There are many different parties in a Last Will and Testament, and each has a different role.
Testator or testatrix: A testator or testatrix is the person that the Will is being created for and whose property will be distributed once they are deceased.
Executor or personal representative: An executor, also known as a personal representative, is the person who the testator or testatrix has designated to administer their wishes in terms of how the estate will be divided. Generally, your executor cannot be a minor or someone that has been convicted of a criminal offence. You may have more than one executor, and you should have an alternate executor should anything keep your first choice from carrying out your estate plans.
Beneficiary: A beneficiary is someone who will receive either an aspect of or all of your estate. You may name multiple beneficiaries and divide your assets as you see fit.
Guardian: A guardian is someone who you appoint to take care of your minor or dependent children when you pass away.
Pet caretaker: If you have pets, a pet caretaker is someone who you would name to care for your pet when you pass away.
When considering who should be your executor, guardian, or pet caretaker, ensure that it’s someone who is trustworthy and can handle the weight of managing your affairs after you pass away. Talk to the person you choose beforehand to ensure that they are willing to be a part of your Last Will and Testament.