Fisa chair Ian Brink explains how vague or unclear testamentary instructions when drafting a will, as well as inadequately identified heirs, can delay the finalisation of this important document.
If an executor has to make a decision that will affect their own rights or the rights of people connected to them, this can have serious consequences – Fisa CEO Louis van Vuren.
'Stay away from discriminatory bequests on the basis of classes of heirs, such as gender,’ advises Louis van Vuren, CEO of the Fiduciary Institute of Southern Africa.
Choosing the right matrimonial property regime is as important as choosing the right person to spend the rest of your life with, because both decisions have everlasting consequences.