A Trivia Quiz On Wills And Administration

11 Questions

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A Trivia Quiz On Wills And Administration

This test will cover the basics required for Wills & Administration.


Questions and Answers
  • 1. 
    Andrew died leaving a will. The will did not appoint executors. In the will he left the residue of his estate to George and Frank on trust for Polly. Which persons could apply for a grant of administration?
    • A. 

      Polly’s Guardians

    • B. 

      George and Frank are the residuary legatees holding on trust for Polly

    • C. 

      The Official Solicitor

  • 2. 
    Megan died last week leaving a will appointing Lois to be her sole executrix and residuary beneficiary. Lois died two months ago. Only Megan’s father and brother are still alive. Which persons could apply for a grant of administration?
    • A. 

      There is a partial intestacy here as no one entitled under the will survives as residuary beneficiary. Those entitled under the intestacy of the deceased are entitled to apply for a grant. Here Megan’s father should apply as he is first entitled under the intestacy rules.

    • B. 

      There is not a partial intestacy here as Lois’s executors can apply as the estate belongs to Lois and those entitled under the intestacy of the deceased are not entitled to apply for a grant.

    • C. 

      There is a partial intestacy here as no one entitled under the will survives as residuary beneficiary. Those entitled under the intestacy of the deceased are entitled to apply for a grant. Here Megan’s brother should apply as being first entitled under the intestacy rules.

  • 3. 
    • A. 

      Terence’s own executor of his will. Terence will need to renounce

    • B. 

      Belinda’s next of kin. Terence will need to renounce

    • C. 

      Clara is entitled as residuary legatee as Terence is unwilling to act. Terence will need to renounce

  • 4. 
    • A. 

      None they have no legal beneficial interest

    • B. 

      Full rights of ownership to the property

    • C. 

      A life interest entitlement to the property

  • 5. 
    Five months after the death of the Testator, the beneficiaries of the estate are complaining about the delay in administration and want their inheritance ASAP. You act for the PR. What do you do?
    • A. 

      Advise the PR that they have to wait for as long as it takes.

    • B. 

      Can give interim distribution but PRs not obliged to distribute during 12 months form date of death. Would be unwise to distribute before 6 months because of potential claims under I (PFD)Act and need for statutory notices in respect of missing beneficiaries.

    • C. 

      Can give interim distribution but PRs are obliged to distribute during 12 months form date of death. Would be reasonable to distribute before 6 months because potential claims under I (PFD)Acts are not very common.

  • 6. 
    You want to distribute an estate but cannot locate one of the beneficiaries, what do you do?
    • A. 

      Provided you have sent a letter to the last known address then you are free to distribute the estate.

    • B. 

      Apply for a Benjamin Order get indemnity from beneficiaries set aside assets get insurance

    • C. 

      Wait for 12 months then distribute the missing beneficiary’s entitlement in equal shares to the other beneficiaries.

  • 7. 
    • A. 

      1. Spouse – civil partner 2. Parents 3. Son\Daughter 4. Brother\Sister 5. Grand Parents 6. Uncles\Aunts 7. Children of sons, daughters, brothers, sisters, uncles, aunts.

    • B. 

      1. Spouse – civil partner 2. Son\Daughter 3. Parents 4. Brother\Sister 5. Uncles\Aunts 6. Grand Parents 7. Children of sons, daughters, brothers, sisters, uncles, aunts.

    • C. 

      1. Spouse – civil partner 2. Son\Daughter 3. Parents 4. Brother\Sister 5. Grand Parents 6. Uncles\Aunts 7. Children of sons, daughters, brothers, sisters, uncles, aunts.

  • 8. 
    John Wilson’s brother died intestate with no other surviving relatives. The estate is worth £4000 which is in cash. John is required to obtain a grant of letters of administration before he can benefit.
    • A. 

      True

    • B. 

      False

  • 9. 
    • A. 

      £450,000

    • B. 

      £250,000

    • C. 

      £350,000

  • 10. 
    Entitlement of Spouse\Partner with surviving issue a)       personal chattels absolute b)       statutory legacy of £________plus interest __________ c)       life interest in half the residue The other half of the residue goes on trust to the issue.
    • A. 

      £300,000 plus 6.5%

    • B. 

      £200,000 plus 4.5%

    • C. 

      £300,000 plus 2.5%

    • D. 

      £250,000 plus 6%

  • 11. 
    A will is valid provided the following is true.
    • A. 

      Is the testator over 16

    • B. 

      Made by a person who is of sound mind

    • C. 

      The will must be clear

    • D. 

      A witness or the married partner of a witness can benefit from a Will

    • E. 

      It must be written by a solicitor or legal professional

    • F. 

      The witnesses must sign within 24 hours of each other

    • G. 

      Made voluntarily and without pressure from any other person