Wills, administration of estates and property matters – International Power law Alliance https://www.international-powerlaw-alliance.com Advocates, Professionals & Consultants Thu, 10 Nov 2022 09:04:03 +0000 en-GB hourly 1 https://wordpress.org/?v=6.5.5 https://www.international-powerlaw-alliance.com/wp-content/uploads/2019/10/cropped-favicon-150x150.png Wills, administration of estates and property matters – International Power law Alliance https://www.international-powerlaw-alliance.com 32 32 WITHDRAWAL OF RENUNCIATION OF PROBATE https://www.international-powerlaw-alliance.com/practice-blogs/withdrawal-of-renunciation-of-probate/ https://www.international-powerlaw-alliance.com/practice-blogs/withdrawal-of-renunciation-of-probate/#respond Thu, 10 Nov 2022 09:03:54 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2680 WITHDRAWAL OF RENUNCIATION OF PROBATE Read More »

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Where an executor who has renounced probate has been permitted, to withdraw the renunciation and prove the will, the probate shall take effect and be deemed always to have taken effect without prejudice to the previous acts and dealings of and notices to any other personal representatives who has previously proved the will or taken out letters of administration, and a memorandum of the subsequent probate shall be endorsed on the original probate or letters of administration.

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WIFE’S ANTE-NUPTIAL DEBTS AND LIABILITIES https://www.international-powerlaw-alliance.com/practice-blogs/wifes-ante-nuptial-debts-and-liabilities/ https://www.international-powerlaw-alliance.com/practice-blogs/wifes-ante-nuptial-debts-and-liabilities/#respond Thu, 10 Nov 2022 09:02:30 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2678 WIFE’S ANTE-NUPTIAL DEBTS AND LIABILITIES Read More »

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A woman in accordance with section 13 of the Married Women Property Act 1882 after her marriage shall continue to be liable in respect and to the extent of her separate property for all debts contracted, and all contracts entered into or wrongs committed by her before marriage, including any sums for which she may be liable as a contributory, either before or after she has been placed on the list of contributories, under and by virtue of the acts relating to joint stock companies, and she may be sued for any such debt and for any liability in damages or otherwise under any such contract, or in respect of any such wrong, and all sums recovered against her in respect thereof, or for any costs relating thereto, shall be payable out of her separate property, and as between her and her husband, unless there be any contract between them to the contrary, her separate property shall be deemed to be primarily liable for all such debts, contracts, or wrongs and for all damages or costs recovered in respect thereof: provided always that nothing in the Act shall operate to increase or diminish the liability of any woman married before the commencement of the Act for any such debt, contract, or wrong as aforesaid, except as to any separate property to which she may become entitled by virtue of the Act and to which she would not have been entitled for her separate use under the Acts.

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VESTING OF ESTATE IN PUBLIC TRUSTEE WHERE INTESTACY OR LACK OF EXECUTORS https://www.international-powerlaw-alliance.com/practice-blogs/vesting-of-estate-in-public-trustee-where-intestacy-or-lack-of-executors/ https://www.international-powerlaw-alliance.com/practice-blogs/vesting-of-estate-in-public-trustee-where-intestacy-or-lack-of-executors/#respond Thu, 10 Nov 2022 09:00:28 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2673 VESTING OF ESTATE IN PUBLIC TRUSTEE WHERE INTESTACY OR LACK OF EXECUTORS Read More »

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Where a person dies intestate, his real and personal estate shall vest in the public trustee until the grant of administration.

Where a testator dies and;

  • At the time of death, there is no executor with the power to obtain probate of the will, or
  • At any time before probate of the will is granted there ceases to be any executor with power to obtain probate,

The real and personal estate of which he disposes of by the will shall vest in the public trustee until the grant of representation.

The vesting of real or personal estate in the public trustee by virtue of this section does not confer on him any beneficial interest in or impose on him any duty, obligation, or liability in respect of the property.

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VALIDITY OF CONVEYANCE NOT AFFECTED BY REVOCATION OF REPRESENTATION https://www.international-powerlaw-alliance.com/practice-blogs/validity-of-conveyance-not-affected-by-revocation-of-representation/ https://www.international-powerlaw-alliance.com/practice-blogs/validity-of-conveyance-not-affected-by-revocation-of-representation/#respond Thu, 10 Nov 2022 08:58:49 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2671 VALIDITY OF CONVEYANCE NOT AFFECTED BY REVOCATION OF REPRESENTATION Read More »

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All conveyances of any interest in real or personal estate made to a purchaser by a person in whom probate or letters of administration have been granted are valid, notwithstanding any subsequent revocation or variation of the probate or letters of administration.

