Online Will Instructions
Glossary of terms
| Executors: | a person or institution appointed to carry out the terms of their will |
| Beneficiaries: | The beneficiaries are the persons who benefit under the terms of the Will. |
| Guardians: | The guardians are the person/persons nominated to look after your children if you die before they reach the age of 18. A guardian can also be a trustee |
| Trustees: | A Trustee is someone who holds property on trust for another – i.e. a beneficiary (general a child). It is often the case that the Executors named in the Will are also appointed Trustees. It is usual practice to appoint at least two Trustees, when making a Will. |
| Estate: | Your estate effectively consists of all you own. It includes property, bank accounts, money, shares and possessions. All property where real or movable |
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