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
pm*
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
Elements of a will
A last will and westament generally includes:Who your beneficiaries, heirs and legatees are: your will stipulates who will benefit from your estate and what portion of your estate you bequeath (give) to them.Whether a testamentary trust should be created for your minor children (known as beneficiaries).Who the trustees should be if you do require a trust be set up.Who the guardians of your minor children should be.Who the executor of your estate should be.Your last wishes: such as whether you want to be buried, be an organ donor, etc. As Capital Legacy are the leading will administrators in South Africa and we believe in providing an excellent fiduciary service, with a human touch.
How do I ensure the estate is divided according to Islamic law?
In South Africa, you could use the Capital Legacy Tazkiya™ service to draw up your Islamic will to ensure that it is Shari’ah compliant, legally binding and does not contradict South African law.
What happens if/when parents die without a will?
When both parents (natural guardians) die simultaneously (at the same time) without a will, the Intestate Succession Act No 81 of 1987 comes into force and the assets from both of their estates are monetised and paid into the Guardian’s Fund which will administer the children’s inheritance until the children turn 18, and their inheritances will be distributed per stirpes and by representation. Furthermore, the Master of the High Court will appoint guardians for the minor children. If, however, the children are older than 18, the collective estate of the parents will be distributed to the children per stirpes and by representation.
At what age should you / may you write a will?
You may draft a will at the age of 16.
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.
What are the requirements for a will to be valid?
For a will to be valid in South Africa it has to adhere to the requirements as set out in the Wills Act 7 of 1953. These requirements include that:A person must be over the age of 16 years.The will must be in writing.The will must be signed by the testator/testatrix, on each page and at the end.The signing of the will should be witnessed by two competent independent witnesses, who sign on each page and at the end of the will too. There are, however, many options that are specific to your estate that may be overlooked or legalities that are not taken into consideration if you do not have your will reviewed by a testamentary specialist. These oversights may result in your will being regarded as invalid which could lead to a costly legal exercise to rectify. At Capital Legacy we draft your will at no cost to you, ensure your will meets all the legal requirements to be deemed valid and keep it in safe custody.
Not to brag, but we're kinda good at what we do.
Don't take our word for it though...