Legal terminology to know when writing your will
If you die without a Will or without appointing an executor, an administrator will be appointed to handle your estate.
A person or organisation who receives something in your Will.
A gift in your Will.
Personal property including furniture, furnishings, moveable goods and, under English and Welsh law, your animals.
A separate legally binding document making a change or addition to your existing Will.
A gift that will only take effect if a certain event occurs.
The total value of all your assets at the time of your death.
Someone you appoint to carry out the terms of your Will.
Grant of probate
A court document confirming the authority of an executor to administer the estate.
When someone dies without having made a Will or where their Will fails to dispose of all of their estate.
A gift in your Will to a charity.
The gift of a specified sum of money.
Where the residue of your estate is set aside for, or to be divided between, named beneficiaries.
The remainder of your estate after payment of debts, funeral expenses and the costs of the administration of the estate, and all specific and other gifts in the Will have been paid.
The gift of a specific item (e.g. a painting, car, property, etc.).
The person making the Will.
An individual appointed to look after any part of your estate for the benefit of others. Will A legally binding document giving instructions about what to do with a person’s estate when they die.