Rights of Beneficiaries Giving or Receiving Gifts in a Will March 14, 2012
Posted by andersonslawblog in Andersons Solicitors, Estate Planning, Family Trusts, General News, Power of Guardianship, Powers of Attorney, Wills, Wills and Estates.Tags: abatement, ademption, beneficiary rights, beneficiary to a Will, Can I contest a Will, demonstrative legacy, executor duty, executors duties, failed legacy, general legacy, gifting in a will, Greg Welden, laibilities of an estate, legacy can fail, pecuniary legacy, requirements of executor, residuary legacy, rights to assets in a Will, specific legacy, transfer of legacy, Will terminology
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You may find a lot of terminology used in this blog article that you’re not overly familiar with. To assist you, we’ve included a short set of definitions at the end.
So you wish to leave someone a gift in your Will? Or alternatively you have been left something by a loved one or relative in their Will. What are the dangers and risks associated with gifting in a Will?