Queensland Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

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.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback