3 Practical Steps to Ensure Effective Estate Planning in 2024 and Beyond

Have your Will drafted (or updated) by a professional The first, most essential step in your estate planning journey is to ensure that you have a valid Will in place. In South Africa, a valid Will determines who your beneficiaries will be and how your estate will be distributed when you pass away. Having a […]

What are the Advantages of a Family Trust?

A family trust is an estate-planning instrument that creates a legal relationship between various people. When a trust is established, a person (the founder) or people (the founders) donate money or assets to another person (a trustee) or people (trustees) to hold for the ultimate benefit of a different person (a beneficiary) or people (beneficiaries). […]

What Are the Legal Requirements for a Valid Will in South Africa?

An essential part of an effective estate plan includes having a will drafted by an experienced professional to ensure that it meets all the legal requirements and is valid. The Wills Act 7 of 1953 sets out the specific requirements that a will must meet to be valid in South African law. The requirements for […]

Advantages of Having An Executor Who Is A FPSA®

Appointing the executor of your estate is an extremely important decision because he or she will ‘step into your shoes’ when you pass away and be responsible for the administration of your estate and ensuring that your final wishes are honoured, and your loved ones are taken care of. The administration of a deceased estate […]