Wills Online - Create your own Will

Confirmation

Personal Details

You are of .
Telephone number:
Email:

You have requested to be Executor(s) of your will.

You wish to leave :

You have asked that be guardians to your minor children.

You have also included the following special instructions :

Special Instructions

Click here to begin again

This may take several minutes, please be patient.

8. Trusts

Trusts are legal instruments whereby a person gives property to another person who holds that property on behalf of a third person. In the estate context you would leave property to a trustee who manages it for a beneficiary. Trusts are useful estate planning tools and are often created in wills. Should you wish to create one or more trusts for estate planning purposes we suggest that you contact our estates department as personal expert advice is a must.

The trusts that are capable of being set up here are relatively simple and are intended to safeguard a minor's or a young person's legacy (the trusts created are not simple but lack the precise planning required should they be intended as estate planning tools). The beneficiary of the trust need not be a minor; a testator or testatrix may leave property in trust until the beneficiary turns 25 or even older, most especially if the bequest is a large one and there is concern that a young beneficiary may not be able to adequately deal with the bequest until more mature.

Where a benificiary is a minor do you wish their portion of your estate to be held in trust for them until such time as they reach a specified age or do you want their share to be paid to their guardians on their behalf?	Pay to Trustees Pay to Guardian
Usually a minor cannot accept their legacy until reaching the age of 21 years. However you can specify that the legacy is to be received on the minor's behalf by their guardian and then it can be given to the beneficiary. Alternatively legacies can be left to trustees who are under a duty to care for them until such time as the beneficiary comes of age. When a legacy is held in trust it can be invested and the proceeds used to provide for a beneficiary which is particularly attractive where the beneficiary is a dependant.
If you chose to Pay to Trustees above, please fill in the information below otherwise click here to continue to the next section.
Duration of trust:	Terminates when beneficiary turns 21 Terminates when beneficiary turns 25

9. Select your Trustee(s):

You can select a senior partner from AUSTEN SMITH, or some other person or a combination of the two.

A Trustee occupies a different office to your executor, although you may choose the same person to be both. Remember that your trustee(s) will manage a portion of your estate so should comprise people with business or financial skill and knowledge.

There is no requirement concerning the number of trustees one should appoint, a combination of a professional partner and a friend who knows your interests and beliefs.

Austen Smith

Enter full name of Trustee:

Other

Please select the number of Trustee(s)

Enter the full name(s) of your Trustee(s)

10. Guardians

Do you wish to nominate a guardian or guardians to look after your minor children?

YES NO

If so, please list the full name(s) of your guardian(s) here :

11. Special Instructions

Please enter any special instructions you may have for your executor(s):

7. Bequests

Name:

Residue Bequest:

Special Bequest:


Total : %
	Residue Bequest:
Residue is the remainder of the estate after special bequests have been made. Obviously the sum of residue bequests cannot exceed 100%.
**Should this beneficiary predecease you do you wish their portion of your estate to go to their children or to be divided between your other beneficiaries?

Where a legacy is left to a person who predeceases (dies before) you then one of two routes may be taken. Either their share may be divided between their family members who replace them by REPRESENTATION or, alternatively, that property which you were going to leave them could be divided amongst the surviving heirs as if the deceased heir had never existed.

6. Children's Names and Beneficiaries

CHILDREN: Please enter the child's full name, ending in their surname and, if possible, their Identity number, or else their date of birth if known.	BENEFICIARIES: Please enter the Beneficiaries' full name, ending in their surname and their Identity number.

5. Children

Do you have children?	YES NO
Click Yes if you wish your children to inherit in terms of your will.	YES NO
If you answered YES to the previous question, please select the number of your children which will be Beneficiaries:
Do you wish your children to be your sole heirs?	YES NO
If you answered NO to the previous question, please select the number of your beneficiaries which you wish to have in your will:

1. Personal Information

Enter Surname:
Enter First Names:
No punctuation, leave spaces between names. Put in order as appears on Identity Document or birth certificate.

2. Contact Details

Telephone
Email
Enter Address (physical residential):
Please enter address at which you usually reside, Domicilium please include city, province, etc.
Gender:	Female Male

3. Executor

You can select a senior partner from the Estates Department at Austen Smith, or some other person or a combination of the two.
Austen Smith Enter full name of Executor:	Other Enter full name of Executor:

4. Marital Status

UNMARRIED
ENGAGED
MARRIED
(in community of property)
MARRIED
(out community of property)

Click next to your marital status. If you are divorced, widowed or otherwise not legally married, then indicate this by unmarried. If you are unmarried but intend marrying soon then please use Engaged.