The above position is applicable whether the testator or intestate died before or after the commencement of the Administration of Estates Act 1925.

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TRUST FOR SALE https://www.international-powerlaw-alliance.com/practice-blogs/trust-for-sale/ https://www.international-powerlaw-alliance.com/practice-blogs/trust-for-sale/#respond Thu, 10 Nov 2022 08:56:42 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2669 TRUST FOR SALE Read More »

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On the death of a person intestate as to any real or personal estate, that estate shall be held in trust by his representatives with the power to sell it.

The personal representatives shall pay out of the;

  • The ready money of the deceased (so far as not disposed of by his will, if any), and
  • Any net money arising from disposing of any other part of his estate 9after payment of costs),

All such funeral, testamentary, and administration expenses, debts, and other liabilities as are properly payable there out having regard to the rules of administration by the Administration of Estates Act 1925, and out of the residue of the said the money the personal representative shall set aside a fund sufficient to provide for any pecuniary legacies bequeathed by the will of the deceased.

During the minority of any beneficiary or the subsistence of any life interest and pending the distribution of the whole or any part of the estate of the deceased, the personal representatives may invest the residue of the said money, or so much thereof as may not have been distributed.

The residue of the said money and any investments for the time being representing the same, and any part of the estate which remains unsold and is not required for the administration purposes aforesaid is as per the Administration of Estates Act 1925 referred to as the residuary estate of the intestate.

The income including net rents and profits of real estate and chattels real after payment of rates, taxes, rent, costs of insurance, repairs, and other outgoings properly attributable to income of so much of the real and personal estate of the deceased as may not be disposed of by his will, if any, or may not be required for the administration purposes aforesaid, may, however, the such estate is invested, as from the death of the deceased, be treated and applied as income, and for that purpose, any necessary appointment may be made between tenant for life and remainderman.

The above positions will have effect subject to the provisions of a will if the deceased leaves a will.

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SUITS FOR ANTE-NUPTIAL LIABILITIES IN CAMEROON https://www.international-powerlaw-alliance.com/practice-blogs/suits-for-ante-nuptial-liabilities-in-cameroon/ https://www.international-powerlaw-alliance.com/practice-blogs/suits-for-ante-nuptial-liabilities-in-cameroon/#respond Thu, 10 Nov 2022 08:55:20 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2667 SUITS FOR ANTE-NUPTIAL LIABILITIES IN CAMEROON Read More »

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A husband and wife in accordance with section 15 of the Married Women’s Property Act 1882 may be jointly sued in respect of any such debt or other liability (whether by contract or for any wrong) contracted and incurred by the wife before marriage as aforesaid, if the plaintiff in the action shall seek to establish his claim either wholly or in part, against both of them, and if in any such action, or in any action brought in respect of any such debt or liability against the husband alone, it is not found that the husband is liable in respect of any property of the wife so acquired by him or to which he shall have become so entitled as aforesaid, he shall have judgment for his costs of defense, whatever may be the result of the action against the wife if jointly sued with him, and in any such action against husband and wife jointly, if it appears that the husband is liable for the debt or damages recovered, or any part thereof, the judgment to the extent of the amount for which the husband is liable shall be a joint judgment against the husband personally and against the wife as to her separate property, and as to the residue, if any of such debt and damages, the judgment shall be a separate judgment against the wife as to her separate property only.

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SUCCESSION TO REAL AND PERSONAL ESTATE ON INTESTATCY https://www.international-powerlaw-alliance.com/practice-blogs/succession-to-real-and-personal-estate-on-intestatcy/ https://www.international-powerlaw-alliance.com/practice-blogs/succession-to-real-and-personal-estate-on-intestatcy/#respond Thu, 10 Nov 2022 08:54:28 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2665 SUCCESSION TO REAL AND PERSONAL ESTATE ON INTESTATCY Read More »

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The residuary estate of an intestate shall be distributed in the manner or be held on trust under the following circumstances;

  1. If the intestate leaves a spouse;
  2. If the intestate leaves no issue, the residuary estate shall be held in trust for the surviving spouse.
  3. If the intestate leaves issue;
  4. The surviving spouse shall take the personal chattels absolutely.
  5. The residuary estate of the intestate (other than the personal chattels) shall stand charged with the payment of a fixed net sum, free of death duties and costs, to the surviving spouse together with simple interest on it from the date of the death.

