Did you know that when you get divorced you get a 3-month lee-way period in which the law presumes that your spouse has predeceased you if you have not changed your Will (so even if they are mentioned as a beneficiary in your Will, they will not inherit for 3 months after the divorce)
During these trying times, we are looking at ways to assist fellow small businesses because if everyone works together then more will survive! Not just the life-threatening virus but the strain on small businesses as well. We have this Small Business – Pool our resources template to share. I prepared this for our business in […]
*as published in the Saturday Argus on 29 February 2020. PROACTIVE Wills & Estates is a boutique fiduciary company specializing in wills and deceased estates. Owner, Paula Bongers, is a member of FISA. Our aim is to support clients through a difficult period, by taking responsibility for the administration side of the estate. As an added benefit, we provide business owners with advice on business succession plans […]
Those of you with minor children who have your Wills with us will have noticed that we always put in clauses to establish a (Testamentary) Trust to cover minor beneficiaries. This does not cost you anything as it only comes into effect if you pass away and your children are still minors. Note that the […]
School holidays are just around the corner. Will you be travelling? Do you have minor children? Before going on your journey, give yourself the peace of mind and make sure your Will is up to date. It is very easy and convenient with us. We set up an appointment with you at our offices (or […]
The new Budget for 2018 is out and these are the factors that could affect your estate: The good news: Executor’s fees: These remain at 3,5% of total assets (plus VAT if your executor is registered for VAT) VAT is up from 14% to 15%. The good news is that we are not yet registered […]