For example, there may be members of your family who are disabled or who you feel are particularly vulnerable. There may be members of your family from whom you are estranged and who you do not wish to benefit from your estate.

For example, there may be members of your family who are disabled or who you feel are particularly vulnerable. There may be members of your family from whom you are estranged and who you do not wish to benefit from your estate.

Your executors will administer your estate and will normally be the persons who will administer any assets which you wish to be held in trust. Executors must act unanimously and so it is important to choose persons who are compatible. Gullands would be very happy to act as executors on your behalf should you so wish, either alone or together with any family members or other professionals you may nominate. Executors can also be beneficiaries under your Will.

Your executors will administer your estate and will normally be the persons who will administer any assets which you wish to be held in trust. Executors must act unanimously and so it is important to choose persons who are compatible. Gullands would be very happy to act as executors on your behalf should you so wish, either alone or together with any family members or other professionals you may nominate. Executors can also be beneficiaries under your Will.

You can in your Will appoint guardians for any children you may have who are under the age of 18. Your executors can be guardians should you so wish. Guardians are only entitled to claim out of pocket expenses. If you wish them to receive additional funds for acting as guardians, you would need to specify this in your Will.

You can in your Will appoint guardians for any children you may have who are under the age of 18. Your executors can be guardians should you so wish. Guardians are only entitled to claim out of pocket expenses. If you wish them to receive additional funds for acting as guardians, you would need to specify this in your Will.

A pecuniary legacy is a bequest of a cash sum. These will be paid in priority to the gift of your residuary estate and are normally expressed to be free of Inheritance Tax so that any Inheritance Tax payable is borne solely by your residuary estate. You can provide for the amount of an individual legacy payable to be increased by the rate of inflation applicable between the date you sign your Will and the date of your death.

A pecuniary legacy is a bequest of a cash sum. These will be paid in priority to the gift of your residuary estate and are normally expressed to be free of Inheritance Tax so that any Inheritance Tax payable is borne solely by your residuary estate. You can provide for the amount of an individual legacy payable to be increased by the rate of inflation applicable between the date you sign your Will and the date of your death.

You may wish to leave a particular asset in your estate to one or more specified beneficiaries. You may also wish to consider including a clause allowing you to leave a letter of wishes relating to your personal effects rather than listing each item in your Will. The great advantage of a letter of wishes is that you can alter this letter of wishes without having to amend your Will.

You may wish to leave a particular asset in your estate to one or more specified beneficiaries. You may also wish to consider including a clause allowing you to leave a letter of wishes relating to your personal effects rather than listing each item in your Will. The great advantage of a letter of wishes is that you can alter this letter of wishes without having to amend your Will.

This will cover your net estate aside from any pecuniary or specific legacies you may include in your Will. Unless you specify otherwise, any beneficiaries you nominate will inherit at the age of 18. Many clients with children prefer to defer the age of entitlement to 21 or 25. If you are worried about your beneficiaries divorcing or going bankrupt or you have concerns about their ability to manage their inheritance responsibly, it may well be appropriate to leave their share of your residuary estate in trust so that the assets held can be preserved for their benefit so far as possible. It is also normal to provide that the children of your primary beneficiaries should inherit if those primary beneficiaries die before you. You may also wish to include longstop beneficiaries as well.

This will cover your net estate aside from any pecuniary or specific legacies you may include in your Will. Unless you specify otherwise, any beneficiaries you nominate will inherit at the age of 18. Many clients with children prefer to defer the age of entitlement to 21 or 25. If you are worried about your beneficiaries divorcing or going bankrupt or you have concerns about their ability to manage their inheritance responsibly, it may well be appropriate to leave their share of your residuary estate in trust so that the assets held can be preserved for their benefit so far as possible. It is also normal to provide that the children of your primary beneficiaries should inherit if those primary beneficiaries die before you. You may also wish to include longstop beneficiaries as well.

We would normally recommend that you include a clause allowing the trustees of any trust within your Will to advance capital to your intended beneficiaries under the age you have specified. For example, if you have specified that your children (or grandchildren) should only inherit at the age of 25, it may well be appropriate for your trustees to advance funds to them under this age to pay, for instance, for university education. Where trustees are holding funds in trust, we would also recommend that they be given unrestricted discretion as to how best to invest these monies. We would also recommend that you give your executors power to allocate specific assets in your estate to a beneficiary towards his or her entitlement without having to obtain the formal consent of your beneficiaries. In your Will, you can also specify any wishes you may have as to burial or cremation. There may be more detailed wishes that you have relating to, for example, the order of service at your funeral. Normally, we would advise that these detailed wishes are left in a side letter addressed to your executors.

We would normally recommend that you include a clause allowing the trustees of any trust within your Will to advance capital to your intended beneficiaries under the age you have specified. For example, if you have specified that your children (or grandchildren) should only inherit at the age of 25, it may well be appropriate for your trustees to advance funds to them under this age to pay, for instance, for university education. Where trustees are holding funds in trust, we would also recommend that they be given unrestricted discretion as to how best to invest these monies. We would also recommend that you give your executors power to allocate specific assets in your estate to a beneficiary towards his or her entitlement without having to obtain the formal consent of your beneficiaries. In your Will, you can also specify any wishes you may have as to burial or cremation. There may be more detailed wishes that you have relating to, for example, the order of service at your funeral. Normally, we would advise that these detailed wishes are left in a side letter addressed to your executors.