA
What is the purpose of the inheri...,
What is the jurisdictional requir...,
What are the categories of eligib...
26
cards
Post-Death Arrangements
What are the three main post deat...,
What is a variation 2,
What are the iht benefits of a va...
21
cards
Administration - Role of a PR
What is the primary role of a per...,
What are the key duties of a pr i...,
Who appoints a pr and what is the...
13
cards
Administration - PR duties
What is the primary statutory dut...,
Who are prs accountable to during...,
Is the role of pr fiduciary in na...
14
cards
Administration - PR Powers
Why might prs need to sell estate...,
What are some key statutory power...,
What is appropriation 3
14
cards
Administration - PR Liability and Protection
What is a pr s general legal expo...,
What kind of claim can be brought...,
What are examples of maladministr...
18
cards
Administration - Requirement for a Grant & Types
What is a grant of representation 1,
What does a grant of representati...,
Is a grant of representation alwa...
12
cards
Administration - Assets without a Grant
What is the general rule about wh...,
What categories of assets do not ...,
What does the administration of e...
14
cards
Administration - Preliminary Steps
What is the purpose of preliminar...,
Is funeral cost deductible for ih...,
Why must prs secure the estate af...
10
cards
Administration - Executor's Entitlement to Grant
What type of grant is issued wher...,
What grants apply when there is n...,
Who is entitled to apply for a gr...
13
cards
Administration - Administrator's Entitlement to Grant
What is the source of an administ...,
When is a grant of letters of adm...,
What rule determines who may appl...
13
cards
Administration - PR Unable or Unwilling to Act
What is the difference between an...,
When is an executor unable to act 2,
What are the three main options f...
17
cards
Administration - Reporting to HMRC & Payment of IHT
What are prs required to do under...,
How is iht calculated 2,
What is the current standard nrb 3
18
cards
Administration - Applying for the Grant
What are the ways to apply for a ...,
When is pa1p used 2,
When is pa1a used 3
11
cards
Administration - Completing the Application
What must be submitted to complet...,
What determines the probate regis...,
What are sealed copies of the gra...
4
cards
Administration - Affidavits
What is an affidavit in the conte...,
Who must sign the affidavit 2,
What must a valid jurat include 3
13
cards
Administration - Collecting of Assets and Payment of Debts
When can prs begin collecting est...,
How should estate money be held 2,
What is the pr s duty to creditors 3
20
cards
Administration - Capital Gains and Income Tax
What tax responsibilities do prs ...,
What must prs do during the admin...,
Are prs liable for tax due on inc...
22
cards
Administration - Distribution and Estate Accounts
When can prs distribute estate as...,
What is the order of priority for...,
What are interim distributions 3
16
cards
IHT - Nil Rate Bands
What is the standard nil rate ban...,
What is cumulation in the context...,
What is the transferable nil rate...
20
cards
IHT - Lifetime
What is a potentially exempt tran...,
What is a lifetime chargeable tra...,
What rate is applied to failed pe...
15
cards
IHT - Death Estate
What is the 7 step process for ca...,
What general rule determines what...,
List 5 assets included in the tax...
18
cards
IHT - Liability and Burden
Who is liable for iht on a lifeti...,
What happens if the donor elects ...,
Who is liable for iht on failed p...
16
cards
IHT - Lifetime Exemptions/Reliefs
What exemptions and reliefs apply...,
What is the value of the annual e...,
How can unused ae from the previo...
18
cards
IHT - Exemptions - Lifetime and Death
Which iht exemptions apply to bot...,
What is spouse exemption 2,
Does spouse exemption apply to a ...
13
cards
IHT - Reliefs - Lifetime and Death
What is the purpose of business p...,
What percentage of bpr is typical...,
What assets qualify for 100 bpr 3
20
cards
IHT - Exemptions/Reliefs - Death only
What is the purpose of woodlands ...,
What is the minimum ownership per...,
What value does woodlands relief ...
10
cards
IHT - Anti-Avoidance
What is the ramsay principle 1,
How does the ramsay principle dif...,
What is the distinction between t...
16
cards
Tax Planning - Exempt Beneficiaries and Qualifying Assets
0
cards
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SQE - Wills and Administration of Estates
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