Estate
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2. If the deceased made no Will, how can the relevant estate be …
If the deceased leaves a spouse, but leaves no issue, parent, brother or sister of the whole blood (the same parents), or issue of a brother or sister of the whole blood, then the surviving husband or wife is absolutely entitled to the residuary estate (i.e. the whole sum after deduction of the deceased's debts, taxes, funeral, legal and
Clic.org.hkPROBATE | Community Legal Information Centre (CLIC)
Feb 11, 2006 · For an estate more than $50,000 but less than $150,000, and if the estate consists of only bank accounts and/ or mandatory provident fund money, you can apply for the estate be administered summarily without any grant under s.15 of the Probate and Administration Ordinance . You should apply to the Official Administrator for the exercise of his power to get in and …
Clic.org.hk2. What are the differences between an estate with a Will and an …
Oct 7, 1971 · She had three children, A, B and C. C passed away one year ago. C had two children, D and E. (1) If my grandmother died with a will directing her estate be distributed among A, B and C evenly, how is the estate be distributed? (2) If my grandmother died intestate, how is the estate distributed? 8. The husband died without a will.
Clic.org.hk11. The allocation of estate has been clearly set out in a Will
The allocation of estate has been clearly set out in a Will. Can this prevent all the disputes which may come out during the distribution process? One of the main functions of a Will is to provide instructions for distributing the estate according to the intention of the testator (person making the Will, i.e. the deceased).
Clic.org.hk3. If the value of the deceased’s estate does not exceed - CLIC
The applicant shall then visit the estate Beneficiaries Support Unit at a scheduled time slot to swear/affirm in an affidavit as to the truthfulness and correctness of the affidavit and the schedule exhibited by the affidavit and collect the confirmation notice and a …
Clic.org.hk3. Powers of the Personal Representatives in Dealing with the …
3. If the value of the deceased’s estate does not exceed $50,000, will the application procedure be different? 4. What happen if the value of the estate exceeds $50,000 but does not exceed $150,000? 5. How does one avoid intermeddling of the estate (handling the estate without permission) after abolition of the estate Duty? 6.
Clic.org.hkThe estate agents' services (with an overview of the sale and
II. The estate agents' services (with an overview of the sale and purchase procedures) Although the vendor (seller) and the purchaser can directly deal with each other, they usually have to go through the following steps with the assistance of estate agents: An overview of the procedures for sale and purchase of property
Clic.org.hk2. What other matters should be considered before making a …
One point to note before the abolition of estate duty is that any gift to a registered charity in Hong Kong according to your Will is exempt from estate duty. vii) Distribution of your estate Age of Distribution: If any beneficiary of an estate is under the age of 18, the executor must hold the child’s share in trust (to keep the relevant assets properly on behalf of this child).
Clic.org.hk11. Before I buy the flat, I find out that my agent gave me - CLIC
Example 3: The estate agent only acts for you but not the vendor, and makes a false statement to you about the property. Answer: Unless you are prepared to give up the deposit, you cannot unilaterally terminate the provisional sale and purchase agreement since the vendor is not responsible for what the estate agent said.
Clic.org.hk1. What are the requirements for a valid will? - CLIC
3. If the value of the deceased’s estate does not exceed $50,000, will the application procedure be different? 4. What happen if the value of the estate exceeds $50,000 but does not exceed $150,000? 5. How does one avoid intermeddling of the estate (handling the estate without permission) after abolition of the estate Duty? 6.
Clic.org.hk