Beneficiaries

The interview will ask you if you want to give everything to one person (or a group of persons).

For example, you may simply want to leave everything to your spouse, or your partner, or your children. This means that you would be leaving them your whole estate (sometimes referred to for convenience as your residuary estate).

If there is only going to be one beneficiary, or one group of beneficiaries who will share everything, answer Yes to this question. You’ll be asked for more detail about them later in the interview.

Answer No to this question if you do not want everything to pass as a single bequest (eg if you want to make gifts of specific property, amounts of money, possessions or other assets to particular people). You’ll be asked for details of specific gifts later in the interview.

Remember to consider what the impact will be of the decisions you make regarding how to leave your estate. In most cases, and for simple estates, it is clear that your partner or your children will be the beneficiaries, and the way you divide your assets will not be complicated. But take care, if you are thinking about leaving someone out of your will, to consider whether they would have a claim for reasonable provision from your estate. 

For more information, see our pages on Beneficiaries - who can benefit from your will?