Yes they can. In fact many people choose close friends or relatives to be their
executors, so it is only natural that they will also be beneficiaries too.
Your executors can receive any amount in your will, just like any other person.
So, that could be a specific gift, property, a substantial share or even the
whole lot – there are no restrictions on what you can leave them.
The only rule you need to concern yourself with is that a beneficiary can’t be
one of your witnesses.
Whilst most of your assets and possessions can be left to anyone you choose,
there are a number of things which fall outside the scope of your will and will
be disregarded, no matter what you request.
Items which can’t be included:
* Joint bank accounts – any funds in these accounts will automatically go to
the surviving account holder.
* Any property held as a joint tenancy – your half of the property will
automatically go to the surviving joint tenant. See our ‘Your home and your
If you die without leaving a will, then the state decides how your estate
(money, property, personal processions etc.) is distributed, using the intestacy
rules. These rules are thought by many to be old fashioned and may not reflect
what you would have wanted to happen. Key people such as your partner could be
excluded under the intestacy rules.
The rules used can be complicated, but here are some of the highlights:
* Currently if you are married or in a civil partnership, yo
If circumstances have changed or the will is worded poorly then gifts may not
come into effect in the way you want. It’s vital your will is written clearly
There are two main reasons a gift might fail:
Circumstances have changed
Examples of changes in circumstances that can cause a gift to fail include:
* The Testator no longer owns the item or property matching the description in
* The Beneficiary dies before the person who made the will.
* A charity mentioned
You might have already approached the people you’re going to appoint as
guardians and executors in your will for their permission to do so, but let’s
face it, a lot can change between now and when your will’s going to be needed.
This could include these key people changing their mind, not being around
anymore or not being physically able to carry out their responsibilities.
How you can minimise the risk of this happening
We’d always recommend you appoint substitutes for the key appointments in
Free wills month is upon us and if you happen to be 55 or over this provides you
with the chance to create your will completely free of charge. If you have ever
considered making a will and have been baffled by the terminology this guide
will provide a fast reference for common rules and terminology in plain English.
1.What Makes A Will Valid?
It must be made by a person who is of sound mind who is over 18, voluntarily and
without pressure. It must be signed by 2 witnesses that are not benefic Read More »
You may have seen notices or advertisements promoting Free Wills Month. If you
are not sure what it is all about then this article will help you to understand
what the Free Wills Month program is all about and learn about its benefits.
Free Wills Month takes place in March and October each year and offers you the
chance to prepare your will free of charge. The offer applies to those 55 years
of age and older and may be used to create your first will or to create a whole
new will even if you ha Read More »
You may already know that the month of October is Free Will Writing Month. This
is a great opportunity for those that haven't already prepared this vital
document to do so without charge.
For the entire month of October those aged 55 and over can write a will and
leave their estate, assets, and valuables to their loved ones. Appoint an
executor, name beneficiaries and make sure your legacy goes to the right people.
There are several places where you can write your will for free during the mont Read More »
When creating a will to document the division of an estate or assets, the
tendency can be to look for a will writing service that is located close by.
Historically the large majority of people have visited their town center or
high street and prepared their will with a local solicitor.
In fact, the term ‘will writing services near me’ scores very high for the
number of searches in Google’s engine.
This demonstrates that for those looking to write their will there is a common
thread of seekin Read More »
You have until June 4th to write your Will
register it for free with The National Will Register
[https://www.nationalwillregister.co.uk/aboutwillregistration.aspx] using code
The National Will Register is a trusted partner of the Law Society of England
and Wales. The register is used by individuals, families, organizations,
government agencies and law firms to register their will. There are over 8
mi Read More »