You are here: >> Home >> beneficiaries

beneficiaries

Home made will – a good idea?

A home made will is one prepared by the willmaker themselves, perhaps using a “will kit” and without without the services of a lawyer and the benefit of individual legal advice. This may seem an economical and convenient approach to will-making.  While a lawyer’s costs are avoided at this step, there is the  potential is …

Home made will – a good idea? Read More »

“Gift over” in a will to a substitute beneficiary

gift over, substitute beneficiary, making a will, gifts in a will, wills, deceased estate, will making, beneficiary dies,
An outline of a how a gift over works in a will. A gift over in a will is when the person designated to receive it has died, the gift then passes over to a substitute person, if so named to take.The substitute beneficiary only inherits if the main beneficiary has already died, not survived the deceased or died before attaining a vested interest.

Read more >>

Nieces and nephews – leaving them an inheritance by your will

 

Nieces and nephews in wills, nieces and nephews, whole blood, half blood, ancestors, common ancestor Who our ‘nieces and nephews’ are, if we have them, may seem so obvious as to not need mentioning, after all it is all in the family and identifying them should not be a problem.

 

Leaving a gift to be divided among “nieces and nephews” by will then, should be a simple matter. Not always, as circumstances and relationships may change from the time a will is made to the date of death.

Read more >>