The notes are prepared by a candidate of the first-ever SQE2 sitting back in April 2022. She passed the exam with 81/100, using these notes together with the revision materials from the training provider.
The notes on probate practice have 14 pages in total.
Disclaimer:
1. The knowledge co...
1. Validity of a will.................................................................................................................................... 2
7. Gifts by will........................................................................................................................................... 3
9. Which form to use..................................................................................................................................8
Assets which may be realised without a grant
1. Assets passing outside will/intestacy r ule...........................................................................................8
2.Small payments due to the estate.........................................................................................................8
1. Pr ior ity to apply for pr obate.............................................................................................................10
2. Gr ant of letter s of administr ation.....................................................................................................10
3. Gr ant of letter s of administr ation with the will annexed............................................................... 10
4. Gr ant of pr obate.................................................................................................................................11
Post-grant
1. Duties & power of the PR/tr ustee.....................................................................................................11
2. Pr otection against unknown claims..................................................................................................12
3. Paying the gifts................................................................................................................................... 12
6. The Inher itance (Pr ovision for Family and Dependant) Act 1975................................................ 13
7. Pr oduce estate accounts for the r esiduar y beneficiar ies................................................................ 13
8. Winding up the estate........................................................................................................................ 13
PROFESSIONAL CONDUCT AND ETHICS
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