TRUST US TO HELP YOU LEAVE A LEGACY
WHAT IS THE LEGACY PROTECTION PLAN™?
Our unique Legacy Protection PlanTM was initially developed to fend-off the high cost of deceased Estate legal expenses. Our signature product has now evolved into the complete solution for deceased Estates. It is ground-breaking in its approach and comprehensive in its offering; soon every Customer will now be seen as a Legacy Protection Plan™ holder.
WHY THE LEGACY PROTECTION PLAN™?
The Legacy Protection PlanTM accompanies your Will to protect you and your loved ones from exorbitant legal fees when you pass away.
With the correct product, you will have NO Executor Fees, NO Testamentary Trust Fees and NO Conveyance Attorney fees.
An Immediate cash benefit will be paid to a beneficiary of your choice within 48 hours.
Both Underwritten (with no medical tests) and Non-underwritten (with waiting periods) options available to suit every client’s needs.
Five plan types, a maximum entry age of 60 and easy to use pricing options with no quote required.
THE 5 SERVICES, PLANS & BENEFITS
LEGACY PROTECTION PLANTM
Legacy services are the Testamentary and Fiduciary services in respect of Wills, Estates and Trusts.
- Last Will & Testament
- Executor Appointments
- Trustee Appointments
- Deceased Estate Administration
- Testamentary Trust Administration
- Other Assets Administration
- Estate Property Transfers
Insure yourself, your family or Parents from the need for immediate liquidity upon death with a seamless extension of cover.
- Principal Immediate Liquidity – Lite
- Principal Immediate Liquidity – Classic
- Principal Immediate Liquidity – Premium
- Family Immediate Liquidity – Lite
- Family Immediate Liquidity – Classic
- Child Immediate Liquidity
- Parent Immediate Liquidity
A world-class Executor-guided Benefit to protect your family from the complex funding problem of short and medium-term Estate overheads such as medical aid, home utilities and school fees. The benefit can pay an initial and/or monthly benefit.
- Estate Overheads Protector – Lite
- Estate Overheads Protector – Classic
- Estate Overheads Protector – Premium
Legacy Protection Plan™
Find out how the Legacy Protection Plan™ can help you leave a lasting legacy for the ones you love. An overview of the Services, Plans and Benefits associated with the Legacy Protection Plan™.
SPEAK TO US ABOUT
YOUR LEGACY PROTECTION PLANTM
Download the Application form below to start the process of having your Last Will & Testament done.
Otherwise please contact us to have one of our Teleconsultants contact you to set up a time and place, convenient to you, to go through the Application Form and help you set up your Last Will & Testament.
WHAT ARE THE COSTS TO CONSIDER AFTER DEATH?
This is the fee charged by the Executor or assisting professional to wind-up your Estate.
A maximum of 3.5% + VAT of your GROSS Estate will be charged.
Example: An Estate worth R3 Million will pay R120 750 in fees
TESTAMENTARY TRUST FEES
This is the fee charged by the Trustees to administer the Trust you create in terms of your Will, normally to look after the money you leave to your minor Children.
On average 1.14% initially charged on the Net assets and 1.6% charged annually.
Example: The total cost with R1.5 Million in assets over 15 years is R367 000
CONVEYANCE ATTORNEY FEES
This is the fee charged by the transferring Attorney when property needs to be inherited.
The Attorney charges according to the tariff as provided for by the S.A. Law Society, effectively a percentage of the value of the property(ies) being conveyed.
Example: A home worth R1 850 000 being transferred to a beneficiary will cost
R16 750 in fees to the Estate
The above fees are based on industry norms and do not reflect Capital Legacy fees.