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?
If a person dies “testate” it means the person made a valid will before he or she died. The will would contain the instructions on how the deceased person wanted his assets to be shared amongst his loved ones. Therefore the assets left behind by the deceased will be shared according to the will.
If a person dies “intestate” it means the person did NOT make a will before he or she died. When there is no will, the assets that were left behind by the deceased will be shared according to the rules set out in the Administration of Estates Act in Trinidad and Tobago. According to the Administration of Estates Act:
Important Notice: This post does not constitute legal advice. Always consult with an attorney on any legal problem or issue.
This website is managed by AURORA Chambers; a law practice in Trinidad and Tobago. Click HERE to receive updates straight to your inbox by subscribing to our newsletter.
0 Comments
Leave a Reply. |
Categories
All
Archives
November 2024
|