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What is an independent witness?
An independent witness:Is fourteen (14) years or older;Is mentally capable of providing testimony in court, at the time of signing;Is not specified in the will (for example as Executor, Trustee, Heir, Legatee or Beneficiary); andIs not the ...Why is it important to have a will? What is the purpose of a will?
The principle of freedom of testation is one of the cornerstones of the law of succession in South Africa. This principle allows the testator or testatrix to distribute their assets to whomever they wish. There are, however, laws that determine ...What happens if/when parents die without a will?
When both parents (natural guardians) die simultaneously (at the same time) without a will, the Intestate Succession Act No 81 of 1987 comes into force and the assets from both of their estates are monetised and paid into the Guardian’...Can my child(ren) draw from their inheritance in the Guardian’s Fund?
Applicants may claim maintenance / allowances from the Guardian’s Fund. Please visit the relevant Master of the High Court’s website for detailed information....Do I need a will if I have no assets?
Items such as Current Accounts are considered as assets and therefore form part of your estate. Yet, if you do pass away with no assets then the event of your death is noted as per Section 18(3). However, a ...