FREE Will & Testament
Having a Last Will and Testament drafted is an important task made easy with Naas Delport Brokers partner, Capital Legacy.
Last Will and Testament
The results of leaving your loved ones behind without a valid Will can be catastrophic. Your Last Will & Testament is a vital document that ensures the following:
- Your last wishes will be delivered upon
- Your bequests are binding and not dictated to by intestate succession
- Your children’s inheritances avoid the governmental “Guardian Fund” and are preserved in their own trust for their sole benefit
- Inheritances are precluded from subsequent marital contracts
- The appointment of capable, professional and accountable persons to execute your deceased estate and manage the testamentary trust assets thereafter
Having a Last Will and Testament drafted is an important task made easy with Naas Delport Brokers partner, Capital Legacy.
Step 1
Decide to whom you wish to leave your general estate. This could be your spouse, your children, a trust or a family member, or all of the above. For example, “I wish to bequeath my estate to my spouse and children equally.
Step 2
Consider if apart from your general estate, there may be something specific you wish to bequeath to someone or an entity, such as a property, jewellery or cash. For example, “I wish to bequest my property, ERF245 7 Cassa Brook, Galloway Road, Douglasdale, to my spouse.”
Step 3
It is advisable that you create a testamentary trust in terms of your Will to protect the inheritances of children that may be under the age of 18. If this is the case, you must decide the optimum age for the trust to terminate and your child or children allowed full control of their inheritance.
Step 4
Where you have minor children, you should nominate guardian(s) to care for them should you both as the natural guardians pass away. In addition, you will need to nominate the trustees to their testamentary trusts.
Step 5
You need to consider and decide on the following:
Do you wish to be buried or cremated?
Do you have any other last wishes for your remains?
Do you wish to be an organ donor?
Do you wish to have a Living Will?Step 6
You need to appoint an executor or joint executors to wind-up your deceased estate in terms of your Will.
Step 7
The last consideration is the legal expenses borne by your deceased estate. These include:Executor feesTrustee fees, Conveyance fees.
Considering that these fees can run into hundreds of thousands of Rands, you can negotiate such with your nominations in terms of your Will.
In addition, provision should be made to meet the costs of your burial or funeral, as well as the immediate cash shortfall your family may experience shortly after your death.
Let Us Draft Your FREE Will.
Simply contact us on +2711 768 4450 or complete the form below to get your FREE Will drafted.