It is heart breaking to see the conflict created between children, where parents do not draft proper wills, and discuss the content thereof with their children.
In South Africa, if you die without a valid will, your estate is inherited to your family in terms of the Intestate Succession act of 1987. This means that your estate will be divided amongst your spouse, children and other family according to a set formula. What is this formula, and who is first in line?
Section 1 of the act states:
As you can see a simple drafted will can ensure that your family is not bogged down with formulas and nitty gritties after your death. Bless your family and get your will drafted today.
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