IT'S SIMPLE
We take a family first approach
The Wills and Estates Company commenced business in 2015, bringing together well-experienced admitted attorneys with extensive experience in the drafting and reviewing of Wills, the creation, registration and administration of Trusts and the administration of deceased estates.
The company’s professional staff, all of whom are qualified admitted attorneys, as well as its support staff, regularly attend seminars, online webinars, and receive continuous in-house training in the field of Wills, Testamentary Writings, and the administration of trusts and deceased estates. We firmly believe and follow a principle of “knowledge is power”, which enables us to keep abreast with new developments in the industry and to ensure that we are able to act in the best interest and to provide our clients with the best service and advice possible.
ABOUT US
Professionals in the business, placing you first
With years of experience in the field, our team brings a wealth of knowledge and expertise to every case we handle.
The company currently consists of five qualified and admitted attorneys, all of whom have extensive training, knowledge and experience in the law of succession, trust law and the laws regulating the administration of deceased estates.
Our professional staff are furthermore assisted by a team of dedicated support staff (financial manager, office manager, secretaries, administrative assistants, drivers, etc.), who consist of a selective group with many years of experience in the field of Wills, Testamentary Writings and the administration of Trusts and deceased estates.
why us?
OUR Services
Drafting of Wills
Drafting of Trusts
Administration of Deceased Estates
Drafting of Wills
Drafting of Trusts
Administration of Deceased Estates
VISION AND PHILOSOPHY
What is a will, and why is it important?
A will is a legal document that outlines how you want your assets to be distributed after your death. It’s crucial because it ensures your wishes are followed, provides for your loved ones, and can help avoid disputes among beneficiaries.
Do I need an attorney to create a will?
While it’s possible to create a will without an attorney, using DIY kits or online services, consulting with a qualified attorney is highly recommended. They can provide personalized advice, ensure your will complies with state laws, and help minimize the risk of errors or challenges.
What happens if I die without a will (intestate)?
If you die without a will, intestate succession laws will determine how your assets are distributed. Typically, your assets will be divided among your closest relatives according to a predetermined hierarchy, which may not align with your wishes.
What are estate taxes, and who pays them?
Not all estates are subject to estate taxes (estate duty); it depends on the value of the estate and the prevailing tax laws. Generally, it’s the estate itself that is responsible for paying estate taxes before distributing assets to beneficiaries.
How can I minimize estate taxes?
There are various strategies to minimize estate taxes, such as gifting assets during your lifetime, establishing trusts, utilizing the marital deduction, and taking advantage of applicable exemptions. Consulting with an estate planning attorney or tax professional can help you develop a tax-efficient plan tailored to your specific circumstances.
What is a trust, and how does it differ from a will?
A trust is a legal arrangement where a trustee holds and manages assets on behalf of beneficiaries according to the terms specified in the trust document. Unlike a will, a trust can provide ongoing management of assets and provide for the maintenance needs of minors and / or impaired dependants with special needs.
Can I change my will after it's been created?
Yes, you can change your will by executing a codicil (an amendment to the will) or by creating a new will altogether. It’s essential to ensure any changes comply with legal requirements to prevent confusion or challenges after your death.
frequently asked questions
NEED SOME ANSWERS?
We are fortunate to have well established and furnished offices with conference facilities, enabling us to interact with clients in a modern and effective environment. We render services to clients all over the country, as well as abroad, and our offices are conveniently situated in Somerset West, providing easy access to the highways and the surrounding suburbs of Cape Town.