Last Updated: 26th February, 2024
In Trinidad and Tobago, the role of an executor in a will is crucial to ensuring that the wishes of the deceased are carried out efficiently and in accordance with the law. An executor is appointed by the testator (the person making the will) to administer their estate after their death. Let's explore the key responsibilities and duties of an executor in Trinidad and Tobago:
Last Updated: 19th February, 2024
Gifting property in Trinidad and Tobago is a significant legal decision that requires careful consideration and adherence to the laws of T&T. Whether you're considering transferring property to a family member, friend, or entity, understanding the legal procedures and requirements is essential to ensure a smooth and legally binding transaction. In this comprehensive guide, we'll walk you through the key steps and considerations involved in gifting property in Trinidad and Tobago.
Last Updated: Wednesday 3rd January, 2023
In the realm of property law, the concept of a life interest is a critical element that can significantly affect the ownership and transfer of assets. A life interest in property grants an individual the right to use, occupy, and enjoy a specified property for the duration of their life. But what is the impact of this legal arrangement? In this article, we will delve into what having a life interest in property entails and explore its implications.
When a person dies without leaving a will he has died “intestate.” When this occurs certain rules apply in regard to who is entitled to inherit the deceased's possessions which are called his "estate."
In Trinidad and Tobago these rules of intestacy are set out in the Administration of Estates Act Chap 9:01. When a person dies without a will the following persons have a right to a share of his estate:
You're looking forward to the big day but there are so many details to consider including the legal details. If you already have a Will before getting married, keep in mind that tying the knot can affect that Will.
Most of us don't really think about making a will - it can be an uncomfortable subject. Or maybe you do intend to make one but it has gone on the backburner. In the past, a few persons have asked if you can just draft one yourself. So can you make your own will?
Last Updated: Sunday 28th January, 2024
In Trinidad and Tobago, the passing of a loved one poses not only emotional challenges but also legal complexities, especially for common law spouses navigating estate distribution. The presence or absence of a will profoundly influences the procedure by which the surviving common law partner can assert their rightful share of the estate. In this article, we delve into the dynamics of each scenario to shed light on the procedures involved.
Maybe you've heard these terms before but what do they mean? And what happens when someone dies "testate" or "intestate" in Trinidad and Tobago?
A will tells everyone what should happen to your money, property and possessions after you die (all of these things together are called your ‘estate’).
Thinking about making a will seems like a morbid subject. However, life is uncertain and we don't know when we may go. So here are six (6) good reasons why you should consider making a will: