SUCCESSION ACT 1981 - SECT 56
Property of deceased assets for the payment of debts
SUCCESSION ACT 1981 - SECT 56
Property of deceased assets for the payment of debts
56 Property of deceased assets for the payment of debts
(1) The property of a deceased person which on his or her death devolves to
and vests in his or her executor or the public trustee is assets for the
payment of his or her debts and any disposition by will inconsistent with this
enactment is void as against creditors, and the court shall, if necessary,
administer the property for the purposes of the payment of the debts.
(2)
This section shall take effect without prejudice to the rights of mortgagees
or other encumbrancees.
