by Mfanelo Siwela | Mar 20, 2017 | estate planning
This video discusses some of the more important funeral expenses and how one can provide for funeral expenses, including funeral cover, a savings fund and funeral schemes and burial societies. The conclusion is that it is responsible to provide for funeral expenses...
by Mfanelo Siwela | Mar 20, 2017 | estate planning
The following factors are key elements in having a success estate plan: Durable Power of Attorney The durable power of attorney is the most important estate planning instrument – even more important than a will. A power of attorney allows you to appoint another person...
by Mfanelo Siwela | Mar 20, 2017 | estate planning
When you die you may still have funds available in your retirement annuity and/or medical aid. Retirement Annuity (RA) Upon your death your RA does not form a part of your estate, but instead the funds are entrusted to trustees or the executor, who distribute the...
by Mfanelo Siwela | Mar 20, 2017 | estate planning
During the process of planning your estate you will encounter the following terms: Last will and testament A carefully structured and written Last Will and Testament can meet many of the estate planner’s goals – including reducing estate duty liability, providing for...