100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Wills & Formalities MCT Prep exam with correct answers 2024 CA$18.52   Add to cart
Quickly navigate to
Preview
  2.  
  3. Wills & Formalities MCT Prep
  4.  
  5. Wills & Formalities MCT Prep

Exam (elaborations)

Wills & Formalities MCT Prep exam with correct answers 2024
 9 views  0 purchase
  • Course
  • Wills & Formalities MCT Prep
  • Institution
  • Wills & Formalities MCT Prep

In which ONE of the following situations would the will have been REVOKED? A - Sam writes "REVOKED" across the top of her will. B - James telephones his solicitor and instructs her to destroy his will which the solicitor is holding on his behalf. Immediately after the telephone call, the solicito...

[Show more]

Preview 2 out of 5  pages

Document information

  • August 21, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • wills formalities mct prep

Written for

  • Wills & Formalities MCT Prep
  • Wills & Formalities MCT Prep

Seller

avatar-seller
HopeJewels

Reviews received

Content preview

Wills & Formalities MCT Prep

In which ONE of the following situations would the will have been REVOKED?
A - Sam writes "REVOKED" across the top of her will.
B - James telephones his solicitor and instructs her to destroy his will which the solicitor
is holding on his behalf. Immediately after the telephone call, the solicitor shreds the
will.
C - Amarjit decides to revoke her will and throws it into the fire where it burns to ashes.
There was no one present to witness this.
D - Whilst clearing out his study, Gavin shreds a pile of old papers. These include his
will, which he did not know was there.
E - Jayne's brother Bob tears up Jayne's will after an argument about his entitlement
under it. correct answers C - Amarjit decides to revoke her will and throws it into the fire
where it burns to ashes. There was no one present to witness this.

A will includes the following clause:
£40,000
"I give the sum of / £20,000 to Paul".
Which ONE of the following statements is CORRECT?
A - Paul will receive £40,000 provided the alteration is made in ink rather than in pencil.
B - Paul will receive £20,000.
C - Paul will receive £20,000 if the alteration was made before the will was executed.
D - Paul will receive nothing.
E - Paul will receive £40,000 provided the testator had capacity at the time of amending
the will. correct answers B - Paul will receive £20,000.

A woman died last week. In her valid will, she left her entire estate to her friend.
She owned a half share in her house as a beneficial tenant in common with her
husband.
The proceeds of her life policy are payable to her estate. She also owned some shares
in companies and had a large sum of money in a joint bank account with her husband.
What will the friend receive under the will?
A The half share in the house, the proceeds of the life policy, the shares and the money.
B The half share in the house, the proceeds of the life policy and the shares.
C The proceeds of the life policy, the shares and the money.
D The shares only.
E The half share in the house and the shares. correct answers B The half share in the
house, the proceeds of the life policy and the shares.

Anita's valid will includes the following clause:
'I give the gold bracelet, which I inherited from my mother, to my friend Gita'
The will also provides for the remainder of the estate to pass to Anita's husband,
Sanjay.

, Anita died last week. She is survived by Sanjay. Gita died last year, but has a daughter,
Meera (aged 23). The gold bracelet is still part of Anita's estate.
Which ONE of the following statements is CORRECT?
A The gold bracelet will pass to Meera.
B The gift of the golden bracelet is adeemed.
C The gold bracelet will pass to Sanjay as part of the residuary estate.
D The law will imply a substitutional gift into Anita's will, as Gita has died.
E The gold bracelet will pass to the beneficiaries of Gita's will correct answers C The
gold bracelet will pass to Sanjay as part of the residuary estate.

A woman died intestate this week. Her assets are valued at £700,000, including
£10,000 of personal chattels. She is survived by her husband, their daughter (23) and
son (15). She also has a granddaughter (5) who is the child of their surviving daughter.
In addition, she has a grandson (16), who is the son of their third child, who died several
years ago.
Which of the following best explains how the estate will be distributed?
A The woman's husband will only receive a statutory legacy of £270,000.
B The woman's surviving daughter has a contingent interest in the estate.
C The woman's grandson has a contingent interest in the estate.
D The woman's granddaughter has a contingent interest in the estate.
E The personal chattels pass outside of the intestacy. correct answers B The woman's
surviving daughter has a contingent interest in the estate.

MCQ 2
A woman died intestate last week, owning assets worth £500,000.
The woman was divorced and lives with her partner and his daughter (aged 14) from a
previous relationship. The woman is survived by her mother and brother (aged 42).
Who is entitled to take a share of the woman's estate?
A The partner only
B The brother only
C The mother only
D The partner's daughter only
E The partner and the partner's daughter only. correct answers C The mother only

A woman died intestate six months ago. She owned a house as a joint tenant with her
husband, and also owned a car and household items in her sole name. She had not
seen her son, who runs his own business, for several years, but he now wants to make
a claim against her estate. No grant of representation has been obtained yet.
Which of the following best explains whether the son's claim is likely to be successful?
A The son will be unsuccessful because he is out of time.
B The son will only be able to claim against the car and household items.
C The son is likely to succeed as the woman should have made reasonable provision
for him on her death.
D The son is likely to be unsuccessful unless he can satisfy the court of special
circumstances such as a moral obligation owed to him by the woman, or the fact that he
needs help with his basic living expenses.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller HopeJewels. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$18.52. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

85651 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$18.52
  • (0)
  Add to cart