Subject to the above provision, the residuary estate other than the personal chattels shall be held.

. As to one half, in trust for the surviving spouse and,

. The other half, on the statutory trusts for the issue of the intestate.

  • If the intestate leaves issue but no spouse, the residuary estate of the intestate shall be held on the statutory trusts for the issue of the intestate.
  • If the intestate leaves no spouse and no issue but both parents, then the residuary estate of the intestate shall be held in trust for the father and mother in equal shares absolutely.
  • If the intestate leaves no spouse, no issue but one parent, then, the residuary estate of the intestate shall be held in trust for the surviving father or mother absolutely.
  • If the intestate leaves no spouse, no issue, and no parents, then the residuary estate of the intestate shall be held in trust for the following persons living at the death of the intestate, and in the following order and manner;

. First, on the statutory trust for the brothers and sisters of the whole blood of the intestate, but if no person takes an absolutely vested interest under such trusts, then

. Secondly, on statutory trusts for the brothers and sisters of the half-blood of the intestate, but if no person takes an absolutely vested interest under such trusts, then

. Thirdly, for the grandparents of the intestate and, if more than one survives the intestate, in equal shares, but if there is no member of this class, then

. Fourthly, on the statutory trusts for the uncles and aunts of the intestate (being brothers or sisters of the whole blood of a parent of the intestate), but if no person takes an absolutely vested interest under such trusts, then

. Fifthly, on the statutory trusts for the uncles and aunts of the intestate (being brother or sisters of half-blood of a parent of the intestate).

A husband and wife shall for all purposes of distribution or division in respect of the above positions be treated as two persons.

Where the intestate’s spouse survived the intestate but died before the end of the period of 28 days beginning with the day on which the intestate died, the above provision shall have effect as respect the intestate as if the spouse had not survived the intestate.

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STOCKS AND FUNDS TRANSFERRED TO A MARRIED WOMAN https://www.international-powerlaw-alliance.com/practice-blogs/stocks-and-funds-transferred-to-a-married-woman/ https://www.international-powerlaw-alliance.com/practice-blogs/stocks-and-funds-transferred-to-a-married-woman/#respond Thu, 10 Nov 2022 08:53:10 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2663 STOCKS AND FUNDS TRANSFERRED TO A MARRIED WOMAN Read More »

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All funds, stocks, deposits, annuities, shares, debentures, debenture stock, and other interests of or in any corporation, company, public body, or society as aforesaid, which after the commencement of the Married Women’s Property Act 1882 shall be allotted, placed, registered, or transferred in or into or made to stand in the sole name of any married woman shall be deemed unless and until the contrary be shown, to be her separate property, in respect of which so far as any liability may be incident thereto her separate estate shall alone be liable, whether the same shall be so expressed in the document whereby her title to the same is created or certified, or in the books or register wherein her title is entered or recorded, or not.

Provided always, that nothing in this Act shall require or authorize any corporation or joint stock company to admit any married woman to be a holder of any shares or stock therein to which any liability may be incident, contrary to the provisions of any Act of parliament, charter, bylaws, articles of association, or deed of settlement regulating such corporation or company.

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STOCK, SHARES TO WHICH A MARRIED WOMAN IS ENTITLED https://www.international-powerlaw-alliance.com/practice-blogs/stock-shares-to-which-a-married-woman-is-entitled/ https://www.international-powerlaw-alliance.com/practice-blogs/stock-shares-to-which-a-married-woman-is-entitled/#respond Thu, 10 Nov 2022 08:52:13 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2661 STOCK, SHARES TO WHICH A MARRIED WOMAN IS ENTITLED Read More »

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All deposits or savings at the bank, all annuities, all stocks or funds transferable at a company which at the commencement of the Married Women’s Property Act 1882 are standing in the sole name of a married woman, and all shares, stock, debentures, debentures stock, or other interests of or in any corporation, company or public body, municipal, commercial or otherwise, or of or in any industrial, provident, friendly, benefit, building or loan society, which at the commencement of this Act are standing in the name of a married woman shall be deemed, unless and until the contrary be shown to be the separate property of such married woman, and the fact that any such deposit, annuity, sum forming part of the public stocks or funds, or of any other stocks or funds transferable in any bank, share, stock, debenture, debenture stock, or other interest as aforesaid, is standing in the sole name of a married woman shall be sufficient prima facie evidence that she is beneficially entitled thereto for her separate use, so as to authorize and empower her to receive or transfer the same, and to receive the dividends, interest and profits thereof without the concurrence of her husband and to indemnify all directors, managers, trustees of every such bank, corporation, company, public body, or society as aforesaid.

