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The Complementary Role of Wills and Family Trusts in South Africa
A will serves other essential purposes beyond asset distribution. In South Africa, it can include vital instructions on handling one's remains and burial preferences. This is particularly crucial for those who wish to express their desires regarding funeral arrangements, memorial services, or even the choice of burial location.
Fortune Funnels: Kickstart 2024 with Estate Planning – Because Leaving a Legacy is the Classiest Resolution
Estate planning is a crucial step in securing your legacy and ensuring your wishes are honored. It provides peace of mind by safeguarding your assets, minimizing tax implications, facilitating a smooth transition of wealth to your loved ones.
Stumbling Blocks of Inheritance: When an Intestate Heir Blocks the Sale of Property
If mediation and negotiation fail to yield a resolution, the interested parties can resort to legal recourse by applying to the court. The court can be approached to request an order granting permission for the sale of the property, even without the consent of all heirs.