It’s not an easy conversation, but death happens to us all.
Life is busy but your will is one of the most important documents you'll ever draft and all we need is an hour of your time.
Your will is important, so is planning for the costs of dying. Here's why:
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Meet Mark.
Mark is one of only 30% of South Africans who got his will in place in order to protect his family if he’s no longer around.
However...
Mark never thought about the fees his executor & trustees will charge, leaving his estate and beneficiaries with much less than he hoped for.
The Solution!
For as little as R 135 per month, our Legacy Protection Plan™
solves this and many other problems, should you pass away.
Don't be like Mark and leave problems when you want to leave a legacy!
Why do your will with Capital Legacy?
Because whichever way you look at it, we have the solution all under one roof
The Will
With access to a specialist consultant, free collection and safe-keeping, and unlimited amendments at no cost, our services provide an easy and stress-free way to secure your will.
Your Beneficiaries
Our services offer the option to create a trust for your loved ones, especially those with disabilities, and provide a personal estate consultant to guide you through the process.
Your Estate
Our services provide the flexibility of choosing any executor, the assurance of established in-house professionals administering the process, and the option of covering costs up to 100% upfront.
Your Trusts
We will take care of all the trusts required by your will to ensure your beneficiaries are protected and get the most of their inheritance.
Did you know…
Capital Legacy was the first to bring out an insurance policy integrated with your will that pays for the fees and costs when you pass away. It's called the Legacy Protection Plan™ and has revolutionised the industry, helping more than 300 000 South Africans since we launched in 2012.
Calculate your cost of dying
No hidden agendas with us... There are costs but NOT for the will itself, rather the executor & trustee fees should you choose to appoint us. We have a solution for these fees but first, let's quickly help you estimate these.
How much is your estate worth?
What is the value of your properties?
Do you have kids younger than 18? *
We recommend our LPP™
to cover your fees and costs of
from only
pm*
Tap here for more information
Why do I need the Legacy Protection Plan™?
This policy is the most cost effective way to provide funding to cover your estate legal costs. It can also prevent massive delays in administering your estate, saving your family trauma and at worst financial ruin.
Affordable premiums for any age, with BIG benefits
Has no cease-age and covers you for your entire life
Includes cash benefits to plug gaps that your other policies cannot
For as little as R 105.87 pm
Integrated benefits
With the Legacy Protection Plan™
Immediate Liquidity™
When you pass away, your family could have limited access to money. Ensure there is money available to cater for things such as funeral expenses, travel arrangements, groceries and other immediate expenses. This benefit pays within 48 hours giving rapid relief to your loved ones.
Estate Overheads Protector™
Estates take time to wrap up and there are costs that can become an additional burden to your family. This benefit is available in cash to the executor of the Estate, to help them pay for the costs relating to the Estate, such as Master's fees, correspondence fees, property clearance and advertising costs.
Estate Gap Cover™
If both you and your spouse should pass away, it can be a financial shock to your beneficiaries. It’s often too expensive to cover the costs associated with both spouses passing away simultaneously. Through this benefit, you can provide for inheritance taxes and other additional legal costs as well as the loss of monthly income.
Frequently asked questions
Do I need to go for blood tests for MyCover™?
For R10 million cover or less, you do not need to go for a blood test and we only require non-invasive underwriting. For cover greater than R10 million, you will be required to go for a blood test.
How do I ensure the estate is divided according to Islamic law?
In South Africa, you could use the Capital Legacy Tazkiya™ service to draw up your Islamic will to ensure that it is Shari’ah compliant, legally binding and does not contradict South African law.
How do I claim from a deceased estate?
A claim against a deceased estate refers to a creditor laying a claim for outstanding debt against the deceased estate. According to South African regulation a creditor has two opportunities to lodge their claim. The executor will place ads in the Government Gazette and the local newspaper of the deceased’s residential address. These ads are placed at the date of death and when the L&D is ready for inspection (by anyone) in the Master of the High Court’s office. The L&D will be available for inspection for 21 days.
Is it compulsory for Muslims to draw up a will?
Yes, it is compulsory. Islamic law is currently not recognised in South Africa and if there is no Islamic will, or any will for that matter, the Intestate Succession Act would govern the administration of the estate. The Prophet Mohammed, may peace be upon him, stated that it is unlawful for a Muslim to let three nights go by without drafting a will. This underscores the importance of a will in the Islamic faith. If you live in a country that does not recognise Islamic inheritance law, then the aforementioned hadith would be even more relevant to you.
Do I need a will if I have beneficiaries?
Yes. If your beneficiaries are not your bloodline heirs or descendants or may claim from your estate based on the Maintenance of Surviving Spouses Act, Intestate Succession Act and/or the Children’s Act, they will not be considered when your estate is distributed, if you have no will. Therefore, if you wish to bequeath anything to a friend or someone else you will need to specify this in your will.
Can a last will and testament expire?
No, wills are perpetual by nature, which means once the testator proofs and validates his will, it will never terminate. A will can never actually “expire,” and there is no restriction that limits the time during which a will is still valid. The only way a last will and testament becomes invalidated is when the testator revokes all previous wills, in their current will. There are also additional restrictions on the time during which the executor of the will can initiate probate. Even though your will may still be valid, it is important to remember that your will may no longer be suitable for your needs. Your circumstances may have changed significantly since you prepared the will. For example, you may have since got married, or divorced, one of your beneficiaries may have passed away or you may have acquired substantial assets not covered by your will.
Not to brag, but we're kinda good at what we do.
Don't take our word for it though...