![]()

![]()
The number of unmarried couples who are living together has dramatically increased in recent years and over one- third of births are now outside marriage.
Glossary of Commonly Used UK Legal Will Terms
Administrator - An individual appointed by UK law to handle your personal and financial affairs if you die intestate, which means without a legal will.
Beneficiary - Anyone designated to receive money, property, or possessions in your will.
Codicil - A codicil is used to make changes to an existing will.
Crown - The UK government. If you do not make a legal will, the crown receives your entire estate.
Estate - The sum of everything you own at the time of your death, minus any debts or unpaid taxes.
Executor - The individual or individuals you choose to distribute your estate as specified in your legal will.
Funeral arrangements - Specific requirements or requests you can designate in a special portion of your legal will.
Guardian - A person who is appointed to look after the interests of a minor (a child under the age of 18), or anyone else who cannot look after their own affairs.
Inheritance Tax - Inheritance tax is a 40% tax applied to the largest estates. Charitable contributions are exempt from inheritance tax.
Legacy - A monetary award, property, possession or gift designated in your will. A legacy can be given to an organization such as a charity or an individual of your choice.
Probate - Probate is the name for the process of establishing legal validity of your will.
Testator - This term applies to the person who makes the will.
Witnesses - Two witnesses are required to sign your legal will. They must witness you and each other sign your legal will. These witnesses cannot be family members.
Content © 2009 Direct Will Writers | Webdesign by Hartlepool Web Design ![]()
![]()
Username:
Password:
![]()


