According to research by Canada Life, three in five adults in the UK have not written a will; that equates to 59% of the population – 31 million people who have not written down who should inherit their estate, including property, cars, jewellery, artwork and cash, should they die....
When you draw up a will, part of the process is to appoint an executor or executors who are tasked with the responsibility of managing your estate when you die. In most cases, it is recommended you choose more than one executor. Being asked to be an executor of...
There is a general misconception that an executor of a will can’t be a beneficiary as well. Actually, that’s not the case at all. An executor can also be a beneficiary. However, there are some tasks they are not allowed to do, as well as some restrictions. Let’s look...