Intestacy and Property Outside the Estate
Section 46 distribution and statutory trusts, joint property, life policies, pension benefits and trust property.
How to study for FLK2
Use closed-book rule anchors, realistic client facts, primary-classification ranges and an ethical decision check across every subject.
Core concepts
Concept 1
Apply the intestacy order to spouse or civil partner, issue and other relatives using the facts and supplied monetary values.
Exam cue: Prepare an estate map before calculating distribution.
Concept 2
Identify the statutory trusts and the entitlement or age conditions for issue.
Exam cue: Separate legal title, beneficial ownership and succession route.
Concept 3
Determine whether joint property passes by survivorship or falls into the estate by beneficial ownership.
Concept 4
Classify life policies, pension benefits and trust assets by nomination, discretion, ownership and governing instrument.
Risk pitfalls and guardrails
Assuming a co-owned asset always passes by survivorship.
Guardrail: Check the sitting-specific law cutoff, keep Solicitors Accounts in its official context and reject any answer that imports an FLK1 rule as the controlling subject.
Including trust or discretionary pension property automatically in the distributable estate.
Guardrail: Check the sitting-specific law cutoff, keep Solicitors Accounts in its official context and reject any answer that imports an FLK1 rule as the controlling subject.
Memory anchors
Intestacy and Property Outside the Estate: scope
Section 46 distribution and statutory trusts, joint property, life policies, pension benefits and trust property.
Intestacy and Property Outside the Estate: focus 1
Apply the intestacy order to spouse or civil partner, issue and other relatives using the facts and supplied monetary values.
Intestacy and Property Outside the Estate: focus 2
Identify the statutory trusts and the entitlement or age conditions for issue.
Intestacy and Property Outside the Estate: focus 3
Determine whether joint property passes by survivorship or falls into the estate by beneficial ownership.
Intestacy and Property Outside the Estate: focus 4
Classify life policies, pension benefits and trust assets by nomination, discretion, ownership and governing instrument.
Checkpoint rule
Do the check-up only after you can summarize each concept in one sentence and identify one dangerous pitfall from memory.
Knowledge Check (after reading)
Short check-up to confirm understanding of this module.
Check-up Questions
Next step personalized recommendations
Continue learning
Move forward only after this module is stable.
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