certified financial planner
Inflation may feel like a distant concern when you’re still earning, but in retirement, it becomes a silent assassin of purchasing power – keeping in mind that even modest inflation erodes the value of your income and savings over time.
The first risk of over-providing is that of entitlement. When children never experience financial difficulty or financial limitations, they may grow to view privilege as a right, rather than a gift.
Surprisingly, drafting a will is often viewed as a stand-alone exercise – and yet a will is not merely a legal formality, it is a cornerstone of estate planning. Responsible drafting requires knowledge of the client’s assets, the jurisdictions in
In financial planning, the pattern is consistent. Those individuals who live within their means, save diligently, and remain invested over decades often end up with more financial security than they ever expected. Their success stems not from sophisticated strategies but
You may appoint co-executors who share the duties—and the executor’s fee. However, having multiple executors can create administrative bottlenecks in that any disagreements amongst the executors must be referred to the Master for resolution.
Fast forward a few decades, and many of those children are now the first in their families to earn a steady income, own property, or meet with a financial planner – their approach to money being shaped as much by
One of the key features of a fee-based model is its transparency, as the cost is usually expressed as a clear percentage of assets under management or a fixed Rand amount, with no hidden commissions, rebates, or third-party incentives.
Professional advice is invaluable in ensuring compliance with South African law, notably around clauses such as the appointment of an executor, guardian nominations, and the establishment of testamentary trusts.
In terms of the doctrine of ademption, specific bequests lapse when the asset no longer exists. This can happen when the testator sells, gives away or otherwise disposes of an item before they die. Unless the will provides for substitution
