Addresses in will question.

Rusty190

 I've recently seen a solicitor/paralegal regarding a new will.
All discussed and new draft will has arrived today.
 I'm surprised to see that there are no addresses listed for any of the beneficiaries, even though I supplied a typed, up to date list - it's just a list of names.
Is this satisfactory?
I would have thought it isn't as surely anyone could say "I'm Fred Smith and it was me she wanted to have that share, not my son Fred Smith".?
There's also some information about having to pay a fee (albeit very small) for an electronic I. D. check re:Proceeds of Crime Act 2002.
I don' t quite understand this either given that this firm of Solicitors updated my original Will in 2019 and I didn't have to do this then.
Could it be to do with the fact that under the 2019 will, the Solicitors were the named executors and under the new will they are not? 

Brie

Addresses change so often and you wouldn't want someone contesting something because Fred Smith no longer lives at No 10, The High Street. 

I do think it would be sensible to put at least some descriptor on the beneficiaries, so "my brother Fred Smith and also his son Freddie Smith."   

Rusty190

Fred Smith may no longer live at no.10, The High Street, but there would be a record that he once did as opposed to Fred Smith, who has never lived there, surely?
My previous will, drawn up by the same firm of Solicitors, listed all the addresses. 

Keep_pedalling

Rusty190 said:

Fred Smith may no longer live at no.10, The High Street, but there would be a record that he once did as opposed to Fred Smith, who has never lived there, surely?
My previous will, drawn up by the same firm of Solicitors, listed all the addresses. 

If Fred Smith is your son then there is only going to be one of them. Maybe if Mark Smith was a friend rather than a relative then maybe you have a point. Anyway won’t your executors know who your beneficiaries are?

Lorian

Mine are listed as "Fred Smith born 1972" no addresses

Savvy_Sue

Rusty190 said:

There's also some information about having to pay a fee (albeit very small) for an electronic I. D. check re:Proceeds of Crime Act 2002.
I don' t quite understand this either given that this firm of Solicitors updated my original Will in 2019 and I didn't have to do this then.
Could it be to do with the fact that under the 2019 will, the Solicitors were the named executors and under the new will they are not? 

Unlikely that it's because they're no longer named as executors, more likely KYC or Know Your Customer requirements, which have almost certainly been strengthened since 2019.

I remember having to provide ID on my mother's death to an advisor I was using, despite me having consulted the same advisor a few years earlier on Dad's death. DH came with me for support as my co-executor could not, and DH had to provide ID too - even though he had no formal involvement!

Olinda99

it's your will and you are paying them - tell them to put the addresses in.

Rusty190

Keep_pedalling said:

Rusty190 said:

Fred Smith may no longer live at no.10, The High Street, but there would be a record that he once did as opposed to Fred Smith, who has never lived there, surely?
My previous will, drawn up by the same firm of Solicitors, listed all the addresses. 

If Fred Smith is your son then there is only going to be one of them. Maybe if Mark Smith was a friend rather than a relative then maybe you have a point. Anyway won’t your executors know who your beneficiaries are?

No children, sadly, otherwise I'd (hopefully!) not have this issue.
12 beneficiaries - not all known to executors.
I'll sort it on Monday.

Thank you all. 

Browntoa

You will get a copy 

Attach your own regularly updated address list 

I also attach a list of assets , for example 

Savings with X 
ISA with Y 
Pension provider Z 

Having been an executor it makes life so much easier 

sheramber

Rusty190 said:

Fred Smith may no longer live at no.10, The High Street, but there would be a record that he once did as opposed to Fred Smith, who has never lived there, surely?
My previous will, drawn up by the same firm of Solicitors, listed all the addresses. 

What if another Fred Smith, no connection, moved into 10 High Street ? 

Savvy_Sue

Browntoa said:

You will get a copy 

Attach your own regularly updated address list 

I also attach a list of assets , for example 

Savings with X 
ISA with Y 
Pension provider Z 

Having been an executor it makes life so much easier 

I agree, attaching a regularly updated address list is probably a better option than having addresses in the will, especially if the beneficiaries are young and 'unsettled'.