by VDT Attorneys | Nov 9, 2015 | Estate Planning, Will
The Wills Act 7 of 1953 requires strict formalities to be complied with for a will to be recognised as the testator`s final will. These formalities include: 1. that the will is signed at the end thereof by the testator; 2. that such signature is made by the testator...
by VDT Attorneys | Oct 13, 2015 | Estate Planning, Family, Will
The short answer is no – If you are not legally adopted and there is no valid will which bequeaths the estate, or part of it, to you, you will not be entitled to inherit. To inherit where there is no valid will – referred to as intestate succession – requires a child...
by VDT Attorneys | Jul 16, 2015 | Estate Planning, Family, Personal, Testation, Will
Firstly, and most importantly, it is vitally important that you do have a valid will, as without a valid will, one leaves the decision as to what must happen to your estate and to your children in the hands of others. To determine whether your current will is valid...
by VDT Attorneys | Nov 21, 2014 | Estate Planning, Will
So what is a digital asset you may ask? Is it something I paid for and which may have resale value? In fact, it’s much simpler than that. Your Gmail and Twitter account are two examples that are regarded as virtual assets in addition to your digital music libraries,...
by VDT Attorneys | Nov 22, 2012 | Estate Planning, Property, Transfer
Important to note is that the window to make use of this tax amnesty is closing with the deadline of 31 December 2012 fast approaching. This begs the question as to whether there is still enough time left to make use of this amnesty before the end of the year and...
by VDT Attorneys | Sep 27, 2012 | Estate Planning, Family, Insurance, Trust, Will
But what will happen if Jeremy passes away before he has the opportunity to change the beneficiary on his life insurance policy? Will the proceeds of Jeremy’s policy be paid to his ex-wife and will his minor daughter, Hannah, be left without any rights to the proceeds...