A beneficiary is someone who receives an inheritance from a Will.
A properly executed change or addition to an existing will
A gift or real property in a will
This is the collective term for everything a deceased person owned. This can include Immovable property such as your home, moveable property such as share transfer property, money in the bank, savings, investments, stocks and shares, vehicles, jewelry and other personal possessions.
The formal will-making process by signature and witnessing
This is the person appointed under the Will to finalise someone’s Estate.
A Will written in the will maker’s own handwriting
Means freehold and flying freehold property (it does not include share transfer property). In Jersey one tends to have a separate Immovable Will.
A Jersey form of forced heirship.
A lifetime gift, such as giving someone the right to live in a property until that person’s death. On the death of the person given the life interest, the asset or capital is distributed according to the Jersey Will.
Moveable property mean such as share transfer property, money in the bank, savings, investments, stocks and shares, vehicles, jewelry and other personal possessions. In Jersey one tends to have a separate movable Jersey Will.
A fixed sum of money expressed as a gift in a Will
Residue of estate
Possessions, property and money remaining after all debts are settled and all gifts are distributed in accordance with the Jersey Will.
Revocation of a Will
The cancelling of a Will by a specified happening such as by making a new Will.
The gift of an identifiable asset such as jewelry or furniture.
The capacity of a person to make a valid Will.
Influence amounting to coercion placed on a Will-maker, which will invalidate a Will.
A legal document expressing the intentions of a person for the distribution of their assets after death.
A person who is present at the signing of a will by the will maker and who will witness the signing of the Will. Jersey law has specific requirements as to whom may be a witness
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