2010 - 2017

Glossary For Will Making3

By Stan Taylor Written on:




Want to make a start on your will?

Making a will is simple

Making a Will is not about wealth it is about making sure that what you want to happen to your estate does happen. It gives you the opportunity to specify such things as who will administer your estate, who will care for your children and who will receive specific items of your property.


Propound a will in hold a will out to be the true and court correct last will seek to prove a will in court.

Prove a Will

Apply and be granted a Grant of probate of a will.

Residue of the What remains of an estate after the estate payment of all charges, debts and bequests.

Statutory legacy

Amount a spouse receives under the intestacy rules.

Testamentary

The intention and mental capacity capacity to understand the process of making a will as defined by the appropriate legal criteria. Testator Person who draws up a will covering the events to happen on his death.

Testatrix

Female version of a testator.

Trustee

Person who administers an ongoing trust set up in a will or during a person's lifetime.

Whole blood

Relatives of the whole blood have both parents in common.


New sections added - Glossary For Will Making3 or Will With Various Specific And Pecuniary Legacies And Residue To Charity, One Lay Executor And One Professional


Recommended Solicitors


Free Will Sample download

see: Making a will - The Law Society. Please note that will making differs in Scotland and this website currently deals with English laFree Will download

 

Perhaps you might consider taking legal advice from a solicitor about making a will if any of the following apply to your circumstances:

 

  1. A number of people could make a claim on your estate when you pass away because they depend on yourself financially
  2. You want to include a trust in your will (perhaps to provide for children, to save tax, or simply protect your assets in some way after you become deceased)
  3. Your physical and permanent home is not in the UK and / or you are not a British citizen
  4. You live here in the UK but you have additional property abroad
  5. You own all or part of a UK business.
  6.  

see: Making a will - The Law Society. Please note that will making differs in Scotland and this website currently deals with English law.

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