Administrator
Is the person appointed by law to deal with your affairs if you die without a will. A potential beneficiary or family member usually applies to the Probate Registry to take on this responsibility. The equivalent position in cases where a will writer has intervened is that of ‘executor’.
Beneficiary
Codicil
Crown or Treasury or State
Effectively refers to the government. If your will writer has erred and the document is not valid or if you didn’t bother making one and you have no next of kin then the Crown/Treasury/State can claim your assets.
Estate
Refers to the aggregated value of everything you own at the time of your death, less any outstanding liabilities.
Executor/Executrix
Are the people you have appointed in your will to sort matters out for you. It’s important that you transmit to your will writer exactly who you want to act on your behalf in this important position.
Funeral Arrangements
These are the instructions that you give for carrying out your final wishes including interment, cremation, flowers, service etc.
Inheritance Tax
Is a government tax, imposed at a preset rate, that is paid by an estate once the current threshold is reached. There are certain exemptions and an experienced and competent will writer can thereby take advantage of the law and effectively reduce the potential tax burden.
Intestacy
Legacy
Probate
Testator/Testatrix
Trust
Is usually an arrangement outlined in the document instructing someone (the trustee) to carry out certain actions sometimes at particular time or dates but more often at their own discretion.
Witness
For valid execution of a will, two witnesses, who are not beneficiaries, must sign the document both being present at the same time with the testator. A gift to a witness will be void.
Even if you have a current will you should review it at regular intervals to ensure that the instructions are in accordance with your wishes. We can carry out work on your behalf be it a new will, a codicil or amendment or a re-draft of an existing will. Our charges are reasonable and depend on the amount of work necessary to carry out your instructions. We are able to provide you with a quotation over the telephone and offer discounts for family wills or mirror wills for spouses.