Thursday, October 2, 2014

Your Will - It's Legal, but is it practical??

Yes, it's important that your Will is legally correct, but it is also important that it is practical to implement.

Some important tips - check if your Will complies:

1. Have you nominated an alternative beneficiary if the person you chose happens to predecease you?
2. If you are leaving cash legacies, do you have the funds to pay these, or will some of your assets have to be sold?
3. Do you have insurance to pay any outstanding bond on your property in full?  In that way, you protect your family's home.  I think this is the most important thing you can do for them.  Contact your Financial Advisor to assist you if you need insurance cover.

We look at the legal aspects, as well as the practicability of implementing your wishes, when we draw up your Will.
Contact us at 021-5511741W and we would be happy to assist you.

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