Farewill online wills: terms and conditions
View all terms | Farewill Trustees terms
Version number: 2.0
Version date: 1 August 2023
Please read these terms carefully before buying our service, to make sure we’re the right choice for you. If you’re unsure or have any questions about our service, please contact us.
Your document (as defined in the section The words we use in these terms) is for your personal use only and cannot be bought for any third party or for resale. If you buy a document for a third party or resell it, or use the document as a template to make a revised version of the document we won’t be liable for that document.
Contents
- These terms and your document
- How to contact us
- How we’ll contact you
- The words we use in these terms
- Who can buy an online will
- What’s included
- Document review
- Additional services
- What’s not included
- Your responsibilities in ordering and using our service
- Our website
- Appointing Farewill Trustees
- Data protection and privacy
- Our liability
- Price and payment of your will
- Voucher codes and promotions
- How you can cancel
- How we can cancel
- Insurance
- To make a complaint, get in touch with us
These terms and your document
We’re Farewill Ltd., registered in England and Wales at 1st Floor, 27 Downham Road, N1 5AA, UK, under company number 09701947. These legal terms are between you and Farewill Ltd., and the laws of England and Wales apply.
If we cannot resolve a dispute using our complaints procedure then the courts of England and Wales will settle it, and English and Welsh law will apply to the interpretation of these terms and any dispute arising out of or on the basis of these terms.
We may change our terms and service, or stop providing our service, to reflect changes in law or regulation, or to make minor adjustments or improvements. If we do, we’ll let you know using the contact information you give us. And if you spot something that does not look right, please get in touch.
Where you’ve been unable to progress using our online service, our telephone service may be more appropriate. Where you use our telephone service, the telephone wills terms and conditions will apply.
How to contact us
If you need to talk to us about anything to do with your document, including changing your details, please contact us.
Email us at [email protected]
Phone us on 020 8050 2686
Send a letter to 1st Floor, 27 Downham Road, N1 5AA, UK
How we’ll contact you
We’ll contact you in English using email, phone or post to your home address. If any of these contact details change, please let us know as soon as possible.
All our emails are from individuals or the team they’re in, followed by the domain @farewill.com. But please be wary of any spam emails claiming to be from us, and if you’re not sure, contact us using the details above.
The words we use in these terms
When we say “document”, we mean a document that you prepare when using our service, which is capable for use as a will.
When we say “Regulations” we mean the Consumer Protection (Distance Selling) Regulations 2000 and the Provision of Services Regulations 2009.
We’ll use the words “we”, “us” and “our” to refer to Farewill Limited.
When we say “you”, “your”, “I” and “my”, we mean the person that has bought the service.
Who can buy an online will
You need to:
- Be 18 or over
- Be able to independently navigate the online journey to create your document
- Be able to read and understand the documents we send you without assistance
- Require a document capable for use as a will in either England (including Isles of Scilly and Isle of Wight) or Wales
- Be a permanent resident in the United Kingdom
You won’t be able to buy a will from us in some circumstances, which include but are not limited to: agricultural property, business assets, assets you have outside of the United Kingdom requiring specialist advice, or if you have complicated circumstances or require specialised tax advice (including in relation to inheritance tax).
Paying for your document means that you agree to these terms and have read and understood our privacy policy. We accept your order when you pay, and at this point a contract is formed between you and us. Unless we both agree otherwise, our contract will terminate automatically once we’ve provided the service to you. Our service is provided to you when (i) your document is available for download; or (ii) the period of updating your document for free ends, whichever is later.
What’s included
- Access to the online journey so you can write your document
- Access to guidance to help you to write your document
- Guidance and support from our team to help you navigate the online journey and to complete your document
- A review of your document as explained below in the section Document Review
- A document in English that you have written for use as a will in either England (including Isles of Scilly and Isle of Wight) or Wales
- A document capable for use as a will emailed or posted to you with signing instructions and the guidance outlined above
Our service includes a document preparation service. You will be asked a series of questions on the online journey and the answers you give will automatically generate the content of your document. It is really important that you provide correct and accurate information to us, for example about the identity of any parties (for example beneficiaries). It is your responsibility to check the document to ensure it is correct and fully reflects your wishes.
