Why you must have a will?

There is an old saying that there are only two certainties in lifenamely, death and taxes. “ Failure to Plan is Planning to Fail”

By making a will you ensure that your assets are disposed of in accordance with your wishes after your death. These assets include your Investments, Life Assurance proceeds, Fixed Property/s, Company Shares – we can assist with the asset analysis

This privilege is called “freedom of testation”.

Why should a professional draft your will?

Often a will is not valid because the person who drafts it does not have the necessary legal knowledge to ensure that the requirements of the law are met.

What happens to your estate if you die without a valid will?

If you die without leaving a valid will, your assets will be distributed according to the provisions of the Intestate Succession Act. The provisions of this Act are generally fair and ensure that your possessions are transferred to your spouse and children.
BUT, the following problems may arise if you die without leaving a will:

• Your assets may not be left to the person of your choice.
• It can take a long time to have an executor appointed. The executor who is appointed may be somebody you may not have chosen yourself.
• There can be extra and unnecessary costs.

There can be unhappiness and conflict among members of your family because there are no clear instructions on how to distribute your assets.