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STEPS TO OBTAIN A WILL IN CAMEROON https://www.international-powerlaw-alliance.com/practice-blogs/steps-to-obtain-a-will-in-cameroon/ https://www.international-powerlaw-alliance.com/practice-blogs/steps-to-obtain-a-will-in-cameroon/#respond Thu, 10 Nov 2022 08:51:06 +0000 https://www.international-powerlaw-alliance.com/?post_type=practice-blogs&p=2659 STEPS TO OBTAIN A WILL IN CAMEROON Read More »

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A will or testament in Cameroon is a legal document that expresses a person’s (usually referred to as the testator) wishes as regards how his/her property (usually referred to as the estate) is to be distributed after their death and how the property should be managed by a person (usually referred to as the executor) until finally distributed.

A will or testament in Cameroon can be contested or uncontested.

It was initially thought that a will applied only to real property while a testament applied only to personal property hence giving the connotation of “Last will’. A will in Cameroon may also create a testamentary trust that will be effective only after the death of the testator.

WHAT IS THE IMPORTANCE OF WRITING A WILL IN CAMEROON?

Many people become skeptical when they think of writing a will. This is because they usually face the fear of the presumption of death. Hence they perceive the task of writing a will as a notion of them to die soon. The following aspects of the importance to write a will in Cameroon rather show that it is healthier for the testator to do so.

  1. A will protects your family: a will provides transparency on how your assets must be managed and allotted. It also protects the minor children of the testator as a guardian may be appointed to manage the property of the minor till they attain maturity. It is also a crucial step to ensure that hard earned money, asset and belongings move towards the benefit of someone you love and trust.
  2. A will avoids family disputes: a well drafted will avoids disputes among family members. Its absence can lead to hostile relationships in the family.
  3. A will saves time and money: when a valid will does not exist, the process in court can be cumbersome to appoint a personal representative especially in an atmosphere of family disagreements. This will off course cost time and money.
  4. A will helps to document a guardian for your minor children: due to the uncertainty which exist in life, a sudden demise of a parent can cause hardship of the minor children. It is therefore necessary for a parent to be proactive. Choosing a caretaker for your children in your Will, will help the children in your absence as the probability will be that the parent will choose a responsible person to play such a role.
  5. A will helps to determine the person to manage your assets: the decision on who should manage your assets is one of the most important reasons to write a Will in Cameroon. This is because an executor is entrusted with numerous responsibilities under a valid Will.
  6. Funeral Arrangements (Last Wish): a Will enables the testator to instruct on the nature/conduct of his/her burial.

What is the difference between a last Will and a living Will?

With a last will, you choose who you want to inherit your property after you pass away. With a living will, you outline your preferences about future engagements in case you are unable to communicate your wishes to doctors and loved ones.

What is the difference between a Will and a Trust?

The main difference between a will and a trust is when they come into effect. A will comes into effect after the creator’s death whilst a living trust comes into effect immediately after it is created.

Wills and Codicil

A codicil is a supplementary part of a Will.

What are the considerations when making a will in Cameroon?

  1. Assets

What are your assets? That is savings, investments and property owned by you and what is their value? The importance to properly analyze your assets and their values is because they may be some financial or tax planning which can be carried out as part of the Will making process.

  • Beneficiaries

Who do you want to benefit by your Will? This question is not as easy to respond as it sounds. But when the following matters come to mind such as;

  • Could your spouse remarry and disinherit the children?
  • Who should benefit if your spouse and children die together in an accident?
  • What happens with children born out of wedlock?
  • What rights do estranged children have?
  • Executors, trustees and guardians

Who do you choose to carry out the terms/duties of your will? The spouse and children may be an obvious choice if they are adults. But what if they do not all get on together? The consideration of appointing an impartial or professional executor becomes necessary.

  • Foreign property

Ownership of foreign property may necessitate certain engagements to be handled before heirship can take place. It may be important to establish a foreign Will just for the purpose of securing foreign property.

  • The family business

The continuation of family business will depend on the security of transfer from generation to generation. Hence a Will can be used to ensure the smooth continuation and function of the family business over time.

