The importance of an objective and experienced executor
The nomination of an executor is an important aspect of a Last Will and Testament. An executor is nominated in a Last Will and Testament and, upon death, he or she administers and distributes the estate in accordance with the testamentary wishes of the deceased. Importantly, although a person can nominate an executor, the executor is appointed by the Master of the High Court through the issuing of Letters of Executorship. The executor is responsible for, amongst other […]
Effects Corona Virus will have on business operations and personal affairs
COVID-19 may, undoubtedly, have the largest impact on the global economy which we have ever witnessed. It has most certainly had an unprecedented impact on local business and the personal affairs of all South Africans. This is, however, not the time to shy away from the challenges which lie ahead. Businesses and individuals need to […]
Inter Vivos Trusts en Testamentêre Trusts
Daar bestaan heelwat onkunde oor die gebruik van trusts tydens erflatings. Hierdie artikel poog om lig op hierdie belangrike kwessie te werp. ’n Inter vivos trust, staan ook bekend as ’n lewende of familietrust omdat dit gedurende jou leeftyd opgerig word. ’n Trust is ’n ideale langtermynstruktuur om bates van geslag tot geslag te beskerm […]
What happens if I die without a will?
Attorneys often emphasise the fact that you should have a will drawn up and revise it regularly in order to facilitate the administration of your possessions after your death. Many people still neglect to do this. The problem is that, should a person die without leaving a valid will, in other words intestate, his/her estate […]
What happens if I die without a will?
Attorneys often emphasise the fact that you should have a will drawn up and revise it regularly in order to facilitate the administration of your possessions after your death. Many people still neglect to do this. The problem is that, should a person die without leaving a valid will, in other words intestate, his/her estate […]
Should I draft a will?
A mother who has always wanted her daughter to inherit her diamond engagement ring may never get her wish granted 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. Know where you want your possessions to go […]
Should I draft a will?
A mother who has always wanted her daughter to inherit her diamond engagement ring may never get her wish granted 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. Know where you want your possessions to go […]
Do it NOW, for LATER
Imagine being able to control the future, just by signing a few documents with your attorney now? Get it done sooner, because the dreaded future could come tomorrow. Drafting a Will is a carefully thought out process, because it is your last wish. By doing it now, you can take your time, and make changes […]
Do it NOW, for LATER
Imagine being able to control the future, just by signing a few documents with your attorney now? Get it done sooner, because the dreaded future could come tomorrow. Drafting a Will is a carefully thought out process, because it is your last wish. By doing it now, you can take your time, and make changes […]
What are mutual wills?
The most general mutual will is that of a married couple. This does not mean, however, that the estates are joined and that the Testator and Testatrix have to make a joint decision about the distribution of their estates. Each party may still make independent decisions about the distribution of his/her estate within one will. […]