Glossary of Terms

The language used in Wills is formal and can sometimes be difficult to understand. Below is an explanation of some of the terms used.

Beneficiary – A Person who benefits from a gift in your Will

Bequest/Legacy – A gift in your Will

Codicil – A ‘supplement’ making a change or addition to your existing Will

Estate – Total sum of all your possessions, property and money

Executor/Executrix – A person you ask to make sure the wishes expressed in your Will are carried out. Executors can also be beneficiaries.

Inheritance Tax – The tax levied on your estate if it is more than an amount specified by HM Revenue and Customs. A gift to charity is exempt from inheritance tax.

Pecuniary – A gift of a specified Sum of money

Residuary Legacy – A gift of what is left of your estate (or part of) after all debts, taxes, costs and other bequests. It can be a percentage, fraction or part of an estate.

Reversionary Legacy – A gift of a Will that reverts to another beneficiary (such as a wife, husband or child) when the original beneficiary dies.

Specific Legacy – A gift of a particular item in your Will e.g. a painting, antique, jewellery, etc.

Testator/Testatrix - the person making the Will

Witness – A person present at the signing/authorising of your Will. A witness cannot be a beneficiary. You need two witnesses, both present, when you sign a Will.


Stay in touch

Sign up to receive news about St Rocco's and our events & campaigns

Enter security code:
 Security code

We might also occasionally send this information in the post. You can update your contact preferences at any time by emailing or phoning 01925 575780. We promise to respect your privacy and that the data we gather and hold is managed in accordance with the Data Protection Act 2018. For more information please see our Privacy Notice.

Bottom Swoosh