As an ex financial advisor, this topic is very close to my heart. Without the policy I took barely a year before illness rendered me unable to continue my career, I would have been financially lost at this stage of my life. What Is Income Protection Cover? Income protection cover, also known as disability income… Continue reading Understanding Income Protection Cover Benefits
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How to Legally Reduce Estate Duty in South Africa
Estate duty can take a big chunk out of what you leave behind for your loved ones. Luckily, there are several legal strategies you can use to reduce your estate duty liability and protect your legacy. 1. Use the Spousal Deduction 2. Make Use of the Annual Donations Exemption 3. Donate to Public Benefit Organizations… Continue reading How to Legally Reduce Estate Duty in South Africa
The dreaded downfall of a marriage
Divorce and Marriage Contracts in South Africa: What You Need to Know Marriage contracts, such as antenuptial contracts (ANCs), and divorce are closely linked in South African family law. Understanding how your marriage contract affects divorce proceedings and your financial rights is crucial. What Is a Marriage Contract? Types of Marital Regimes and Their Impact… Continue reading The dreaded downfall of a marriage
Dread Disease Cover
As a woman who was diagnosed with Multiple Sclerosis a few years ago, I cannot stress the importance of dread disease cover enough. Many years ago, I had the privilege of hosting Dr Marius Barnard as the guest speaker at a function for my then clients. Yes, he and Dr Christiaan Barnard, famed for the… Continue reading Dread Disease Cover
Your Estate Plan
Estate Planning Checklist Personal Information: Will and Testament: Trusts (if applicable): Beneficiary Designations: Financial Power of Attorney (POA): Healthcare Directive / Living Will: Asset Inventory: Debts and Liabilities: Insurance Policies: Digital Assets: Important Documents Storage: Regular Review: Final Checklist Reminder: Is everything signed and witnessed properly? Are all beneficiaries current? Do key people (executor, POA) know their… Continue reading Your Estate Plan
Your Last Will and Testament
Planning ahead can reduce stress for your family. Having documents organized — like your Will, policies, and personal details — makes this difficult time a little easier. How to Write a Will in South Africa: A Step-by-Step Guide Writing a will may feel daunting, but it’s a crucial step in ensuring your wishes are respected… Continue reading Your Last Will and Testament
Life Cover – how much is enough??
During the 40 years as a financial advisor, this question was obviously discussed over and over again. Firstly, this is the starting point of a comprehensive financial plan, and it should be reviewed with your financial advisor. You need to be totally honest and divulge all your income and debt as follows: Step 1: Calculate… Continue reading Life Cover – how much is enough??
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