Where we offer free updates to the document, the period of time that you can request updates for free will be shown to you when you pay for the service.
Document review
The document review is not substantive, is not legal advice and should not be relied on as legal advice. We will not be responsible for identifying all errors or for ensuring the document is fit for your own purpose(s).
You prepare your own individual document when using our service. If you are part of a couple and your partner prepares their own document with us, your document will be reviewed individually and not with your partner’s document. If you require a couples will (also known as a mirror will) or if you are part of a couple and wish for your document to be reviewed together with your partner’s document, please use our telephone service.
The document review will check for:
- Typographical errors (except for dates of birth, addresses, place names and/or other text where it would not be reasonable for us to know whether these are correct or incorrect)
- Contradictions
- Whether your stated wishes and instructions are compliant, clear and unambiguous
- Whether your document is sufficiently detailed to allow your executors to distribute your estate to beneficiaries in accordance with your stated wishes and instructions
Where the document review flags that the document needs further information or additional input from you (for example, in the case of a contradiction or typographical error), we will either (i) highlight this to you when the document is available for download; or (ii) contact you directly to clarify or discuss what further information or additional input is required from you. You can then make further amendments to the document and resubmit it to us for document review.
Additional services
From time to time, we may offer additional services (such as printed documents and/or a paid update service). The details and costs of these additional services will be displayed to you when you pay for your document, or at other relevant times in the sales process. If we need to increase the price of additional services (for example, a paid update service), we’ll let you know in advance and you’ll have the right to cancel if you don’t accept the price increase.
What’s not included
- A document capable for use as a will outside of England (including Isles of Scilly and Isle of Wight) and Wales
- Legal advice on writing your document. We are not a law firm and are not registered or regulated by the Solicitors Regulation Authority. There is no lawyer-client relationship between us, and although some of our team are qualified solicitors and as such are regulated, they are in non customer facing positions where their role is limited to the management and training of the wills team
- An assessment or certification by us that our service is right for you. After reading these terms and our guidance, including the online suitability questions, you should satisfy yourself that our service meets your requirements and is satisfactory for your purposes and any legal requirements
- Verification, investigation, advice or checks by us
- that the answers that you give are accurate and true
- that you will be treated as domiciled in one of England (including Isles of Scilly and Isle of Wight) and Wales at the time of your death
- on your identity, those named in your document or those that sign it
- on your testamentary and/or mental capacity or those that sign your document. Please seek written confirmation from a doctor if you believe that your testamentary and/or mental capacity may be challenged
- on whether you are or were subject to any undue influence when using our service or signing your document
- on whether you knew, understood and approved the contents of your document
- on how to mitigate the risk of any actual or potential third party beneficiary claims of whatever kind against your estate
- Specialised tax advice (including in relation to inheritance tax)
- Supervising or checking the signing process/execution of your document
- A couples will (also known as a mirror will); or if you are part of a couple and your partner prepares their own document with us, having your document reviewed together with your partner’s document. If you require a couples will or you wish for your documents to be checked as a couple, please use our telephone service.
- Storage of the signed will
- Any ongoing advice
- Future changes to your will (unless otherwise agreed between us)
Your responsibilities in ordering and using our service
If you require any of the services detailed above in ‘What’s not included in an online will?’ or have complicated circumstances, our online wills service is unlikely to be right for you. We recommend that you get in touch with us to understand if you may be eligible for our telephone wills service. If you are not eligible for our telephone wills service, then you should seek advice from a Solicitor and/or tax specialist. We’re not liable or responsible if you proceed with our service where it is not fit for your own purposes.
