Estate Planning

We live in particularly dangerous times, and making sure that our affairs are in order is perhaps even more vital for us all than before. Leaving a will in place is of course the only way to properly protect your loved ones after you are gone. Take steps now to ensure that it will be accepted as valid and that there is as little danger as possible of it being challenged in any way. That’s not as straightforward as it may seem, and there are many pitfalls awaiting the unwary. We discuss five mistakes to be especially avoided when making…

Ashersons Attorneys is proud to announce that we are taking part in the Law Society of South Africa's National Wills Week which is held annually from 17 to 21 September 2018. Why must you have a will? By making a will you ensure that your assets are disposed of in accordance with your wishes after your death. This privilege is called "freedom of testation". Why should an attorney draft your will? Attorneys are professionals qualified in law. An attorney can advise you on any problem which may arise with regard to your will. An attorney has the necessary knowledge and…

If you don’t want to be kept artificially alive - without your consent and perhaps in pain and distress - long after your medical condition becomes hopeless, you need to communicate your decision now to the doctors, hospitals and loved ones who will be caring for you at the end. Incapacitation can strike without warning and at any time, so prioritise this whilst you are still mentally and physically competent to express your wishes. Living Will v Advance Directive:  What’s the difference? Both are “advance health care directives”, expressions of your wishes for future care.  Both become effective only when…

Whether you are young or old, healthy or ill, single or attached, you should have a Will.  Without one, you die “intestate”, which means you forfeit your right to decide who inherits what, who administers and distributes your estate, and who looks after your children and their money.  You owe it to your loved ones to spare them the inevitable financial and personal risks. So if you don’t yet have a will get one drawn up immediately. Here’s a practical guide to making sure that it will protect and provide for your loved ones properly. Do it properly with a…