Frequently Asked Questions
What is an 'Administrator'?
The person, normally the next of kin, who handles the financial affairs of the deceased where a Will has not been made.
What is a 'Protective Property Trust'?
A Will Trust that protects a property should one of the owners die. The half of the property the deceased person owned is passed to a Trust instead of to the surviving partner. This will protect it should the surviving partner remarry or require residential care.
What is a 'Trustee'?
The person/people or organisation that looks after anything in the Trust before passing the assets to the beneficiaries at the appropriate time.
What is a 'Will (Last Will and Testament)'?
Quite simply, a legal document which details a person’s wishes for after they have died.
