Nobody enjoys doing paperwork, but sorting out the admin for your estate before you die is an important duty.
Just a few decades ago, a will, a vitally important document that contains one’s final wishes for the distribution of assets and the care of loved ones after death, was not part of black South Africans’ culture. Customary law provided for male primogeniture, where the oldest son inherited to the exclusion of younger siblings and female relatives. This was declared unconstitutional by legislation and now the property of all South Africans who die without a will passes by the Law of Intestate Succession.
When former president Nelson Mandela died, his exwife, Winnie Madikizela-Mandela, went to court to try to claim ownership of his Qunu home, claiming the property had been obtained while they were married and belonged to her in terms of AbaThembu custom. However, in his last will and testament, Mandela left the Qunu property to all members of the Mandela family as a place to unify them. The Mthatha High Court dismissed Madikizela-Mandela’s application with costs. She was not named in the will.
“A will provides clear instructions and direction as to how assets that took a lifetime to accumulate – having both financial and sentimental value – need to be distributed. It is in your own and your family’s best interests to make sure that you have a valid will in place,” says Alexander Forbes Fiduciary Services Manager Christel Botha.
Esta historia es de la edición March 2017 de Skyways.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición March 2017 de Skyways.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Fit For Purpose
Changing legislation offers a range of opportunities in the health sector
Good For Grinches
Finally! A holiday season Scrooge himself can invest in
A Paradise In The Wilderness
Visitors find freedom at Treedom on the Garden Route
Do It For The Kids
Parenting styles play an important role in helping children develop through the pandemic and beyond
Trekking With Teens
Travelling with adolescents comes with a unique set of challenges
Know Your Mind
Our brain uses shortcuts to think quickly but, sometimes, these mental timesavers let us down. Dr Pragya Agarwal discusses the science of cognitive biases, and why it’s more important than ever to understand how they hold sway over our views
Infected With The Travel Bug Again
As tourism-related establishments up their game to ensure visitor health and safety, it’s possible to feel positive about travelling again
Star attraction
Greater Kruger lodge makes a spectacular first impression
Palala position
The effect of the past on the present is positively felt in a luxury Waterberg lodge
Can the spam!
Irrelevant advertising will almost certainly turn consumers against your product