TSEM6100 - Legal background to trusts & estates: no valid will - table of contents
Intestacy |
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Applying for letters of administration |
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Administrator’s duties |
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Partial intestacy |
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Apportioning income |
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The three phases of an administrator’s duties |
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Administrators - deceased was self-employed |
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Administrators and the tax office |
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The end of an administration period |
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Administrators give assent |
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Statutory trust |
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Early payment of minor’s share under the rules of intestacy |
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When beneficiary becomes absolutely entitled to trust assets |
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‘Trust for sale’ |
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Administrators become trustees of statutory trust |
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Age of majority |
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Administrators - value of transferred assets |
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The difference between administrators and trustees |
