No Last Will as the New Year kicks in? No way!
Death without a Will creates unnecessary complications for loved ones. Dying without carefully preparing a Last Will and Testament which specifically outlines who should inherit your belongings, causes unnecessary distress at an already difficult time for your family and friends. The absence of a Will also means that the law will decide who gets what, and how much. Jeremy Woods, Manager, Fiduciary Services at GTC’s Johannesburg offices, urges individuals to make preparing a Last Will and Testament one of their New Year’s resolutions for 2018, to avoid any undue stress and confusion. “The Act according to South African law which controls how your assets are transferred is the Intestate Succession Act, 81 of 1987,” says Woods. “If a person dies without a Will in SA, it means that the deceased has died ‘intestate’.” He cautions that if an individual dies... Read More
The ONE Minute Brief – 15 January 2018
The GTC ONE Minute Brief covers the following topics: Economic and Political News Major South Africa Corporate News Major Global Economic News Technical Snapshot Download the full GTC ONE Minute Brief.