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 you have to open an estate account when someone dies
Yes, if the deceased has any assets (at least R 1 000) which need to be administered then as per the Administration of Estates Act 66 of 1965, an Estate Late bank account will need to be opened.
What is freedom of testation?
Freedom of testation is a law that allows a testator (or testatrix) to bequeath assets in a will as they please. South Africa observes freedom of testation, so a person can leave his or her assets to whoever they like.
How much does EduCare™ cost?
With EduCare™, from as little as R115pm, you can get up to R3 million worth of cover to look after your child when you are no longer around or become impaired or severely ill. The monthly premiums are subject to certain factors, such as the age of the child, the amount of cover you require for your specific needs, as well as certain parameters which are addressed during the underwriting process. These funds will be dedicated to the education and care needs of your child or grandchildren, and leave you with peace of mind, knowing that you have invested in the education and future of your children.
What is the main difference between an Islamic will and a conventional will?
In a Shari’ah-compliant or Islamic will, the Beneficiaries are determined on the death of the testator rather than being nominated, as in a conventional will, during the lifetime of the testator.
Do you need a lawyer to draft a will?
Your last will and testament is one of the most important documents you will ever sign. It is also a process that involves a range of considerations. While you don’t, by law, need a lawyer to make a will, getting expert guidance can ensure that your final wishes are carried out effectively.There are several professionals who can help draft your will, such as banks, accountants, organisations that specialise in wills. Can you draft your will yourself? Yes, you can, granted that it meets all the legal requirements for a valid will. DIY wills are even available at stationery shops. There are significant benefits to having a professional help you draft your will. Such as Capital Legacy, SA’s #1 wills and estates specialists.Other than the “who”, it’s even more important to focus on the “what” to meet the legal requirements for valid wills. Here, you’ll need an expert to make your will to ensure you check all the boxes.Anyone aged 16 years or older, who is mentally competent, can draft a will.A will must be in writing – either by hand or typed – and the signature of the testator/testatrix must appear on every page. These signatures must be made in the presence of two or more competent witnesses.Witnesses must be aged 14 years or older and may not be listed as one of the beneficiaries. They must sign the will in the presence of the testator/testatrix and of each other. Witnesses only need to sign the last page of the will.Your original signed will must be held in safekeeping, as a copy of a will is not deemed a valid will. With estate planning considerations, the guidance of a professional also offers peace of mind. When you start your estate planning journey, you will ensure your assets are distributed the way you want and that your loved ones are provided for when you pass away.But what exactly does “estate planning considerations” mean? It means making a plan for everything you own, and everything you owe. It also means making sure there’s enough money to pay off debts, estate taxes and other costs that arise upon your passing.Drafting your will is directly linked with your estate planning considerations, but that’s not all it entails. Things such as your marriage contract/s, capital gains tax and any other income taxes must be considered. We understand that this can all seem a bit overwhelming. That’s why we’re here to make this process as simple as possible. At Capital Legacy, we offer a full suite of will and estate administration services, all under one roof.For more information or to arrange your complimentary will consultation, speak to your financial advisor or contact Capital Legacy.
How would the Principle of Survivorship affect me if I have a joint foreign bank account or own a property overseas jointly?
Care should be taken when preparing a will for a South African who jointly owns a foreign bank account or investment account. If one joint owner passes away, the deceased’s share might not pass through their estate and may pass automatically to the surviving joint owner. This is known as the Principle of Survivorship. A caveat though, the Principle of Survivorship operates in the UK, Ireland, Jersey, Guernsey, the Isle of Man, and many other countries, but not in all of them. An example of the principle is that a husband who jointly has a bank account with his brother in the Isle of Man, should not try and make a gift in his will of his share in the bank account to his wife or any other person than his brother. In circumstances where two or more people own a property jointly, the asset is held 100 per cent in all names and this is called joint tenancy. When one of the owners passes away, the percentage holding of the other owner/owners increases. This differs from owning assets in tenancy in common, which has no right of survivorship and may be dealt with in terms of the testator’s last will and testament.
Not to brag, but we're kinda good at what we do.
Don't take our word for it though...