Quizzes & Puzzles15 mins ago
Wl
6 Answers
IF A PERSON MAKES A WIIL
HAS NO FAMILY OR CLOSE FRIENDS
WHAT HAPPENS TO THE WILL AT THE END OF THE DAY
HAS NO FAMILY OR CLOSE FRIENDS
WHAT HAPPENS TO THE WILL AT THE END OF THE DAY
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.You've left me confused. If someone makes a will then (obviously) the executors carry out the instructions in that will.
If the will leaves something to a child of the testator, but that child pre-deceases him/her, then the bequest goes to the children of the intended beneficiary.
If the will leaves something to someone else who has pre-deceased the beneficiary (or to a child of the beneficiary who did not have their own children) then the bequest goes to the 'residuary beneficiary' if the will names one. Otherwise that bequest is treated as 'partial intestacy' and distributed according the rules of intestacy. (see below).
If there is no will then the intestacy rules apply to the whole estate:
http:// www.wri ghthass all.co. uk/medi a/artic le/atta chments /Intest acy_flo wchart_ after_1 .10.14_ 5_Aug_1 4.pdf
If the will leaves something to a child of the testator, but that child pre-deceases him/her, then the bequest goes to the children of the intended beneficiary.
If the will leaves something to someone else who has pre-deceased the beneficiary (or to a child of the beneficiary who did not have their own children) then the bequest goes to the 'residuary beneficiary' if the will names one. Otherwise that bequest is treated as 'partial intestacy' and distributed according the rules of intestacy. (see below).
If there is no will then the intestacy rules apply to the whole estate:
http://
If a person makes a will .....
then when he dies you follow what the will says....
but if the will is hidden or stuffed down the sofa then the intestacy rules are followed as tho there isnt a will
The will should nominate executors, and it is bad form to name an executor and not tell the fella. But you could. The executor can then say 'no thanks'.
In carrying out the terms of the will, the family and close friends have no function UNLESS they are named in the will as an executor.
feel free to make a will
oh and if you cant think of who to leave your money to .....my address is......
then when he dies you follow what the will says....
but if the will is hidden or stuffed down the sofa then the intestacy rules are followed as tho there isnt a will
The will should nominate executors, and it is bad form to name an executor and not tell the fella. But you could. The executor can then say 'no thanks'.
In carrying out the terms of the will, the family and close friends have no function UNLESS they are named in the will as an executor.
feel free to make a will
oh and if you cant think of who to leave your money to .....my address is......