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    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

     



    *In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement.