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You may ask the Will drafter to delete this clause if you are not happy with it.
It is a standard provision that is frequently included in Wills to give your Executors powers to deal with any aspect of your estate that may have been overlooked in your Will.
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They have discretion to invest the balance/residue of your estate as they deem fit, this gives them flexibility to deal with the residue of your estate as if they were the owners.
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