A will is possibly the most important document you will ever sign. It must express your wishes clearly and without ambiguity, and must comply with the formalities set out in the Wills Act. A badly drafted will or a will which does not comply with the necessary formalities of the Wills Act can have unintended […]
I hope that you read last week’s article on the importance of having a will. If you missed it, you can find it on our website www.randles.co.za under the Randles News tab and click on the Social Media link, or find it on facebook. Can I make a will? I am sure by now you are […]
Before you begin drawing your will it is important to understand the effect your marital status will have on the administration of your estate. Your marital status, and if you are married the proprietary consequences of your particular marital regime, might dictate which of your assets actually belong to you and can be bequeathed by […]
I am sure that after reading last week’s article you decided on who your beneficiaries would be and began drafting your will, but then got stuck. There are many different ways to benefit your beneficiaries. You may want to leave them a particular item only, or your whole estate. You may want to protect their […]
Last week I consulted with a client whose predicament is a good illustration of the importance of protecting your beneficiaries and assets in your will. I have set out the facts below and have changed the parties’ names for obvious reasons. At the time of drawing their wills Mum and Dad had 3 major children; […]
This is the last article in this series on wills. I promised to discuss minor heirs and the importance of alternative provisions. I would like to set out the requirements for a valid will and mention additional clauses which you might want to include in your will. Hopefully there will be enough space in today’s […]
