Skip to content
Solved
SearchBrowse
Sign in

Contents

Official guidance
Trusts, Settlements and Estates Manual

TSEM6100 · Legal background to trusts & estates: no valid will - contents

  • TSEM6101 · Legal background to trusts & estates: intestacy
  • TSEM6102 · legal background to trusts & estates: applying for letters of administration
  • TSEM6104 · Legal background to trusts & estates administrator's duties
  • TSEM6105 · Legal background to trusts & estates: partial intestacy
  • TSEM6110 · Legal background to trusts & estates: the three phases of an administrator's duties
  • TSEM6112 · Legal background to trusts & estates: administrators - deceased was self-employed
  • TSEM6113 · Legal background to trusts & estates: administrators and HMRC
  • TSEM6114 · Legal background to trusts & estates: no valid will - the end of an administration period
  • TSEM6115 · Legal background to trusts & estates: administrators give assent
  • TSEM6120 · Legal background to trusts & estates: no valid will - statutory trust
  • TSEM6121 · Legal background to trusts & estates: early payment of a minor's share under the rules of intestacy
  • TSEM6122 · Legal background to trusts & estates: no valid will - when beneficiary becomes absolutely entitled to trust assets
  • TSEM6123 · Legal background to trusts & estates: no valid will - 'trust for sale'
  • TSEM6124 · Legal background to trusts & estates: administrators become trustees of statutory trust
  • TSEM6125 · Legal background to trusts & estates: no valid will - age of majority
  • TSEM6126 · Legal background to trusts & estates: administrators - value of transferred assets
  • TSEM6127 · Legal background to trusts & estates: the difference between administrators and trustees
  1. Legal background to trusts & estates: no valid will - contents
  2. Legal background to trusts & estates: administrators give assent

TSEM6115 | Legal background to trusts & estates: administrators give assent

From HM Revenue & Customs · Trusts, Settlements and Estates Manual

When administrators have

  • brought together the assets in their hands

  • paid the debts of the deceased

  • found out what is left

  • satisfied themselves about a beneficiary’s entitlement

they ‘assent’ to a beneficiary’s entitlement. Sometimes they assent to the residue being held in accordance with the rules of intestacy.

‘Assent’ establishes the beneficiary’s title. It confirms the debt owed to the beneficiary. The beneficiary has become the owner, even if not immediately taking possession.

If the asset is real property, personal representatives must give assent in writing. The assent then acts as a conveyance. Written assent is not essential if the asset is an equitable interest in land. However it is better if all assent is written. This establishes the date the beneficiary became the legal owner. An assent in favour of a residuary legatee may normally be inferred at the date of the ascertainment of residue (CG30900).

PreviousNext
PrivacyTerms