It’s not an easy conversation, but death happens to us all.
Life is busy but your will is one of the most important documents you'll ever draft and all we need is an hour of your time.
Your will is important, so is planning for the costs of dying. Here's why:
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Meet Mark.
Mark is one of only 30% of South Africans who got his will in place in order to protect his family if he’s no longer around.
However...
Mark never thought about the fees his executor & trustees will charge, leaving his estate and beneficiaries with much less than he hoped for.
The Solution!
For as little as R 135 per month, our Legacy Protection Plan™
solves this and many other problems, should you pass away.
Don't be like Mark and leave problems when you want to leave a legacy!
Why do your will with Capital Legacy?
Because whichever way you look at it, we have the solution all under one roof
The Will
With access to a specialist consultant, free collection and safe-keeping, and unlimited amendments at no cost, our services provide an easy and stress-free way to secure your will.
Your Beneficiaries
Our services offer the option to create a trust for your loved ones, especially those with disabilities, and provide a personal estate consultant to guide you through the process.
Your Estate
Our services provide the flexibility of choosing any executor, the assurance of established in-house professionals administering the process, and the option of covering costs up to 100% upfront.
Your Trusts
We will take care of all the trusts required by your will to ensure your beneficiaries are protected and get the most of their inheritance.
Did you know…
Capital Legacy was the first to bring out an insurance policy integrated with your will that pays for the fees and costs when you pass away. It's called the Legacy Protection Plan™ and has revolutionised the industry, helping more than 300 000 South Africans since we launched in 2012.
Calculate your cost of dying
No hidden agendas with us... There are costs but NOT for the will itself, rather the executor & trustee fees should you choose to appoint us. We have a solution for these fees but first, let's quickly help you estimate these.
How much is your estate worth?
What is the value of your properties?
Do you have kids younger than 18? *
We recommend our LPP™
to cover your fees and costs of
from only
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Tap here for more information
Why do I need the Legacy Protection Plan™?
This policy is the most cost effective way to provide funding to cover your estate legal costs. It can also prevent massive delays in administering your estate, saving your family trauma and at worst financial ruin.
Affordable premiums for any age, with BIG benefits
Has no cease-age and covers you for your entire life
Includes cash benefits to plug gaps that your other policies cannot
For as little as R 105.87 pm
Integrated benefits
With the Legacy Protection Plan™
Immediate Liquidity™
When you pass away, your family could have limited access to money. Ensure there is money available to cater for things such as funeral expenses, travel arrangements, groceries and other immediate expenses. This benefit pays within 48 hours giving rapid relief to your loved ones.
Estate Overheads Protector™
Estates take time to wrap up and there are costs that can become an additional burden to your family. This benefit is available in cash to the executor of the Estate, to help them pay for the costs relating to the Estate, such as Master's fees, correspondence fees, property clearance and advertising costs.
Estate Gap Cover™
If both you and your spouse should pass away, it can be a financial shock to your beneficiaries. It’s often too expensive to cover the costs associated with both spouses passing away simultaneously. Through this benefit, you can provide for inheritance taxes and other additional legal costs as well as the loss of monthly income.
Frequently asked questions
How do I prove I am the executor of an estate?
You can prove you are the executor of an estate by producing the Letters of Executorship (LoE) or Letters of Authority (LoA) as issued by the office of the Master of the High Court. You can be nominated as an executor in one of two ways:The deceased could nominate you as executor of the estate in their last will and testament.If the deceased did not have a will, or did not nominate an executor in their will, the nominated beneficiaries could nominate you as executor of the estate.
Do I need a will if I have few or no assets?
Even if you do not own property, a vehicle or other large assets, something like your Current Account is considered an asset and will therefore form part of your estate when you pass away. However, a will is more than a legal document that sets out how your assets should be distributed. You can use your will to make your final wishes clear, e.g. whether you want to be buried or cremated, whether you are an organ donor, or to nominate your chosen guardian(s) for your minor child(ren), if applicable. Also remember that your personal and financial circumstances could change over time, so it is a good idea to review your will at least once a year. The bottom line is that everyone aged 16 or older should have a will, no matter how much or how little they own. It is one of the most important documents you will ever put your signature to.
How do I settle an estate after someone dies?
The estate administration process is also known as winding up an estate. After someone passes away, an executor is appointed by the Master of the High Court to finalise the deceased estate. If you have been nominated as executor in someone’s will but you do not have the expertise to finalise the estate, the Master may instruct you to enlist the services of a company or professional who can assist. Then, your options would include renouncing your role as executor or remaining as executor but nominating a company or professional to act on your behalf under Power of Attorney. This is why it is always a good idea to nominate a professional executor in your will, to ensure the speedy and smooth winding up of your deceased estate.
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. It allows the person whose will it is (testator = male, testatrix = female) to distribute their assets as they wish. There are, however, laws that determine how a deceased estate is administered (distributed) when someone passes away without a will (intestate). With a valid will, you can decide and provide guidance on how your estate should be administered. That is why it is one of the most important documents you will ever draft.One of our expert Testamentary Consultants can meet with you to provide guidance and draft a valid 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?
What is EduCare™?
An estate planning product that provides dedicated cover for your children’s education and care should you become impaired, severely ill or pass away. EduCare™ is integrated with your will through a Children’s Trust™. The proceeds will be paid to the Children’s Trust™ for the trustees to allocate according to your children’s needs. This is a whole-of-life product that is fully underwritten upfront. You would pay a single premium with no need to specify each child’s details. This product covers any beneficiary of the Children’s Trust™, including grandchildren. The trustees are bound to follow the product rules to the benefit of the child.Capital Legacy’s unique approach to education protection cover through EduCare™ not only helps cover school fees but also personal care needs, stationery, sporting equipment, food, and transport.You can choose the amount needed to help cover the costs of your children’s education and care (our expert consultants will guide you). If something happens to you, we will pay your EduCare™ benefit into a dedicated Children’s Trust™ for your child. The trustees of the Children’s Trust™ will then allocate funds to help cover your children’s education and care needs based on your plan. (You can nominate a person of your choice to be co-trustee together with a Capital Legacy expert, for peace of mind). All the trust and trustee fees are indemnified, ensuring that the full values go towards your children’s education and care.
How does accelerator payment affect MyCover™?
MyAbility Cover™ forms a part of your total MyCover™ value. If you claim against your MyAbility Cover™ benefit it will automatically reduce your total MyCover™ value by the amount that you have claimed. Once you have claimed against your MyAbility Cover™ benefit, you cannot top up your cover to the original value.
Not to brag, but we're kinda good at what we do.
Don't take our word for it though...