The use of that part to satisfy the pecuniary legacy would require consent from which person?

Prepare for the CILEx F4 Property and Private Client Test. Utilize flashcards and multiple choice questions, complete with hints and detailed explanations. Ace your exam with thorough preparation!

Multiple Choice

The use of that part to satisfy the pecuniary legacy would require consent from which person?

Explanation:
Consent is required from the person who holds the right to the part of the estate being used—the life tenant. If a portion of the estate is held for someone’s life, their interest must be respected, so you can’t use that asset to pay a pecuniary legacy without their agreement. In this case, that life interest belongs to Arthur, so his consent is needed before that part can be used to satisfy the legacy. If Arthur agrees, the legacy can be met from that asset; without his consent, you’d have to look to other funds.

Consent is required from the person who holds the right to the part of the estate being used—the life tenant. If a portion of the estate is held for someone’s life, their interest must be respected, so you can’t use that asset to pay a pecuniary legacy without their agreement. In this case, that life interest belongs to Arthur, so his consent is needed before that part can be used to satisfy the legacy. If Arthur agrees, the legacy can be met from that asset; without his consent, you’d have to look to other funds.

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