When it comes to sorting out a Will, there’s a lot of jargon to make sense of. Our Wills glossary helps you with understanding Will terminology.

Administration: The administration of an estate is the finalisation of someone’s financial affairs after their death. Also known as the winding up of an estate, it involves selling assets, paying all bills, preparing estate accounts and distributing the estate to the beneficiaries.

Administrator: An administrator is the person appointed to deal with the winding…

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Having a Will in place is essential if you want the final say in what happens to your business and other assets after you die. In this article, Wills For Business Owners, we examine how to protect your business.

If you die without making a Will, everything you own, including business and non-business assets, will be distributed under the laws of intestacy. This means that your loved ones will have no say over who inherits and there is a risk…