Beneficiary of a Will rights

What is a beneficiary? A beneficiary is a person that is entitled to an inheritance from the estate of someone who has passed away. Being a beneficiary means that you have been named in the Will by the testator and will either receive a specified asset, a specified cash amount or a share of the estate. Alternatively, if the deceased left no Will, the heirs of the estate are identified by a set of laws called the Rules of Intestacy and will receive a share of the estate. How do you know if you are named in a will? Whilst … Continue reading Beneficiary of a Will rights