Will glossary

<p>If you are considering writing a will, then you should have the clear understanding of the main term and their definitions, that are going to be used in the main document.</p> <p>Whether you decide you write your own will using a downloaded internet form, or are hiring professional lawyers, or seeking help from some legal company, the basic terms and their meanings remain the same. Here in this post I’m going to explain the terms and their meanings that are frequently used in wills.</p> <ol><li><b>Testamentary capacity –</b></li> <p>The person writing the will should have a sound mind.</p> <li><b>Testator –</b></li> <p>The male to whom this will belongs.</p> <li><b>Testatrix</b></li> <p>The female to whom this will belongs</p> <li><b>Estate –</b></li> <p>The total value of the possessions.</p> <li><b>Executor –</b></li> <p>The person, persons or company who are going to administer the will.</p> <li><b>Beneficiary –</b></li> <p>The person or persons who are gong to receive a part or all of deceased’s estates.</p> <li><b>Trustee –</b></li> <p>The person or persons charged with administering any trust, that has been set up in the will.</p> <li><b>Probate –</b></li> <p>It is the certified process though which the will has to go before distributing the assets.</p> <li><b>Witness –</b></li> <p>The persons who witness the signing of the will.</p> <li><b>Intestacy –</b></li></ol> <p>To die without leaving a will.</p> <p>There are some general rules for writing a bill: -</p> <ul><li>The will must be signed and dated in the presence of independent witnesses.</li> <li>The will should be stored carefully, from where it can be easily recovered.</li> <li>The person writing the will must have testamentary capacity.</li> <li>Only the original will is administered, copies are not legal.</li> <li>The charges of wills in twickenham including fee of solicitors or law firms can vary.</li></ul> <p>For writing a will, hire professional lawyers in Twickenham by: http://www.srb.co.uk</p>

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