Wills

As stated by Professor Meyerowitz the uncertainty of life results in the certainty of death. Death indeed comes to all. A skilfully drafted Will that is practical to implement is sovereign to protect the interests of loved ones to prevent undue hardship befalling them.

Stabilitas as an independent trust company specializing in:

  • $The administration of testate as well as intestate deceased estates as executor, irrespective of the value. Minimum fees may apply.
  • $Administration of mortis causa trusts
  • $Appointment of administrator ITO the Mental Healthcare Act
  • $Administration of Curatorships

Additional Advantages of Wills include the following:

  • $Lifelong free safe custody of the original signed Wills
  • $Free amendment of existing Wills
  • $Nomination of own executor or own trustee by virtue of mutual agreement
  • $Addition of a "Living Will" by way of a wish and desire

The following lie beyond the fiduciary duty of an Executor:

  • $Funeral arrangements and personal wishes to next-of-kin. These provisions should be discussed with and brought under the attention of the next-of-kin during your lifetime.

DRAFTING A THOROUGH INDISPUTABLE WILL

When drafting a thorough will these key factors must be considered:

  • $Assets and liabilities
  • $Components of assets and liabilities
  • $Needs of dependents and family for harmony and avoiding hardship
  • $Provisions for minors from previous marriages to prevent estate claims
  • $Special considerations for mentally disabled dependents
  • $Buy-and-sell agreements aligning with Estate Duty Act requirements
  • $Business liquidity for continuity
  • $Claims in terms of lien or surety
  • $Maximizing rebates under the Estate Duty Act
  • $Claims in terms of the Matrimonial Property Act
  • $Claims in terms of the Maintenance of Surviving Spouses Act

PRICE STRUCTURE

Drafting of Wills – R300.00 VAT inclusive

Special Power of Attorney – R350.00 VAT inclusive

DOWNLOADABLE DOCUMENTS

Application form to draft a will
aansoekvorm vir opstel van testament

PROFESSIONAL SKILLS REQUIRED

Drafting a Will requires combining language skills with knowledge of the Wills Act and other laws. A professional should draft the Will, as wording can impact outcomes in unintended ways.

CHARACTERISTICS OF A WELL-DRAFTED WILL

A skilfully drafter Will should:

  • $Be clear and understandable
  • $Avoid ambiguity
  • $Follow a logical order
  • $Be practical to implement
  • $Meet statutory requirements