The following are some basic terminologies that will be useful to aid your understanding on the scope of Will Writing :
The person appointed by the court to handle the estate of someone who died without a Will or with a Will but no nominated executor.
Written statement by a person, who signs it and swears under oath.
Generally any item of property that has monetary value, such as a house or land, money, shares in a Company, works of art, or a life insurance policy.
A beneficiary is someone who receives benefits from a Will.
To leave to somebody or dispose of as in a Will.
A bequest is a gift, such as cash or property, left in a Will.
A legal notice to a court to prevent a grant of Probate being issued.
A document that changes, revokes, or amends part or all of a validly executed Will. It is filed with the original Will but not attached to it.
The person who has died.
Treat a specific country as a permanent home, reside or be based.
All the possessions of one who has died and are subject to probate (administration supervised by the court) and distribution to heirs and beneficiaries.
A person named by a maker of a will, or nominated by the testator, to carry out the directions of the Will.
The person appointed by the court to control and care for a minor. The person appointed by the court to look after an incapacitated adult may also be known as a guardian.
A situation where a person dies without leaving a valid will.
Any person who is below 21 years old.
The process of proving a Will is valid and thereafter administering the estate of a dead person according to the terms of the Will.
A person who holds property, authority, or a position of trust or responsibility for the benefit of another.
The amount of pressure which one uses to force someone to execute a Will leaving assets in a particular way, to make a direct gift while alive or to sign a contract. The pressure that takes away a person’s free will to make decisions, substituting the will of the influencer.
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