You must provide us with accurate and true details about who you are and your estate. You agree not to mislead us or misrepresent who you are. Where you are prompted for your telephone number(s), date of birth, a valid email address and/or valid residential address (which are necessary to complete your document), you’ll need to provide that.
During the course of using our service, you agree that you are the only individual providing information to us and that information is your own.
It is your responsibility to follow the signing instructions available to you and ensure that your document is signed in compliance with the law. You should not make any written alterations to your will after it is signed. If your document is not signed properly, it is likely to be invalid and unenforceable as a will and written alterations may not be effective. We won’t have any liability to you if you don’t sign your document, sign it incorrectly, make written alterations or fail to follow the signing instructions.
Future changes to your circumstances, the law, taxation or regulation may mean that your will could become out of date or obsolete and we cannot guarantee that the document you produce will remain up to date, complete and accurate. It is not our responsibility to notify you of changes in the law, taxation or regulation, or the impact of these changes on your will. You are responsible for future reviews of the terms of your will to ensure it is up to date, complete and accurate and we won’t be liable for this.
Our website
We will do our utmost to ensure that the availability of our website and service will be uninterrupted and transmissions will be error-free. However, due to the nature of the internet, this cannot be guaranteed. Your access may also be occasionally suspended or restricted to allow for updates and maintenance. We will try to limit the frequency and duration of updates and maintenance.
We aim to update our website regularly and may change it and the content on it at any time without letting you know. We do not guarantee that the information on our website is up to date, complete or accurate at any given time.
We grant you a non-transferable, non-exclusive, revocable, limited licence to use and access our website for your own personal, non-commercial use. In using our website you agree not to:
- license, sell, rent, lease, transfer, assign, distribute, host, or otherwise commercially exploit our website, whether in whole or in part, or any content displayed on it
- modify, make derivative works of, disassemble, reverse compile or reverse engineer any part of our website
- access our website in order to build a similar or competitive website, product, or service
- except as permitted in our terms, not copy, reproduce, distribute, republish, download, display, post or transmit our website in any form or by any other means
Excluding any user content (meaning any and all information and content that you submit to, or use with our website), you acknowledge that all the intellectual property rights, including copyrights, patents, trade marks, and trade secrets, in our website and its content are owned by us or our suppliers. Neither these terms or your access to our website transfers to you or any third party any rights, title or interest in or to such intellectual property rights and we reserve all rights not granted in these terms and conditions. There are no implied licences granted under these terms.
Your account
You are responsible for maintaining the confidentiality of your Farewill account and password and for restricting access to your computer, and to the extent permitted by applicable law you agree to accept responsibility for all activities that occur under your account or password. You should take all necessary steps to ensure that your password is kept confidential and secure and should inform us immediately if you have any reason to believe that your password has become known to anyone else, or if the password is being, or is likely to be used in an unauthorised manner. In such a case, we reserve the right to immediately withdraw or suspend access and/or alter your password.
Appointing Farewill Trustees
Where you appoint Farewill Trustees Limited in your will to act as an executor and trustee of your estate, The terms Farewill Trustees Limited: our terms and conditions below, will apply. Please read these terms carefully.
Data protection and privacy
Our registration number with the Information Commissioner’s Office is ZA258663. We collect, store and use your personal information to provide and manage your service. For information on how we do this, see our privacy notice. You can find this online at www.farewill.com/privacy. If you’d like a paper copy of our privacy notice, just let us know.
You may supply information about another person or other people to us when you make your document. You confirm that you have their permission to pass on their details, including any sensitive data to us and that they agree to us holding and processing their information and data. Data provided to us will be processed in accordance with our privacy policy.
Our liability
AS A REMINDER, WE PROVIDE GUIDANCE NOT LEGAL ADVICE, WE ARE NOT A LAW FIRM AND WE ARE NOT REGISTERED OR REGULATED BY THE SOLICITORS REGULATION AUTHORITY. ALTHOUGH SOME OF OUR TEAM ARE REGULATED, THERE IS NO LAWYER-CLIENT RELATIONSHIP BETWEEN US AND YOU.
