Junking the Jargon - Difficult Terms Explained
Administrator: someone who is appointed by law to settle your affairs if you die without a Will
Beneficiary: A person, or organisation, who receives benefit from a Will or trust.
Bequest: A gift of an object or cash
Chattels: Personal belongings like pictures, jewellery, cars and even pets
Codicil: A change to an existing Will, though nowadays it is easier to make another Will
Crown: With no Will and no next of kin, the Crown inherits your estate
Domicile: Usually the country in which you live. However if you or your parents were born outside England and Wales, or you intend to live permanently outside England and Wales you should consider taking legal advice.
Jargon page 2 |