When a person dies, they often leave behind property, whether in the form of money, jewelry, vehicles, furniture, stocks or land. The administration of estates is concerned with the distribution of this property, subject to the payment of the deceased's funeral expenses and other debts.
To distribute the property legally, a grant of representation must first be obtained. There are two basic grants of representation, which may be issued out of the High Court. The first is called a grant of probate, which is obtained when there is a valid will.
The second is a grant of letters of administration, which is applied for when the deceased person died without making a will or where a will has been invalidated by the court. A person who applies for and obtains a grant of representation is known as the legal personal representative of the deceased.
To obtain a grant of probate, the deceased must have left a valid will. The person who makes a will is called a testator and the persons to whom property is given in the will are known as beneficiaries. The will also usually names a person to be the executor of the estate. The executor is responsible, after the death of the testator, for obtaining the grant of probate and for administering the estate of the testator in accordance with the will.
The application for the grant is filed at the probate registry of the High Court. Some of the essential documents, which must be submitted along with the application are:
• An affidavit of the executor named in the will
• A certified copy of the death certificate
• The original will
• An affidavit of due execution from one of the witnesses to the signing of the will
• An inventory containing the items of property and the estimated value of the estate at the date of the deceased's death
• A certificate of search from the registrar, which states that there is no other application for probate filed in respect of the deceased's estate and there is no other will deposited at the registry
• A filing-fee receipt for the payment of the application fees
Once these documents are filed, the application is advertised in a daily newspaper and in the Trinidad and Tobago Gazette. If there is no objection to the application, the grant of probate will be issued in the name of the executor and sealed by the court.
After obtaining the grant, the executor will be required to first pay the debts and expenses of the deceased out of the property of the estate. The remaining property is then distributed to the beneficiaries according to the will. Depending on the type of property, a formal deed of assent may be required, such as for land. Otherwise, delivery of the item to the beneficiary may suffice for the purposes of distribution.
This column is not legal advice. If you have a legal problem, you should consult a legal adviser.