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This book offers an easy-to-understand guide on Wills and Administration of Estates Law, perfect for those studying for the Solicitors Qualifying Examination 1 (SQE 1). It covers how wills are made and executed, how estates are managed after someone dies, and the rules about who gets what in the UK. The book breaks down challenging concepts and gives practical advice. Contents: * Formality in Will Execution; * Alterations, Amendments, and Revocation of Wills; * The Interpretation of Wills; * Understanding Intestate Succession; * Transfer of Assets Outside of Wills and Intestacy; * Roles in…mehr

Produktbeschreibung
This book offers an easy-to-understand guide on Wills and Administration of Estates Law, perfect for those studying for the Solicitors Qualifying Examination 1 (SQE 1). It covers how wills are made and executed, how estates are managed after someone dies, and the rules about who gets what in the UK. The book breaks down challenging concepts and gives practical advice. Contents: * Formality in Will Execution; * Alterations, Amendments, and Revocation of Wills; * The Interpretation of Wills; * Understanding Intestate Succession; * Transfer of Assets Outside of Wills and Intestacy; * Roles in Estate Administration; * Insights into Grants of Representation; * Pre-Grant Procedure in Estate Administration; * Procuring Grants of Probate or Letters of Administration; * Engaging with HMRC in Estate Management; * Duties of Personal Representatives in Estate Oversight; * Legal Powers of Personal Representatives; * Safeguarding Personal Representatives from Claims; * Asset Collection and Realization by Personal Representatives; * Post-Death Estate Distribution Adjustments; * Executing Legacies in Estate Management; * Determining the Estate's Residual Assets; * Compiling Estate Financial Records; * Formal Property Transfers in Estate Management; * Entitlements of Beneficiaries in Estate Management; * Statutory Claims on Estates Under the Inheritance Act 1975.