Professional Documents
Culture Documents
Lawyers 3
Lecturer: Miljen Matijaevi
G10, room 6/I, Tue 15:30-16:30
e-mail: miljen.matijasevic@gmail.com
Todays session
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Inheritance law
Will
A Valid Will
a
will is valid
A Valid Will
a
in writing
signed by the testator
attested by at least 2 witnesses
the
Additions and
Alterations
a will is alterable
can be altered (changed) or added to
Revocation of a Will
Estate
LEGACY/BEQUEST
any other form of property (e.g. cars, pecuniary bequests)
RESIDUE
all that remains after all the debts have been paid
Family Provision
Family Provision
Personal
Representatives
Probate
an official document
confirming that the will is genuine
approving the executors right to administer the estate
the will
a death certificate
details of property liable to capital transfer tax
a list of debts and funeral expenses
Probate
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
Intestacy
surviving
surviving
surviving
surviving
surviving
Intestacy
Vocabulary work
Vocabulary
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
oporuitelj
Vocabulary
devise, legacy/bequest
pecuniary bequest
residue
spouse
executor (of a will)
administrator (of the estate)
beneficiary (of the estate)
probate
family provision
Vocabulary
devise, legacy/bequest oporuni dar, ostavtina
pecuniary bequest novana ostavtina
residue - ostatak
spouse - suprunik
executor (of a will) izvritelj oporuke
administrator (of the estate) upravitelj imovine
beneficiary (of the estate) - nasljednik
probate sudska ovjera oporuke
family provision zbrinjavanje obitelji
A Sample Will
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.
2.
3.
4.
To my son, John Coke, any motor-car I may own at the date of my death.
To my daughter, Carolyn Coke, all my ordinary shares in the company known
as Imperial Chemical Industries plc.
To my said wife all my personal chattels not hereby bequeathed for her
absolute use and benefit.
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)