DO YOU HAVE A DRAFTED WILL?
Have you bought a property?
Have you been living with your partner for some time?
Have you been divorced or widowed recently?
Do a number of people depend on you financially?
If so, then you should have a legally sound will to ensure that there won’t be competing claims on your estate when you die.
Having a will ensures that there will not be a delay in settling your estate after your death and it will protect the interest of your loved ones. The benefits of having a valid will is that it allows you to state who should inherit your assets and that you can be in a position to appoint an executor of your own choice for your estate, who will act accordingly to your wishes.
What happens if you die without a valid will?
Unfortunately, if you die without leaving a will, your assets will be distributed according to the provisions of the Intestate Succession Act. However, the following issues may arise if you die without leaving a will:
1.There could be unhappiness and conflict among family members because there are no clear instructions on how to distribute your assets.
2.An executor who could be appointed, maybe somebody of not your choice and can even take longer to appoint such executor.
3. The sad part is that your assets may not be left to the person of your choice.
Anyone can make a will, however the best wills are usually drafted by professionals with experience in estate planning and especially the administration of estates. That is why it is of paramount importance that you come to Duvenage Attorneys and we will assist you establish your needs and offer professional advice on any problems that may arise before drafting your will. We have the necessary legal knowledge and experience to ensure that your will not only complies with your wishes, but that it is also valid and meets the requirements of law.
If you wish to arrange a meeting with one of our professional team, do not hesitate to get in touch. A bit of foresight, preparation and research is key to ensuring that all your affairs will be dealt with in the best possible way for your loved ones after you are gone.