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4 Cards in this Set
- Front
- Back
When is chain of representation relevant? Sgs 8 - 19 May |
Executors - a person dies then the executor they appointed dies so you have D1 - E1 - E2 If E1 dies E2 just needs to take out the grant for E1 - then the grant for D1 is automatic |
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What are the ways in which PRs can protect themselves against unknown beneficiaries? What is the statute. |
S.27 trustees act 1925 - trustees may give notice in the London gazette of their intention to distribute. 2 months notice is required according to lecturer audio |
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How can the trustees protect themselves against known beneficiaries? |
Benjamin order - Note this is expensive Insurance Indemnity Sgs 8 Sunday 18 May
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What section of the wills act deals with alterations? |
S.21 |