Grants of Representation

We will be teaching the following parts of the SQE1 Assessment Specification:

Grants of representation:

• need for grant
• the relevant provisions of the Non-Contentious Probate Rules:
  • order of priority where deceased left a will
  • order of priority in case of intestacy
• application procedure: application (and evidence required) for the grant of representation - grant of probate, grant of letters of administration with will annexed, grant of letters of administration
• valuation of assets and liabilities
• excepted estates
• methods of funding the initial payment of Inheritance Tax
• burden, liability and incidence of Inheritance Tax: 
  • personal representatives
  • beneficiaries
  • trustees
  • co-owners

We will finish by practising MCQs on what we have covered.

The Session will be recorded.