  • Division of estate

In as much as fairness among children is one of the precious values for parents, it doesn’t mean that their property will be shared among the children equally. Hence the need for a valid Will to be established to ensure the proper division of the estate according to the wishes of the parent.

  • Inheritance tax

Certain provisions may need to be incorporated in a will in order to preserve the property from being used to pay off debts for the other spouse after death.

  • Claims against the estate

Have you considered if there is anyone making a claim against your estate? Such a claim is likely to continue after your death. The following kinds of people may make claims on your estate even after your death;

  • Spouses
  • Civil partners
  • Former spouses
  • Co-habitees
  • Children
  • Those treated as children of the family
  • Persons you may have made promises to and they relied on your promise to their detriment. They may have a claim under the doctrine of ‘proprietory estoppel’. An example is a child who worked without pay in the family business on the expectation of inheriting it etc.

A Will and Intestacy in Cameroon

A valid Will in Cameroon gives rise to testate succession whilst intestacy is the regime in which the property of the deceased is not covered by a valid will. Hence the distribution will be subject to different rules.

Capacity to make a Will in Cameroon

  1. Sound mind

A Will must be written by a person of sound mind. The soundness of his mind will be reflected in his knowledge to understand the nature of the act and the effect of the distribution by his Will.

  • Age

The testator be 21 years of age to make a valid will except in exceptional circumstances like active military service.

  • Absence of Undue Influence

The testator must have the ability to understand without any influence the nature and effect of the disposition in his Will. A Will subject to undue influence is considered null and void.

TYPES OF WILLS IN CAMEROON

  1. Living Will: A living will actually does a lot more than a traditional Last Will. A Living Will is good for end-of-life planning and to make your wishes known as concerns health care you may want in the future.
  2. Testamentary Trust Will: They are sometimes referred to as Will Trust or Trust Under Wills. They are written in a Will and can be used to direct asset distribution after your passing.
  3. Simple Will: These are Wills that do not contain a lot of clauses. However they are good for basic planning.
  4. Pour-Over Will: They work in conjunction with Revocable Living Trust. They are designed to offer more privacy than a regular Will and Testament and work by ‘pouring over’ any assets that don’t directly go to a Beneficiary into your Trust after you pass away.
  5. Joint Will: Joint Wills are a will within one document for two people. They can be used in cases where spouses want to initially make each other Beneficiaries after one person passes, and then establish final Beneficiaries being a child or children once both partners pass away.
  6. Holographic Will: Such Wills still occasionally exist. These are hand written Wills and are typically the result of extreme, unexpected circumstances such as war or another life-threatening situation.
  7. Nuncupative Will: They are verbal explanation that expresses final wishes.
  8. Deathbed Will: This is not a desirable Will for several reasons. They are not as effective as other types of Wills. They are made under dire circumstances and often raise the question of mental instability.

WHAT ARE THE CONTENT OF A VALID WILL

  1. It must be in writing

Every will must be in writing. This is to ensure that everything orally said by the testator is transmitted in permanent form through writing. The only exception to this rule is persons in active military service.

  • Signature

A written will must be signed by the testator in the presence of two witnesses who will both sign at the same time as the testator. If the testator has no signature, a thumb print may suffice. If the testator is an illiterate, the legal prescription of the illiterate protection laws (Illiterate Jurat) must be observed in the Will duly signed by the interpreter.

  • Witnesses

The signature of the testator must be acknowledged in the presence of at least 2 witnesses who will both sign at the same time as the testator.

Can additions be made on an already signed Will?

Yes, any addition will take the form of marginal notes on the valid Will. However, the testator must sign next to each addition in the form of marginal notes.

WHO ARE THE BENEFICIARIES UNDER A WILL IN CAMEROON?

There extent of beneficiaries is dependent on who the testator decides should actually benefit under his Will. However, there are some persons who must be beneficiaries irrespective of the intention of the testator. They include;

  1. The surviving spouse
  2. The children of the deceased
  3. A person who depended on the deceased as a child of the family

HOW CAN YOU REVOKE/CANCEL YOUR WILL IN CAMEROON?

A will established in Cameroon can be revoked in the following circumstances;

  1. By the intentional destruction of the entire will.
  2. By the making a new Will or codicil.
  3. By the subsequent marriage of the testator.

CONCLUSION

Making a will in Cameroon will instead boost your mental health as there is no better way to be sure that your estate will be taken care of if not for a will.

It is however advisable for any interested person to solicit the services of a legal practitioner for proper guidance on the format of writing a Will under absolute confidentiality.

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