Nobody apart from you (such as any beneficiary of a will) has any right under the Contracts (Rights of Third Parties) Act 1999 to enforce any part of these terms and conditions. This does not include any other right or remedy that a third party may have under law.
We’re liable or responsible for any foreseeable loss or damage we cause you if we fail to comply with these terms - by breaking this contract or not using reasonable care and skill. Foreseeable means it’s obvious it’ll happen or, if at the time we made the contract, we both knew it might happen.
We’re not liable or responsible for any loss or damage that’s not foreseeable, for any loss or damage (direct or indirect) caused by something beyond our reasonable control, or if something was unavoidable despite us using reasonable care and skill to avoid it. So you won’t be able to claim against us if your losses resulted from circumstances that we couldn’t or shouldn’t have been expected to know about.
This includes but isn’t limited to:
- You gave us information which was inaccurate
- The document is not fit for your own purposes (for example outside of England (including Isles of Scilly and Isle of Wight) and Wales
- You signed your document incorrectly
- You acted fraudulently
- You or a third party altered your document and/or will
- You did not make us aware of any known concerns in connection with your testamentary and/or mental capacity (for example a diagnosis of a medical condition)
- You used our service in breach of these terms (for example accessing someone else’s account, buying a document for a third party or for resale)
- Loss or corruption of data or information caused by any computer virus or technical defect transmitted through email transmission
- Loss or corruption of data caused by third party interference as a result of your use of our website
- Any delays or failure in performance under these terms resulting from acts beyond our control, such as a flood, war, emergency, electricity failure and pandemic
We’re not liable or responsible for verifying, investigating, advising on or checking:
- Your identity
- The identity of those named in your document or those that sign your document
- Your age
- Your testamentary and/or mental capacity or the capacity of those that witness your document
- That the answers that you give us are accurate and true
- That you will be treated as domiciled in one of England (including Isles of Scilly and Isle of Wight), and Wales at the time of your death
- Whether you were subject to undue influence when using our services
- Whether you knew, understood and approved the contents of your document
- How to mitigate the risk of any actual or potential third party beneficiary claims of whatever kind against your estate
- Specialised tax advice (including in relation to inheritance tax)
- That the document you make will remain in line with changes to your circumstances, the law, regulation or taxation
- Future changes to the will (unless otherwise agreed between us)
We do not exclude or limit in any way our liability to you, where it would be unlawful to do so. This includes our liability for death or personal injury caused by our negligence, for fraudulent misrepresentation, or any other liability that cannot be excluded or limited by applicable law.
If we are held liable to you for any loss or damage arising from a breach of these terms and conditions and/or negligence, such liability shall in all cases be limited in aggregate to the payment of an amount not exceeding £1,000 plus the amount you paid for the service, or if you have used a valid voucher code, the amount you would have otherwise paid for the service, including additional services, costs and expenses.
Nothing in these conditions shall affect your statutory rights as a consumer.
Price and payment of your will
The price you pay for your document and any additional services is the price that is communicated to you when you make your order. You may use a voucher code, provided it is valid.
Subject to sections How you can cancel, and How we can cancel, we don’t provide refunds if you decide not to sign your document.
Voucher codes and promotions
We work with several partners, such as charities who through our partnership, enable customers to benefit from a discounted or free service. We may also provide voucher codes to customers directly (for example, to share with friends and family).
If you use a voucher code associated with a partner, we will share some of your personal data with that partner in accordance with our privacy policy and they will become an independent data controller of your personal data. You may also see prompts and/or information during the sales process which relates to the partner associated with the voucher code. We may benefit from a fee if you have been referred to us by a partner. Please ask us if you would like further details.
