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What happens to short-term insurance debit orders after a loved one has passed away? Managing Short-Term Insurance After a Loved One Passes AwayLosing a loved one is an emotionally difficult time, and dealing with financial and legal matters can feel overwhelming. One critical aspect that needs immediate attention is short-term insurance, which covers assets like...
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What is a Redistribution Agreement When Winding Up an Estate? When winding up a deceased estate, the division of assets among heirs can sometimes be complex, especially when the estate includes a mix assets. A redistribution agreement is a legal tool that allows heirs to allocate assets in a manner that suits all parties, ensuring...
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What are the valid deductions that can be made before estate tax is payable? There are various valid deductions before estate tax is payable. The list below is not exhaustive and include the following: his or her medical and funeral expenses the cost of completion of the estate (for example executor and Master’s fees) outstanding...
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How does a person that can’t write or a very ill testator draw up a will? Where a testator is illiterate and cannot sign, or is to ill to do so (he may be unable to write, but able to speak, for example), the law requires that he either sign the will by making a...
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Who Should Draft My Will? Who should draft my will? Very often people draft their own wills, get a free will from the internet or from a big company. There is no such thing as a free will. If your will is drafted by you or someone that does not have the requisite knowledge then...
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Common Questions About Dying Without a Will: What You Need to Know Dying without a will can create uncertainty and unintended consequences for your loved ones. Without a clear plan in place, the Intestate Succession Act dictates how your estate will be distributed, which might not align with your wishes, especially if you have minor...
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Buying or selling a house? One of the most exciting things that you will ever do in your life is to buy a house. If it’s your first house you are going to go through a series of emotions. You’ll be delighted when you find the right house, you’ll negotiate with the estate agent, there’ll be phone...
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Managing Disputes with a Will Dealing with the aftermath of a loved one’s passing is never easy, and disputes over the distribution of their estate can further complicate an already challenging situation. Estate disputes and litigation are not uncommon, but understanding the common issues that may arise and knowing how to resolve conflicts can help...
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What is an Executor? What is an Exectuor? An executor of an estate is an individual appointed to administer the last will and testament of a person who has passed away.What does an executor do?The executor’s main duty is to carry out the instructions in the will and to manage the affairs and wishes of...
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Having a Valid Will The South African law is very strict when it comes to the legal requirements and validity of wills. It is for this reason that you should have your will drafted by an attorney specializing in wills and estates. You do not want to go to the trouble of signing a will...
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