Wills and Estate Planning

A will or testament is a legal document signed by a person, the Testator, expressing his or her wishes as to how his or her property is to be distributed at death, and names one or more persons (the Executor) to manage their estate until it is wound up at the Master of the High Court. 

It is important to draft your Will in accordance with the formalities prescribed by law in order to be valid, binding and enforceable. If you do not have a valid testament when you die the deceased’s estate will be administered intestate, in accordance with the provisions of the Intestate Succession Act 81 of 1987. To ensure that this does not happen, contact us to assist in drafting a will for you.

Wills and Estate Planning

Your Last Will and Testament will determine how the deceased’s debts are settled, creates a testamentary trust, leave instructions you may have ex. burial or cremation. A Last Will removes any doubts that can arise when there is no evidence of the deceased person’s wishes.

When attending to estate planning, various factors should be considered

liquidity of the
estate

management of any assets

appointment of guardians and trustees

management of business interests

funeral and burial requirements

estate duty
implications

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