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Categories
Category Archives: Will
The death of a shareholder: what happens next?
A shareholder can be defined as a person, whether natural or juristic, who owns shares or stock in a company. A person can be a sole proprietor or owner of 100% of the shares, or a part shareholder where for … Continue reading
The importance of having a well-structured Will
And why it needs to be updated every year or at least with every life event that occurs. People often neglect to give proper attention to their Will because it forces them to face their own mortality. Yet this is … Continue reading
Posted in Will
Tagged Intestate Succession Act, Standard Trust, WILL
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Duties of an executor
The tasks outlined in the summary below fall under the duties of the executor who may be a family member, a trusted friend or a financial institution. Please note: this is a basic guide for straightforward cases. Possible complications and … Continue reading
Posted in Will
Tagged Acceptance of Trust, Master of the High Court, The executor
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Need a second chance? Get your will in order today!
Everybody deserves a second chance, the saying goes. With your will, you have unlimited “second chances” to correct any past mistakes or to change your mind. With so many chances, it is mind-boggling and tragic that court records are replete … Continue reading
ESTABLISH WHO THE EXECUTOR OF THE ESTATE IS
If the deceased had a will, they may have nominated an individual or a financial institution to perform the function of the executor of the estate. If no executor is nominated or the nominated executor is unable or refuses to accept … Continue reading
PROPERLY EXECUTING A WILL IS EXTREMELY IMPORTANT
I gave instructions to my attorney to prepare a last will and testament for me as my will no longer reflected my wishes. At my request, my attorney emailed the will to me with clear instructions as to how I … Continue reading
U BOEDEL EN BEGRAFNISKOSTES
Die kostes ten opsigte van ‘n begrafnis of verassing kwalifiseer as geldige eise teen ‘n boedel en behoort dus as ‘n eis teen die boedel genoteer te word. In die verlede was begrafnisondernemers bereid om die diens te verskaf en … Continue reading
Posted in Estate Planning, Trusts, Will
Tagged Begrafnisreëlings, Eise, Familie
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U TESTAMENT – NUTTIGE WENKE
Na ons mening behoort ‘n Testament deur ‘n kundige persoon met die nodige kennis en praktiese ervaring opgestel te word. Verskeie kenners reken dat ‘n persoon eers ‘n paar jaar blootgestel behoort te word aan die werklike en fisiese administrasie … Continue reading
DO YOUR LOVED ONES KNOW WHERE YOUR WILL IS?
This is such an important question to ask, as most people that have drafted a will believe that having drawn up a will is enough. Unfortunately, this is not the case and it is critical that you and your loved … Continue reading
Posted in Will
Tagged Beneficiaries, estate, WILL
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CREATING A WILL: A FEW THINGS TO CONSIDER
Talking about a last will and testament sometimes feels like giving health or dental advice. People listen to your advice and suggestions with the kind of guilty unease of someone who is listening to the dentist talk about the necessity … Continue reading