Besides the actual content of your Will, it is important to consider the effect that big decisions about your general finances, investments and property purchases have on your estate. Sometimes decisions are made without all of the facts or without completely understanding the consequences. This is where the advice of an attorney, conveyancer or estate planning and tax expert is vital. There are many attorneys in Port Elizabeth and thousands of attorneys in South Africa, but it is important to select the correct one for this job.
Here are a few problem areas to bear in mind when planning your estate:
Possible problems in respect of your home
In respect of your investments
In respect of your retirement policies and life policies
In respect of your finances generally:
This list is not exhaustive, but merely to illustrate the many factors which must be considered to ensure your estate plan and will are correct. This article is general and should not be used or relied on as legal or other professional advice. We suggest that you always contact an attorney or conveyancer with estate planning and tax knowledge for specific and detailed advice regarding your transaction as it could involve circumstances that are not considered here. Read our article on possible problems with your Will for some more insight: www.pagdens.co.za/estate-planning-wills-25-common-problems.
Each client is unique and all Wills and Estate Plans must be dealt with taking into account the client’s special circumstances. At Pagdens we offer the services of highly trained and qualified Attorneys, Notaries and Conveyancers who will be able to advise you on every aspect, including the tax implications, of your Estate Planning and Will drafting, and any conveyancing transfers or litigation stemming from you estate.
Complete the Online Will Form at www.pagdens.co.za/wills/ or contact 0415027200 to set up a consultation for us to consider your unique circumstances and advise you on the best solution for you.