Daniel Craig has become the latest in a line of celebrities to announce that he does not intend to leave his wealth to his children. He told Saga magazine “I don’t want to leave great sums to the next generation” and branded inheritance...
Provisions which give executors certain powers which they may need in administering an estate.
A clause at the end of the Will which confirms that certain Will making requirements have been met.
Somebody who benefits from a gift in a Will
Your moveable objects such as furniture and jewellery.
A legally binding amendment to a Will.
Someone appointed in a Will to deal with the estate and affairs of a deceased person.
Someone appointed to look after a child of the deceased who is under 18 years of age.
A gift of an amount of money.
A beneficiary who is entitled to all or a part of the residuary estate.
What is left after the deceased’s liabilities have been paid and gifts of money and specific items under the Will have been made.
Revokes former testamentary documents.
A gift of a specific chattel.
A Will or Codicil.
Someone who makes a Will (male/female).
In a Will a Trustee is appointed to administer ongoing Trusts set up under the Will
A legally binding document which sets out what is to happen to your estate after you die.
A Will must be witnessed by at least two witnesses who must also sign their names.