Voucher codes are non-transferable, non-refundable, cannot be resold or otherwise exchanged for cash, are subject to fair usage and their use may be subject to the partner’s additional terms. A Voucher code does not automatically entitle you to access our service as use of our service always remains subject to these terms. A valid voucher code can be used by inputting the voucher code details during the sales process. The voucher code must be redeemed by you prior to you paying for the service. Only one voucher can be used per sale.
Sometimes we may run promotions for our services, including with our charity partners. We’ll set out the terms of these in any promotional material.
How you can cancel
Your document
As a consumer you have legal rights in relation to your document created using our online service. Advice about your legal rights is available from your local Citizens’ Advice Bureau or Trading Standards office. Nothing in these terms will affect these legal rights.
Usually, under the Regulations, you have the right to cancel any contract made over the internet within the first 14 days of the contract being made.
Prior to you receiving the document for download you have the right to cancel the service without giving any reason.
However, due to the personalised nature of the document and document review the cancellation right no longer applies once you have received the document for download.
If you cancel prior to you receiving the document for download, we will refund the payment you made for the document, as detailed below.
| When you ask to cancel | What we will refund |
|---|---|
| Prior to you receiving the document for download | The full price you paid for the service |
| On or after the day your document is available for download | No refund |
Additional services
Where you have the right to cancel additional services (for example they have not been performed), you can get in touch with us. We will acknowledge receipt of your cancellation as soon as possible.
To cancel please email us at [email protected]
How we can cancel
We reserve the right to withdraw or amend the service for a material reason (something significant that impacts the service). Where we can, we’ll aim to let you know the reasons why in advance.
We may cancel or suspend our service if we believe you’ve:
- broken the terms of this agreement
- put us in a position where we might break the law
- broken the law or attempted to break the law
- given us false or inaccurate information at any time
- been abusive to anyone at Farewill
- told us information which means in our reasonable opinion that our service is not right for you
If we cancel your access to the service, we’ll refund you any money that you’ve paid to us.
There may also be times where our service is delayed or we cannot provide our service to you because of an event outside our control. If that happens, we’ll aim to contact you as soon as possible to let you know and we’ll take reasonable steps to minimise any effects of the delay.
Insurance
We have professional indemnity insurance in place. Please get in touch with us if you’d like further information on our insurance levels.
To make a complaint, get in touch with us
We have a complaints policy which we can share with you on request.
To complain, email us at [email protected]
We’ll let you know as soon as we receive your complaint and outline the next steps. Your complaint will be handled by a dedicated member of our team.
Within 3 working days, they will contact you, introduce themselves and explain what we are doing to resolve your complaint. If we need to look into things further, they will respond to your complaint no longer than 8 weeks from our first acknowledgment of your complaint.
If you need extra help, we may also involve a qualified solicitor from our team. They are regulated by the Solicitors Regulation Authority.
If we can’t resolve things together, you could refer your complaint about that team member to the Legal Ombudsman:
Website: legalombudsman.org.uk
Phone: 0300 555 0333
Minicom: 0300 555 1777
Email: [email protected]
Address: Legal Ombudsman, PO Box 6806, Wolverhampton WV1 9WJ
Before accepting a complaint for investigation, the Legal Ombudsman will check that you have tried to resolve your complaint with us first. If you have, you must take your complaint to them within six months of receiving a final response to your complaint from us, and within one year from the date that:
- you first made your complaint about the act (or failure to act); or
- you should have known about the act (or failure to act) that your complaint is about.
We are required by law to provide you with details of one of the approved alternative dispute resolution schemes. Although we’re not currently signed up to its service you can find details of one of these on the Legal Ombudsman Services website: www.ombudsman-services.org.
Farewill Trustees Limited: our terms and conditions
Version number: 2.0
Version date: 1 August 2023
Contents
- These terms and your document
- How to contact us
- The words we use in this document
- Who can appoint us as an executor and trustee
- What do we need to be able to provide our Executor Services?
