We all get caught up with the high demands of family life and work, so it is easy to forget about taking care of your estate and will. However, this is arguably the most important thing to take care of while you are still alive.
You have probably asked yourself if you need a will, but before we can help you answer that, you need to understand what a will is.
A will is a document drawn up by you to determine where your assets will go in case of death. It has to be signed by you and two witnesses before giving it to your estate executor; which is the person handling your affairs after death, making sure everything runs smoothly.
Let’s say you are a 35-year-old married man or woman, and you own a fully furnished house, a car, a small business, and you have two kids.
If something happens to you and you die without a will, the Master of the High Court will appoint an executor to handle the winding up of your estate. And the appointed executor might give your assets to the wrong beneficiaries.
Getting your will and estate in order is something that can seem overwhelming to many people. The good news is you don’t have to do it alone.
At Van Deventer and Van Deventer Incorporated, we care about our clients and offer assistance in the drawing up and safe keeping of your will, estate planning, and setting up of trusts.
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