Have you thought about your Estate Plan?

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 61%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

[Promoted] Have you thought about your Estate Plan?

As we have recently entered the new year, you probably have a long to-do list of New Year’s resolutions, including eating better, exercising regularly, more sleep and hopefully less stress.

An Estate can be defined as everything you own – including all your possessions, assets, investments and wealth – and your Estate Plan deals with what you want to happen to your Estate should you pass away. Passing away without a Will is far from ideal as this basically puts the government in charge of managing the execution of your Estate.

From there, you should start to consider the financial aspects of your Estate Plan, including unexpected legal fees and costs at death, Life Insurance to ensure your Estate has enough liquidity, legal structures such as trusts and, of course, tax efficiencies.A Last Will and Testament generally includes:

The tension between family members, who may be expectant, and thus need exact instructions in order to avoid conflict. Your children’s inheritance passing to the Government Guardian’s Fund or appointed Guardian rather than to a trust that will ensure your wishes for them are carried out.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nimrod Nkosi joins 'The Estate' as a sex pest pastor Papa Moses ZwaneNimrod Nkosi joins 'The Estate' as a sex pest pastor Papa Moses Zwane 'The Queen' and 'Generations' actor Nimrod Nkosi plays the role of a pervert named Papa Moses on SABC3's 'The Estate'.
Source: TheSAnews - 🏆 25. / 59 Read more »

Ladysmith roads still submerged in water after heavy rainsMany streets have also been closed with traffic having to be rerouted. This so bad Hectic, my home town. But Ladysmith is just built in the flood basin of the river
Source: eNCA - 🏆 49. / 51 Read more »

Rising star Jansen wants SA to take the fight to India in ODI seriesHaving so many players involved from the victorious Test team will boost team, speedster says
Source: BDliveSA - 🏆 12. / 63 Read more »

Golf championships and lifestyle estates: Limpopo tourism continues to shineThe annual Limpopo Championship, hosted at a prestigious estate, once visited by President Cyril Ramaphosa, is one to attend. ❤🙂💕
Source: TheCitizen_News - 🏆 6. / 75 Read more »

The benefits of offshore versus local securities trading[SPONSORED] 'If you limit yourself to JSE_Group stocks, there are only about 40 or 50 that are highly liquid, whereas if you have an offshore account, the possibilities are endless.' IGSouthAfrica Moneyweb offshoreinvesting finance JSE_Group IGSouthAfrica I just got another payout of R6Ok. can't just believe this, because I have lost so much in Bitcoin investment with several people, took a lot of loan until I was introduced to this great account manager who helped me recovered all my lost. thank you so much 🥰 MichaelWeldon_ JSE_Group IGSouthAfrica May God continue to bless ChristoperMabel never believe it going to workout because I have lost a lot in different places...I know one day they will face the judgment I really appreciate ChristoperMabel
Source: Moneyweb - 🏆 5. / 77 Read more »

Nimrod Nkosi joins 'The Estate' as a sex pest pastor Papa Moses ZwaneNimrod Nkosi joins 'The Estate' as a sex pest pastor Papa Moses Zwane 'The Queen' and 'Generations' actor Nimrod Nkosi plays the role of a pervert named Papa Moses on SABC3's 'The Estate'.
Source: TheSAnews - 🏆 25. / 59 Read more »