Noble Estates & Inheritance Act: 1786

== The Noble Estates & Inheritance Act: 1786 – 10 Cel. I c.2 ==
Be it enacted by the King's Divine Majesty, by and with the advice and consent of the Councils of Nobles and of Ministers, in this present Parliament assembled, and by the authority of the same, as follows:-
1ai)    A Noble Estate is comprised of the lands, titles and other assets owned by a Noble.
1aii)   All Nobles holding Noble Estates must make a Will so that on their death their heirs and successors may receive the inheritance that the deceased Noble wishes.
1aiii)  All wills shall be witnessed and discharged by the Lord Attorney who has responsibility for estates and wills.
2ai)    Nobles must keep accurate records of their Estate.
2aii)   These records will include the lands held, shares, houses, property and any other assets, as well as any debts.
2bi)    A separate record shall be kept of the rents collected by each noble.
2bii)   This record shall be known as the Land Registry and shall be maintained and updated by the Secretary to the Council of Nobles.
2biii)  The Land Registry shall come in two parts the first a outline of each baronial province, its value, terrain type and geographical location.  The second part shall be a list of landowners and shall include the name of the baronial province and its International Province Number [IPN] as well as the name of the owner.
3ai)    A Will must specify the noble’s name and title, his parents and his or her charges.
3aii)   A Will must specify how the noble wishes the assets of his Estate to be divided amongst his heirs and successors.
3aiii)  The charges of the deceased noble must also be accounted for with their charge be given over to a successor.
3bi)    Any debts that the deceased noble owes should be paid, if this is specified in the will then the method specified should be used.
3bii)   If any debtors wish to claim on the estate these shall be met.  If the debts cannot
be met the Lord Attorney, or his representative, may decide how the debt is to be paid or apportioned.
3biii)  Those dissatisfied with the decision of the Lord Attorney may take the matter up in the court system.
Passed
Mr Ulm Tradanor – First Minister
For and on behalf of the Council of Ministers
Passed
His Imperial Highness, Celasin I the King of Pyrus
For and on behalf of the Council of Nobles
Signed
His Imperial Highness, Celasin I the King of Pyrus
Category:Pyrusian Statites