Roles of people in a will: 5 things to know

1.Testator is the one that writes the will.

2.Executor is the individual appointed to administer the (*5*) and perform the needs of the testator.

3.Guardian is the individual appointed to take custody and welfare of the assets of minor youngsters.

4.Beneficiaries or heirs are individuals named in the need to obtain property.

5.Witness is the people who witness and make sure the signing of the need by the testator.


Content on this web page is courtesy Centre for Investment Education and Learning (CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.

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