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attestation clause (def.)beneficiary (def.)children (def.)codicil (def.)electronic will (def.)estate (def.)executor (def.)guardian (def.)intestate and intestacy (def.)joint tenants (def)letter of wishes (def.)life interest (def.)mirror wills (def.)nil-rate band (def.)partner (def.)pecuniary legacy (def.)per stirpespersonal chattels (def.)probate (def.)replacement beneficiarysurvivorship clause (def.)tenants in common (def)testator / testatrix (def.)trust and trustee (def.)types of gifts & bequestswhat is right of survivorship?what is your residuary estate?witness (def.)issue (def.)
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Will Guidance Transcripts
Do you live in England or Wales?Are you legally Married or have a Civil Partner?Your ExecutorsDo you have any children?Do you want to appoint a guardian?Do you have any pets?Do you own a property?Do you want to provide ‘life interest’ to your legal partner?Gifts and BequestsLeaving a BequestThe remainder; your residuary estateHave you excluded anyone?

estate (def.)

Everything you own at the time of your death, less anything you owe. This includes your home and any other property, money in bank and savings accounts, investments, vehicles, personal possessions and, in most cases, the payout from life insurance policies not written in trust.

Your Executor is responsible for identifying everything in your estate, settling debts, funeral expenses and any tax due, and then distributing what remains according to your Will.

Jointly owned assets held as joint tenants pass automatically to the surviving owner and do not form part of your estate for distribution under your Will.

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