33 Trust for sale

33  Trust for sale

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

(2)     [The personal representatives shall pay out of—

(a)     the ready money of the deceased (so far as not disposed of by his will, if any); and

(b)     any net money arising from disposing of any other part of his estate (after payment of costs),

all] such funeral, testamentary and administration expenses, debts and other liabilities as

Powered by Lexis+®

Popular documents