Why an estate plan is crucial

We’ve all seen it in movies and novels: A young unsuspecting person wakes up one day to find out that they had been left an extraordinarily large estate from a distant relative that they hardly knew existed. We chalk it up to an absurdity. Something like that would never happen in real life, would it? […]

Should I draft a will?

A mother who has always wanted her daughter to inherit her diamond engagement ring may never get her wish if she dies without leaving a valid written will. The mother’s estate would then be distributed in terms of the Intestate Succession Act No. 81 of 1987.  Taking the time to draft a will can leave […]

Your will: An important document

Life is unpredictable, therefore we advise our clients to lose no time in drawing up their will and planning their estate. Below are important reasons why this should be one of your top priorities. Q:  Why should I have a will? A:  A will enables you to name your heirs. Should you die without a […]

Appointment of the Executor of my Will

This is a subject which causes more and more discussion and people become more knowledgeable about Executor’s fees and how it is calculated. As mentioned in previous articles, the maximum Executor’s fee is fixed by law. The current maximum permissible Executor’s fee is 3.5% of the gross estate value plus 14% VAT (should the Executor […]