How long does it take to finalise a deceased estate?

How long does it take to finalise a deceased estate?

When a loved one passes away, it’s a difficult and stressful time for those left behind, and administration of the deceased estate can add to the burden – particularly when clients are unaware of how long it may take to finalise the process.

HOW TO CHOOSE A GUARDIAN FOR YOUR CHILDREN

HOW TO CHOOSE A GUARDIAN FOR YOUR CHILDREN

A legal guardian is an adult appointed to look after your child should you and his/her other parent die before the child has reached the age of 18.

To choose the appropriate person is not an easy task. First make a list of the possible candidates and then you and your spouse/partner can discuss the advantages and disadvantages of each candidate. Consider the following:

Who’s parenting style, values and religious beliefs are the closest to yours?
Who is in the best position to accept the responsibility for caring for a child – emotionally, financially (ample provision should be made by either investment or life cover) physically etc
With whom does the child feel comfortable already?
Would your child have to move and would that cause problems?
Does the person you are considering have other children? If so, would your child fit in or be left on his/her own?

7 Myths about making a will

7 Myths about making a will

If you haven’t made your will yet, get it done now.  Why is that so important and how should you go about it?
To answer that let’s debunk a few of the more pervasive myths and misconceptions around those questions

Assist with Wills

Assist with Wills

We also assist client’s with their Wills. People are welcome to contact us. Can anyone be prevented from benefiting from a will?  A person will be prevented from benefiting from a will if they intentionally cause the death of the testator, conceal the will or defraud beneficiaries of their rightful inheritance by forging a will. Also, witnesses to a will and their spouses may not benefit from a will. Must I amend my will after divorce?  If you die within three months of getting divorced and you did not amend your will, your former spouse will be regarded as being predeceased at the date of your death. After three months, it will be assumed that you intended your former spouse to inherit from you. The three-month period starts from the date on the divorce order, so it is advisable to review your will. How can a will be amended? You may amend your will at any time as long as you have the capacity to act. Most often, testators will redraft their entire will to replace any previous will. It is dangerous to make changes to your will by writing on an existing will because there is a risk that the handwritten changes may not comply with the legal requirements. What must I do if a testator cannot sign their name?  The testator may make a mark on the will, which must be certified by a Commissioner of Oaths. The commissioner’s certificate must confirm the testator’s identity and that it is the will of the...
Your will – traps to avoid

Your will – traps to avoid

When drafting one’s will it is important to use unambiguous words. Something that now seems very simple and uncomplicated, may later cause big problems. To illustrate: Imagine a farmer owns, amongst other things, a farm and a house in the nearest town.