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This form is used to declare the next of kin for a deceased securityholder and to indemnify the company against any losses during the handling of shares without a Grant of Probate or Letter of Administration.
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How to fill out statutory declaration of indemnity
How to fill out Statutory Declaration of Indemnity Next of Kin
01
Start with the title 'Statutory Declaration of Indemnity Next of Kin' at the top of the document.
02
State your full name, address, and other identifying details in the declaration.
03
Clearly identify the person you are declaring as your next of kin.
04
Describe the relationship between you and your next of kin.
05
Include any necessary details regarding the indemnity, explaining the reasons for the declaration.
06
Sign the document in the presence of an authorized witness, such as a solicitor or Commissioner for Oaths.
07
Ensure the witness signs and dates the document, confirming they have witnessed your signature.
08
Keep a copy for yourself and submit the original where required.
Who needs Statutory Declaration of Indemnity Next of Kin?
01
Individuals who wish to designate a next of kin for legal or medical purposes.
02
Those needing to provide an indemnity guarantee in cases of accident or emergencies involving their next of kin.
03
People applying for certain government benefits or entitlements that require a declaration of next of kin.
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People Also Ask about
What is the declaration of next of kin?
This document is a Declaration of Next of Kin form for employees to fill out to authorize their company to contact relatives or friends in case of an emergency.
What are the words for a statutory declaration?
The form of wording is as follows: “I solemnly and sincerely declare that this is my name and handwriting and that the contents of this my declaration are true.” If there are exhibits, you should add “and that [this/these] [is/are] the exhibit[s] referred to”.
What is a next of kin document?
Next of kin typically serves as a default designation when there is no formal legal document specifying decision-making authority. On the other hand, a power of attorney is a legal document that grants one person authority to act on someone else's behalf.
What is next to a kin certificate?
A Next of Kin Certificate is a legal snapshot — proof of who's closest to the deceased, like a spouse, child or parent.
What is meant by the next of kin?
Next of kin is a term used to describe your closest living relative or relatives. You may be asked to name someone as your next of kin if you're in hospital or if you're taking part in an activity with a certain level of risk – such as a skydive or bungee jump.
What is the next of kin declaration?
This document is a Declaration of Next of Kin form for employees to fill out to authorize their company to contact relatives or friends in case of an emergency.
What is a declaration and indemnity form?
This form is used to allow the Executor(s)/Next of Kin to legally transfer shares from a person who has passed away into their name(s) and provides information in regards to how the shares can be sold.
Can I write my own statutory declaration in the UK?
The law requires that a Stat Dec must be signed in the presence of an authorised person: Notary. Solicitor/Commissioner for oaths. Justice of the Peace.
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What is Statutory Declaration of Indemnity Next of Kin?
The Statutory Declaration of Indemnity Next of Kin is a legal document that serves as a declaration made by an individual to acknowledge their relationship to a deceased person and to assume responsibility for indemnifying any claims that may arise due to that relationship.
Who is required to file Statutory Declaration of Indemnity Next of Kin?
Typically, the next of kin or legal heirs of a deceased person are required to file the Statutory Declaration of Indemnity Next of Kin to confirm their identity and relationship to the deceased, often when claiming assets or benefits.
How to fill out Statutory Declaration of Indemnity Next of Kin?
To fill out the Statutory Declaration of Indemnity Next of Kin, individuals must provide personal information about themselves and the deceased, including full names, addresses, relationship, and details related to the deceased's estate. This document usually needs to be signed in front of a notary or authorized witness.
What is the purpose of Statutory Declaration of Indemnity Next of Kin?
The purpose of the Statutory Declaration of Indemnity Next of Kin is to legally affirm the relationship of the declarant to the deceased and to protect the entity or individual handling the deceased's estate from any future legal claims by establishing an indemnity.
What information must be reported on Statutory Declaration of Indemnity Next of Kin?
The information that must be reported includes the declarant's full name, address, date of birth, relationship to the deceased, the deceased's full name and details, and any relevant details concerning assets or claims that may arise related to the deceased's estate.
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