Wills and Intestacy
Wills and Intestacy
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We will be teaching the following parts of the SQE1 Assessment Specification:
Wills and Intestacy
Validity of wills and codicils:
- testamentary capacity
- knowledge and approval
- duress and undue influence
- who has the burden of proof when challenging validity
- formal requirements.
Personal Representatives:
- the appointment of executors
- Eligibility
- Suitability
- renunciation and reservation of power.
Alterations and amendments to wills:
- effect of alterations made to wills both before and after execution
- use and effect of codicils.
Revocation of wills:
- methods of revocation
- later will
- codicil
- destruction
- marriage and civil partnership
- effect of divorce or dissolution on existing will
The interpretation of wills:
- effect of different types of gift
- failure of gifts.
The intestacy rules:
- Section 46 of The Administration of Estates Act 1925
- the statutory trusts.
Property passing outside the estate:
- joint property
- life policies
- pension scheme benefits
- trust property.
We will finish by practising MCQs on what we have covered.
The Session will be recorded.