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Why is it important to have a will? What is the purpose of a will?
The principle of freedom of testation is one of the cornerstones of the law of succession in South Africa. This principle allows the testator or testatrix to distribute their assets to whomever they wish. There are, however, laws that determine how a deceased estate is administered (distributed) when someone dies intestate, which is without a will. When you have a valid will, you provide guidance on how your estate should be administered. One of our consultants can meet with you to provide guidance and draft your will at no cost. Questions related to this question:
What happens to the part of my estate that my children stand to inherit, if I have no will?
What happens if parents die without a will?
Who inherits if I have no will?