- What happens when I die?
- Following our assessment of your estate
- Fees
- Data protection and privacy
- How you can cancel
These terms and your document
We’re Farewill Trustees Limited, registered in England and Wales at 1st Floor, 27 Downham Road, N1 5AA, UK, under company number 11549490. These legal terms are between you and Farewill Trustees Limited and the laws of England and Wales apply.
If we cannot resolve a dispute using our complaints procedure then the courts of England and Wales will settle it and English and Welsh law shall apply to the interpretation of these terms and any dispute arising out of or on the basis of these terms.
How to contact us
If you need to talk to us about anything including changing your details, please contact us.
Email us at [email protected]
Phone us on 020 8050 2686
Send a letter to 1st Floor, 27 Downham Road, N1 5AA, UK
The words we use in this document
We’ll use the words “we”, “us” and “our” to refer to Farewill Trustees Limited.
When we say “you”, “your”, “I” and “my”, we mean the person that has appointed us as executor and trustee in their document.
When we refer to “Executor Services” we mean Farewill Trustees Limited acting as an executor and trustee of your estate; or where Farewill Trustees delegates its responsibilities to another party, that party acting as an executor and trustee of your estate.
Who can appoint us as an executor and trustee
To appoint us as executor and trustee, you need to:
- Be 18 or over
- Be able to independently navigate the online journey to create your document and appoint us as executor and trustee
- Be able to read and understand the documents we send you without assistance
- Require a document capable for use as a will in either England (including Isles of Scilly and Isle of Wight) or Wales
- Be a permanent resident in the United Kingdom
What do we need to be able to provide our Executor Services?
- A copy of all pages of the final signed will
- A copy of your death certificate
- A copy of identity documents of those notifying us of the death
- A copy of identity documents of any co-executors
You should inform your family or next of kin what we need in order to provide our Executor Services and let them know to get in touch with us when you die. They will need to contact us:
Email us at [email protected]
Phone us on 020 3695 1713
Please note that your family or next of kin arranging a funeral with us is not a sufficient notification for us to provide Executor Services.
What happens when I die?
- On your death and when we receive the documents above, we’ll undertake a free initial assessment of your case to determine whether it is necessary for us to provide Executor Services. The initial assessment includes:
- Whether probate is required and it’s appropriate for us to act as executor and trustee
- Review of any disputes in connection with the estate
- The value of the estate and likely taxation of the estate, taking into consideration whether it’s proportionate to have a professional executor and trustee
- Whether there are any children who are likely to benefit from the estate
- Whether the will includes one or more trusts
- If there has been a request for us to step down as executor and trustee and/or there is a suitable alternative person who is willing to act as personal representative and trustee (for example a beneficiary)
- Where our assessment results in us deciding that we’re not the right service, we will step down as executor and trustee and complete any documentation needed to facilitate this at no charge
- Where we can act, we (or another party appointed by us) will provide Executor Services
Following our assessment of your estate
If we step down as executor and trustee as we’ve assessed that your estate does not require a professional executor and trustee and there is an alternative appointment
We’ll complete any documentation needed to facilitate us stepping down as executor and trustee and there will not be any charge to your estate.
If we step down as executor and trustee and your nominated representative opts to use Farewill’s probate service
We’ll complete any documentation needed to facilitate us stepping down as executor and trustee and there will not be any charge to your estate.
However, your estate will be required to pay for Farewill’s probate services. Farewill offers fixed-fee prices for its probate services and the fixed-fee that will be quoted will be based on the complexity of your estate.
If we continue to act as executor and trustee
Where we or a Farewill group company provide Executor Services directly, these Executor Services will be subject to the terms and conditions in place at the time of your death and will include terms and conditions substantially similar to those in the section Where we continue to act as executor and trustee below. Such terms and conditions will be shared with your nominated representative and/or residuary beneficiaries prior to the commencement of any work.
