estate planning
Few things are as distressing for grieving families as dealing with an estate where the deceased left no valid will. Without one, your estate will be distributed according to the formula set out in the Intestate Succession Act 81 of
Few areas demonstrate the price of indecision more clearly than debt. High-interest loans left unconsolidated grow relentlessly as interest compounds. What may once have been a manageable problem quickly escalates into a burden that feels insurmountable.
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.
Insurable interest is a legal and contractual requirement that ensures a person taking out life insurance on another individual stands to suffer a genuine financial or emotional loss should that person die – although keep in mind that emotional loss
The cornerstone of any succession plan is a valid and carefully structured Will. Your Will should never be drafted in isolation but must align with your broader estate and financial planning strategy. Factors such as your matrimonial property regime, legal
One key advantage of purchasing a living annuity with your retirement capital is that it is not subject to Regulation 28, allowing for more aggressive investment strategies, including 100% offshore exposure via Rand-denominated feeder funds. Direct offshore investing is not
Many retirees choose to hold on to the family home for sentimental reasons, even after their adult children have established their own households. However, if your long-term plan is to downscale to a more manageable property, it is worth considering
A Living Will, also known as an advance directive, is a document that outlines a person’s wishes regarding medical treatment in situations where they can no longer communicate for themselves. It allows individuals to refuse certain life-sustaining interventions if there
The child’s guardian has the ability to claim funds from the Guardian’s Fund to cover essential expenses such as school and university fees, clothing, medical aid premiums, food, and maintenance costs. However, these claims are capped at R250,000 from the
