When it comes to estate planning, many people overlook the importance of including their pets in their wills. However, as pets are often considered beloved members of the family, it is crucial to ensure their future care is properly addressed in the event of the owner’s death. Including your pets in your will is not […]
Category Archives: Your Estate
The dead are not distant or absent. They are alongside us. When we lose someone to death, we lose their physical image and presence, they slip out of visible form into invisible presence. This alteration of form is the reason we cannot see the dead. But because we cannot see them does not mean that […]
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)
*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 […]
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 […]