We may subcontract any part or parts of the Executor Services and we may assign, appoint, novate or transfer any part or parts our rights and obligations to another organisation without your consent or any requirement to notify you.
If we continue to act as executor and trustee and we appoint a third party to assist us with the administration of your estate
Where we appoint a third party to provide some or all Executor Services, these will be subject to the terms and conditions of the third party in place at the time of your death.
Fees
If we step down as executor and trustee as we’ve assessed that your estate does not require a professional executor and trustee and there is an alternative appointment
There will be no charge.
If we step down as executor and trustee and your nominated representative opts to use Farewill’s probate services
There will be no charge for us stepping down as executor and trustee.
However, your estate will be required to pay for Farewill’s probate services. Farewill offers fixed-fee prices for its probate services and the fixed-fee that will be quoted will be based on the service selected and the complexity of your estate.
If we continue to act as executor and trustee
Where we or a Farewill group company provide Executor Services directly, these Executor Services will be subject to the fees in place at the time of your death. Such fees will be shared with your other appointed executors (if any) and/or residuary beneficiaries prior to the commencement of any work.
The fees will include:
- Farewill’s fixed-fee price for its complete probate service. This will be quoted based on the complexity of your estate
- A fixed administrative fee for us continuing to act as executor and trustee
By way of a guide you can find details of our current probate service, fees and quoting tool at our website www.farewill.com/apply-for-probate.
If we continue to act as executor and trustee and we appoint a third party to assist us with the administration of your estate
Where we appoint a third party to provide some or all Executor Services, these will be subject to the third party fees in place at the time of your death. Such fees will be shared with your other appointed executors (if any) prior to the commencement of any work.
We will also charge a fixed administrative fee for continuing to act as executor and trustee.
Where we continue to act as executor and trustee
We will usually appoint a Solicitor to perform legal work in connection with the estate.
What you agree we can do
- We reserve the right to appoint a Solicitor of our choice and where appropriate, to appoint such other professionals as required
- Our directors and/or other officers may act on our behalf in carrying out our duties and making any discretionary decisions arising either out of these terms or on the basis of applicable law.
- We may, at our discretion, vest any property of the estate or trust in any person or corporate body as its nominee
Where we’re appointed as co-executor and trustee of your estate
Where we perform Executor Services jointly with another or others, all money, securities, title deeds and documents, belonging or relating to the estate shall be under the control of us or any other executor who needs to undertake verification of applicable documents.
Trading, doing business and holding shares
We will continue a trade or business or hold shares in a company with unlimited liability only with a view to realisation or distribution (unless we see a good reason otherwise) and on the provision that we shall be indemnified against expenses and losses from the estate.
We shall not be under a duty to hold such shares in our own name and Farewill Trustees Limited and any co-executors or co-administrators shall have power without any order of the Court to effect any disposition or transaction relating to any such sole proprietorship or shares which the Court would have had jurisdiction to authorise under s57 of the Trustee Act 1925 (as amended or replaced from time to time).
Insurance
We may put in place insurance cover(s) on behalf of the estate in respect of any risks which we consider may affect the estate assets. The premiums for insurance cover may be charged against estate income or estate capital as we see fit.
Data protection and privacy
Our registration number with the Information Commissioner’s Office is ZA533678. We collect, store and use your personal information to provide and manage your service. For information on how we do this, see our privacy notice. You can find this online at www.farewill.com/privacy. If you’d like a paper copy of our privacy notice, just let us know.
How you can cancel
Prior to your death, you can make a new will to appoint a new executor and trustee.
After your death, if your other appointed executors (if any) and/or residuary beneficiaries don’t want us to act as executor and trustee, they will need to get in touch with us to let us know at [email protected].
If we’ve started to provide our services before stepping down as executor and trustee, then some fees for the services we’ve provided up to the date of stepping down may be payable.