How do I give jewellery to a group of people for them to divide the pieces among themselves?
Refer to the article on How do I give my jewellery in my Will? on the various ways to key jewellery into our platform e.g. by certain box, set collection.
To give the jewellery that you have added to a group of people for them to divide the pieces among themselves:
- Under the "Allocate asset" section, allocate the asset to your beneficiaries accordingly.
- Toggle on the "Additional instructions" section and key in the following (please fill in the relevant details accordingly):
I leave it to the sole and absolute discretion of the beneficiaries of this asset to collectively decide how to divide it among themselves, ensuring, as far as practicable, that the distribution reflects the proportions set out below.
Note: The above approach relies on the beneficiaries being able to cooperate and reach agreement. In situations where relationships may be strained or disagreements are likely, you may wish to consider giving the Executor(s) the sole and absolute discretion to carry out the division instead.
If you would like to give the discretion to your Executor(s) instead, you can use the following:
I leave it to the sole and absolute discretion of my Executor(s) to divide this asset among its beneficiaries, ensuring, as far as practicable, that the distribution reflects the proportions set out below.
