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Wills And Testaments
When drafting a Will in South Africa, it is vital that it meets all of the requirements set out by the Will Act 7 of 1953 (“The Act”).
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Succession refers to the process that occurs after a person has passed away and their belongings are distributed between their living relatives. This can only occur if you have a valid Will and Testament when you die.
In South Africa, all of your assets and liabilities will be placed in an estate upon death. If you have a valid will, this will determine how your estate will be divided.
Many South African citizens will reach a stage in their lives when they will need to consider spending their golden years in a retirement village.
There are various retirement options available in South Africa, however each elderly person has their own specific needs and preferences when it comes to where they would like to retire.
When couples decide to get married, they are usually not thinking about death and what might happen once one of them sadly passes away. However, in reality choosing a marriage regime is very important for estate planning. Here’s what you need to know when considering the effect your marriage regime might have on estate planning.
If someone leaves a sizeable estate behind, it may cause conflict among the possible heirs. The help of an attorney, when settling an estate after a death, can avoid unnecessary troubles.
Eksekuteurs fooi - hierdie is ‘n onderwerp waaroor al hoe meer besprekings en argumente plaasvind en dit is ook so dat individue meer ingelig raak oor wat die fooie is waarop die Eksekuteur van ‘n boedel geregtig is en hoe die fooie bereken word.
In your will you have the choice to determine what should be done with your assets. You should also appoint an Executor who will distribute your assets and manage the administrative tasks in order to fulfil the stipulations of the will and finalise the administering of your will.
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