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What is a will?
Planning for the future ensures your wishes are known and your loved ones are protected. At Engelsman Magabane Incorporated, our compassionate and experienced estate planning team can guide you through the process of drafting a will. This crucial legal document outlines your wishes for the distribution of your assets after your passing.
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The importance of a will
Having a will in place offers peace of mind, knowing your loved ones will be cared for according to your wishes. It also helps to:
- Avoid Intestacy: If you die without a will, the intestate succession laws will dictate how your assets are distributed, potentially leading to unintended outcomes.
- Minimize Family Conflict: A clear will helps prevent disputes among beneficiaries, ensuring a smooth and harmonious distribution of your estate.
- Appoint Guardians for Minor Children: You can nominate guardians in your will to care for your minor children if you are no longer able to do so.
- Specify Wishes for Funeral Arrangements: The will allows you to express your preferences for your funeral, easing the burden on your family during a difficult time.
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The Process of will drafting
Our team offers a personalized and supportive approach to will drafting:
- Understanding Your Needs: We take the time to understand your family dynamics, assets, and wishes for your estate.
- Clear & Comprehensive Drafting: We draft a clear and legally sound will that accurately reflects your desires.
- Minimizing Tax Liabilities: We consider tax implications during the drafting process to minimize the tax burden on your beneficiaries.
- Future-Proofing: We ensure your will is flexible enough to accommodate potential changes in your circumstances.
- Beneficiary Designation: We can advise on beneficiary designations for retirement accounts and life insurance policies to align with your overall estate plan.
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Consultation Process
Our streamlined consultation process ensures your will accurately reflects your desires:
- Initial Contact: Schedule a consultation at your convenience, either in-person or virtually.
- Understanding Your Needs: We will discuss your assets, family dynamics, and any specific wishes you have for your beneficiaries.
- Will Preparation: Our attorneys will draft a personalized will that clearly outlines your asset distribution plan, guardianship preferences for minor children (if applicable), and the appointment of an executor to manage your estate.
- Review & Refinement: We will meticulously review the will with you, ensuring you understand its content and have the opportunity to ask questions or request adjustments.
- Will Signing & Witnessing: Once you are satisfied with the will, we will guide you through the proper signing and witnessing process to ensure its legal validity.
- Safekeeping (Optional): We offer secure storage options for your original will, ensuring its safekeeping and accessibility for your executor.
- Online Will Submission: For your convenience, Engelsman Magabane Incorporated offers a secure online platform where you can submit your final will instructions and preferences. Our team will then use this information to draft a personalized will for your review and approval.
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Why Choose Engelsman Magabane Incorporated?
- Experienced Estate Planning Team: Our attorneys possess in-depth knowledge of South African inheritance law and extensive experience guiding clients through the will drafting process.
- Compassionate Approach: We understand the sensitive nature of estate planning and treat all clients with respect and empathy.
- Client-Centered Focus: We prioritize your wishes and tailor the will to your unique family structure and asset distribution preferences.
- Clear Communication: We ensure you understand the legal implications of your choices throughout the process.
- Convenience & Security: Our online will submission option offers a secure and flexible way to initiate the will drafting process.
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Elzaan Botha
LLB North West University Potchefstroom
FRANKEL ENGELBRECHT
B.Com LLB University Of Stellenbosch
Let's Discuss Your Legal Needs
Have Questions?
By creating a will with Engelsman Magabane Incorporated, you gain peace of mind knowing your legacy is protected. Contact us today to schedule a consultation and discuss how we can help you draft a will that reflects your wishes and safeguards your loved ones’ futures.