>In this second post, we’ll go through some of the important aspects of writing a will, including some of the terms you’ll come across & how they relate to you.
Executors & Beneficiaries
Significant persons to appoint when you make your will include an Executor and Beneficiaries. The Executor(or Personal Representative) is the one who will oversee that all your wishes are carried out. He/she also manages and distributes the estate with the help of a solicitor in many cases. The Beneficiaries(can be persons or organizations) are the ones who will receive your properties.
It is possible to draft your own legally valid will without the help of a solicitor although it is advised that you seek professional legal advice if you are in a complex situation.