
Law-Wills and Probate
Quiz
•
Other, Business
•
1st Grade - University
•
Practice Problem
•
Medium
Colm Barcoe
Used 4+ times
FREE Resource
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Probate Office is part of the High Court. Its main function is to give lawful authority to deal with a deceased person's estate.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In some estates, a Grant of Probate is issued within months of the testator's death. More typically, however, it will take three weeks.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In Ireland, there is also a concept known as the Executor's Year. This gives the executor 12 months to distribute the estate, starting from the date of the testator's death.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of selling the house can not begin before the Grant of Probate is in place – the property can be put up for sale
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sale can't close until the Grant of Probate is secured.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fee of 2% of an estate worth 400k would be €8,000.00 plus vat @ 23%- €1,840.00 = €9,840.00 plus outlays
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is vital on someone's death that the executors don't obtain Probate as you have no legal authorisation to sell a property before Probate is granted, unless your name is already on the title deeds.
True
False
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