Grants: Probate and Administration
The difference between probate and letters of administration, which assets avoid probate, what a Deed of Variation can achieve, and the 2-year time limit.
Grants: Probate and Administration
Before an estate can be administered, legal authority must be obtained. This section covers probate and how the estate can be varied after death.
True or false?
Before an estate can be administered, legal authority must be obtained
Varying What Happens After Death
Which term matches: "Changes how estate is distributed after death; must be made within 2 years"
What does "Disclaimer" mean?
Type the term that means: "Changes how estate is distributed after death; must be made within 2 years"
Fill in the blank
______ — Beneficiary rejects their inheritance entirely
What the exam tests
The difference between probate and letters of administration, which assets avoid probate, what a Deed of Variation can achieve, and the 2-year time limit.
True or false?
The difference between probate and letters of administration, which assets avoid probate, what a Deed of Variation can achieve, and the 2-year time limit
Additional notes
Which term matches: "Given to executors named in a valid will; confirms their authority to act"
What does "Letters of Administration" mean?
Type the term that means: "Given to executors named in a valid will; confirms their authority to act"
Match each term in "Additional notes" to its meaning
Tap a term, then tap its matching definition.