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Introduction to wills
Is a will just one more piece of legal jargon to deal with? Well, probably. But, just like having adequate insurance cover, having a will is another part of being in the right financial shape.
Legislation, such as the Matrimonial Property Act and the Property (Relationship) Amendment Bill, exists to provide some protection to married, de-facto and same-sex partners, in the event of a partner dying without leaving a will (or intestate, as it's known in legal circles).
A current will is important, because
It may be useful to have a professional trustee as one of your executors:
Real estate lawyers conveyIT offer information on an update to the relevant legislation.