Presentation is loading. Please wait.

Presentation is loading. Please wait.

Lecturer: Miljen Matijašević G10, room 6/I, Tue 15:30-16:30 Session 6, 25 Nov 2014.

Similar presentations


Presentation on theme: "Lecturer: Miljen Matijašević G10, room 6/I, Tue 15:30-16:30 Session 6, 25 Nov 2014."— Presentation transcript:

1 Lecturer: Miljen Matijašević G10, room 6/I, Tue 15:30-16:30 e-mail: miljen.matijasevic@gmail.com Session 6, 25 Nov 2014

2 1. Revision of the last session 2. Wills and Inheritance

3 Marriage – Divorce

4 1. How is marriage defined in English law? 2. What is common-law marriage? 3. Who has capacity to marry? 5. What marriages are void/voidable? 6. What do you know about same-sex marriages in the UK and the USA?

5 1. What was divorce law based on before 1969? 2. Does English law protect marriage? 3. What is judicial separation and why does the instutite exist? 4. What are possible grounds for divorce in the UK today?

6 Unit 24

7  a.k.a. the law of succession  law that regulates the succession of property upon a person’s death  a deceased person may: ◦ die ‘testate’ (having left a valid will) ◦ die ‘intestate’ (having left no will or an invalid will)

8  a declaration of a person’s wishes concerning the distribution of his/her property after death  it can regulate only what happens to the property owned by the deceased at the time of death  not a permanent document – can be changed or revoked

9 a will is valid if the testator has testamentary capacity (any person of full age and sound mind) if it is written in accordance with legal requirements

10 a valid will must be: in writing signed by the testator attested by at least 2 witnesses authenticity of the testator’s signature the witnesses confirm by their signature the authenticity of the testator’s signature they do not need to know the contents of the will

11  a will is alterable  can be altered (changed) or added to  any changes within the will must be signed by the testator and witnesses  a will can be added to by an attached codicil

12  a will is revocable until the testator dies  it can be revoked by: ◦ a new will (revoking the previous will) ◦ a codicil ◦ a writing executed as a will ◦ subsequent marriage of the testator ◦ destruction of the will

13  the whole of one's possessions, especially all the property and debts left by one at death ◦ DEVISE  land and real property owned by the testator ◦ LEGACY/BEQUEST  any other form of property (e.g. cars, pecuniary bequests) ◦ RESIDUE  all that remains after all the debts have been paid

14  in common law a testator has complete freedom to dispose of property  not obliged to include provision for his dependants  Inheritance (Family Provision) Act 1938 (amended in 1952 and 1975) ◦ court given power to vary a will upon request by a dependant of the deceased ◦ possible for the court to order that ‘reasonable financial provision’ be paid out of the estate left by the deceased

15  list of eligible claimants for family provision ◦ the wife or husband ◦ a former spouse who has not remarried ◦ a child ◦ any person treated by the deceased as a child of the family ◦ any person who immediately before the death of the deceased was being maintained by the deceased

16  estate left to BENEFICIARIES  disposal of a testator’s estate vested in PERSONAL REPRESENTATIVES: ◦ EXECUTORS (of the will)  appointed in the will ◦ ADMINISTRATORS (of the estate)  for someone who died intestate

17  an official document ◦ confirming that the will is genuine ◦ approving the executor’s right to administer the estate  executors apply for probate with the following documents ◦ the will ◦ a death certificate ◦ details of property liable to capital transfer tax ◦ a list of debts and funeral expenses  administrators – appointed by the court

18  personal representatives ◦ absolute power to dispose of the estate ◦ must execute the will/administer the estate within one year and according to law ◦ e.g. must pay off any leftover debts before they transfer property to the beneficiaries

19  if a person dies intestate, the estate is distributed according to special rules, laid down by the law (Administration of Estates Act, 1925 and Intestates’ Estate Act, 1952)  the following groups of people are considered ◦ surviving spouse (husband or wife) ◦ surviving children ◦ surviving parents ◦ surviving brothers and sisters of the whole blood ◦ surviving relations of remoter degree

20  the surviving spouse is entitled to the largest part of the estate, the rest distributed in the above order  if a person leaves no relatives whatsoever, the property goes to the Crown

21

22 Translate into Croatian to die testate/intestate testator testamentary capacity of sound mind alteration (of a will) to alter a will revocation (of a will) to revoke a will codicil estate

23  to die testate/intestate  testator  testamentary capacity  of sound mind  alteration (of a will)  to alter a will  revocation (of a will)  to revoke a will  codicil  estate ostaviti oporuku, umrijeti bez oporuke oporučitelj oporučna sposobnost mentalno zdrav izmjena oporuke izmijeniti oporuku opoziv oporuke opozvati oporuku dodatak oporuci imovina, ostavinska masa

24 Vocabulary devise, legacy/bequest pecuniary bequest residue spouse executor (of a will) administrator (of the estate) beneficiary (of the estate) probate family provision

25 Vocabulary devise, legacy/bequest – oporučni dar, ostavština pecuniary bequest – novčana ostavština residue - ostatak spouse - supružnik executor (of a will) – izvršitelj oporuke administrator (of the estate) – upravitelj imovine beneficiary (of the estate) - nasljednik probate – sudska ovjera oporuke family provision – zbrinjavanje obitelji

26 I, EDWARD COKE, of 14 Acacia Avenue, Oxbridge, in the County of Somerset, company director, HEREBY REVOKE all Wills and testamentary documents heretofore made by me AND DECLARE this to be my LAST WILL 1. I APPOINT my wife Gladys Coke, and my solicitor, Thomas B. Macaulay, to be jointly the executors of this my will. 2. I DEVISE my freehold cottage known as THE LILACS, at Tone Dale, Oxbridge, unto my son, Hugh Coke, in fee simple. 3. I BEQUEATH the following specific legacies: 1.To my son, John Coke, any motor-car I may own at the date of my death. 2.To my daughter, Carolyn Coke, all my ordinary shares in the company known as Imperial Chemical Industries plc. 3.To my said wife all my personal chattels not hereby bequeathed for her absolute use and benefit. 4. I BEQUEATH the following pecuniary legacies: 1.To my daughter Rosalyn Coke the sum of Three Thousand Pounds 2.To my daughter Elizabeth Coke the sum of Three Thousand Pounds

27 A Sample Will 5. I DEVISE AND BEQUEATH all the residue of my real and personal estate whatsoever and wheresoever not hereby or by any codicil hereto otherwise expressly disposed of as to my freeholds in fee simple and as to my personal estate absolutely unto my said wife Gladys Coke for her own absolute use and benefit. IN WITNESS whereof I the said Edward Coke the Testator have to this my LAST WILL set my hand this thirty-first day of March One Thousand Nine Hundred and Ninety-Three. SIGNED AND ACKNOWLEDGED by the above-named Edward Coke the Testator as and for his LAST WILL in the presence of us both present at the same time who at his request in his presence and in the presence of each other have hereunto subscribed our names as witnesses: (signatures)

28 Thank you for your attention!


Download ppt "Lecturer: Miljen Matijašević G10, room 6/I, Tue 15:30-16:30 Session 6, 25 Nov 2014."

Similar presentations


Ads by Google