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Will
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I need to make out a will but know that the receivers of any money I will be leaving cannot be Executors (don't know much about law).
Anyway I don't want the receivers to know that they are in my will. What other areas could I explore - thanks. JjCon
Anyway I don't want the receivers to know that they are in my will. What other areas could I explore - thanks. JjCon
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For more on marking an answer as the "Best Answer", please visit our FAQ.Executors can be beneficiaries jj. Its witnesses who cannot benefit. You can name people as executors without telling them and you can ask them to be your executors without telling them that you have left them anything. They don't need to see your will till you are dead. witnesses must sign your will at the same time as you and in the presence of each other but don't have to see the detail of what they are signing.
JJ yup JJ receivers (let us please call them beneficiaries, receivers are completely different) can be executors and at least one should be....
Beneficiaries dont have to be told until your death
Choose your executors well - I am not keen on lawyers as executors as they can charge and charge and charge....
and then go to a lawyer who specialises in wills ( who will say; yes I know, I should be executor ) and pay. Paying for a will is not that expensive (hundreds)
By contrast I have divided my stuff unequally between beneficiaries ( all over 21 ) and said to them basically I dont give a toss if you disagree, this is my money and this is how it is going to go.
Beneficiaries dont have to be told until your death
Choose your executors well - I am not keen on lawyers as executors as they can charge and charge and charge....
and then go to a lawyer who specialises in wills ( who will say; yes I know, I should be executor ) and pay. Paying for a will is not that expensive (hundreds)
By contrast I have divided my stuff unequally between beneficiaries ( all over 21 ) and said to them basically I dont give a toss if you disagree, this is my money and this is how it is going to go.
You can buy Will forms, make it out yourself and get two witnesses to sign it but you need it to be uncomplicated and written out properly so as not to make it invalid or ambiguous enough for your executors to sort out. You can get a book on the subject or even look for Will making firms who will help out, though I would prefer to do it myself...personal choice.
I did have a will drawn up around 1994 by myself of course. I just copied my mother's will and got two colleagues to sign it. If I don't get a new will done now that would be my last will and of course at that time all my siblings were living - now there would be only be my sister and I when other brothers go. Does that make that will invalid.