Personal representatives have always had power to mortgage the deceased's personal estate1. In dealing with personal estate, personal representatives have, for purposes of administration or during the minority of any beneficiary or the subsistence of any life interest or until the period of distribution arrives, the same power to raise money by mortgage or charge, whether or not by the deposit of documents, as a personal representative formerly had with respect to personal estate2. In respect of real estate, personal
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234