Estates Act definition
Examples of Estates Act in a sentence
THE PETITION requests authority to administer the estate under the Independent Administration of Estates Act.
In the event of such consent not being obtained or if the Master for whatsoever reason should refuse to issue a certificate (where and if applicable to this Agreement) in terms of Section 42(2) of the Administration of Estates Act 66 of 1965, this agreement will automatically lapse and be considered as cancelled.
All commissions are determined at the confirmation hearing.B. In decedent's estates, a personal representative with limited authority under the Independent Administration of Estates Act must not enter into an exclusive listing agreement or contract to sell real property of the estate without prior court approval.(Adopted 1/1/1990; Renum.
When a personal representative has been granted authority to administer the estate under the Independent Administration of Estates Act (beginning at Prob.
In the event of a dispute, the Master (a court official appointed under Section 2 of the Administration of Estates Act) will set the amount.
Prior to approval of the transfer, the transferee shall also submit proof of compliance with the Split Estates Act by attaching Form 1A, Statement of Oil and Gas Operations, to the Form 7.
If the Governing Body, in the exercise of powers conferred by the Universities and College Estates Act of 1925 and 1964, or any Act of Parliament amending or replacing the same, shall determine to replace or accumulate capital, a written Resolution stating the purpose and terms of such replacement or accumulation shall be submitted to the Governing Body by the Estates Bursar.
If the account is settled under the Small Estates Act, then the closing of the account must be accomplished by the close of the dividend period following the date of settlement.
A general working knowledge of the Administration of Estates Act and its regulations including the drafting of estate accounts, drafting and execution of wills, including testamentary trusts, the application of the law of testate and intestate succession, a knowledge of the principles of estate duty and capital gains tax relating to deceased estates and a rudimentary knowledge of estate planning.
Substitution of section 85 of Administration of Estates Act, 196530.