By drawing up your last will and testament, you guarantee that your assets are dealt with and distributed in accordance with your wishes after you pass away.
Even though a will can be a simple one-page document, it can be complexing if you have many assets. An attorney can counsel and advise you on problems that may arise with regards to your will. At Van Deventer and Van Deventer Incorporated, our attorneys have the necessary legal knowledge to make sure that requirements of the law are adhered to.
If you pass away without a will, your assets will be distributed according to the stipulations of the Intestate Succession Act. This Act ensures that your possessions are reassigned to your spouse and/or children.
While the rules of the Intestate Succession Act are generally regarded as fair, many issues might occur if you pass away without a will. These issues include:
At Van Deventer and Van Deventer Incorporated, our attorneys offer expertise in the following areas of the law:
Contact Van Deventer and Van Deventer Incorporated today for assistance with your last will and testament, from attorneys who will treat your loved ones with dignity during their time of emotional trauma.
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Although the administration of a deceased estate involves the distribution of benefits to legatees and beneficiaries, the law also requires that applicable taxes and deductions be made before any distribution can be made.
It is important that deductions and taxes are taken into consideration during estate planning and when a will is drawn as this is a complex process especially when the concerned has died.
Read More ...Posted by Cor van Deventer on Thursday, November 5, 2020 Views: 219