Property may be acquired in various ways some of which include: Asserting ownership over things not previously owned by anyone else. Adverse possession i.e. asserting ownership on abandoned land. Purchase from a previous owner. Inheritance.
Day: September 27, 2020
Duties of a personal representative
Duties of the personal representative To pay out of the deceased estate reasonable funeral expenses. To collect in all the free property of the deceased including debts owned or money payable. To pay out of the deceased estate all expenses Read More …
Ways in which a will can be revoked
Another will or codicil: under sec 18 (1) of the Law of Succession Act, the will or codicil revoking the earlier will must declare intention to revoke it. Destruction: under sec 18 (1) of the Act a will is revocable Read More …
Formalities of a valid will
Under section 8 of the act, a will may be made either orally or in writing. The validity of an oral will is dictated by two factors: The declaration must be made before two or more competent witnesses. The testators Read More …
Characteristics of a valid will
Ambulatory: a will is said to be ambulatory in that it only speaks after death. It distributes a persons property in death. Revocability: a will is revocable by the test or at any time when he has capacity to make Read More …
