05 Mar Heir vs Beneficiary of a Will.
A last will and testament is important. Mistakes or misunderstandings can be costly, both emotionally and financially for your heirs. It is important that your will is carefully drafted so as to ensure, as far as possible, that it will not be attacked from some quarter following your death.
A frequently asked question. What is the difference between heir and beneficiaries? The difference of heir vs. beneficiary is a common question amongst those engaged in estate planning. Heir refers to individuals entitled to assets owned by a deceased relative. Beneficiary refers to individuals who receive inheritance gifts through a decedent’s last will and testament.
For more information regarding your will please contact our Auckland lawyers at Quay Law Barrister and Solicitor.
Ph: 09 5232408