medical aid
From a legal perspective, the basis of a Living Will is that of ‘informed consent’ which means that the declarant must be fully aware of all the attendant risks involved.
Whether or not you can draw from your investments depends on the type of investment you have in place. Legislation prohibits you from accessing funds held in provident and pension funds until the official retirement age of the fund.
While you are reassessing your life cover, take time to review the beneficiaries that you have nominated on your various policies and investments, including any retirement funds that you have in place.
When choosing a medical aid for your parents, give careful thought to their specific medical condition and their healthcare history, their financial position, the facilities that are close to them, and what cover would be most appropriate for their needs.
A ‘severance benefit’ is essentially the cash payment that your employer pays you as a result of your loss of employment. Our law provides that you are entitled to at least one week’s pay for each year of completed service,
By all accounts, we will be confronted with Covid-19 in South Africa for some time still. Time is of the essence when it comes to budgeting and financial management, and the cost of doing nothing can be great.
In your estate planning file, you can include instructions pertaining to your burial or funeral. This can be in the form of guidance to your loved ones as to whether you wish to be buried or cremated, where you would
As opposed to an investment in property, life rights ownership is an investment in lifestyle, security and peace-of mind, but it is important to understand the legal and financial consequences of buying into such a scheme.
