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What are the 3 types of testamentary trusts?
In the realm of estate planning in South Africa, testamentary trusts play a crucial role in safeguarding the financial security and well-being of beneficiaries. These trusts are established according to a person’s last will and testament and come ...What are the benefits of a trust?
Trusts are a powerful and versatile way to safeguard your assets and ensure the seamless distribution of wealth according to your wishes. There are different types of trust options available, each with its own benefits. From living trusts that offer ...Who must be covered in a last will and testament?
The importance of having a valid will in place cannot be overstated. A carefully crafted will allows you to secure your family’s future, protect your assets and wishes, and plan for the unexpected. However, understanding who must be covered ...What happens if a person dies without a will in South Africa?
Estate planning is a crucial part of your financial journey, and at the heart of this lies the last will and testament. But what happens if a person dies without a will in South Africa? Without a will – or ...