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Which type of will is best if I own fixed property in other countries?
Generally, a foreign will is advisable if you own immovable property abroad. Fixed property will need to be transferred according to the laws of said country so you will need to ensure that all formalities are complied with. Also, some ...What are the 3 types of testamentary trusts?
In estate planning in South Africa, testamentary trusts play a crucial role in safeguarding the financial security and well-being of beneficiaries. These trusts are established according to a person’s last will and testament and come into effect upon ...What are the benefits of a trust?
Trusts are powerful and versatile ways to safeguard your assets and ensure the seamless distribution of wealth according to your wishes. There are different types of trust options available, each with its own benefits. From living trusts that offer the ...Who must be covered in a last will and testament?
The importance of having a valid will cannot be overstated. A carefully drafted will allows you to secure your family’s future, protect your assets and wishes, and plan for the unexpected. However, understanding who must be covered in a ...What happens if a person dies without a will in South Africa?
Estate planning is a crucial part of your personal finance journey, and at the heart of it lies your last will and testament. But what happens if a person dies without a will in South Africa? Without a will – ...