Deceased Estates Process Webinar - Last Will & Testament (Session 1)

Price:
R565.00 (VAT Incl.)
Level:
Business Professionals
Sub-level:
Accounting
Lecturer:
Biz Facility
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Having a will is important for many reasons, however giving directions to an Executor, is one of the most important and valuable reasons. A will ensures that your assets and personal possessions are divided up among those individuals you wish to inherit them. Without a legally valid document setting this out, your estate will not necessarily be bequeathed according to your wishes.

Topics Discussed:

  • Drafting of a valid Last Will and Testament
  • Signing of a valid Last Will and Testament
  • Competency to make a Last Will and Testament
  • Effect of divorce or annulment of marriage on will – 3 months grace period
  • Encourage your client to review their Last Will and Testament at least once a year
  • Encourage your client to make a list of their assets at least once a year
  • Cremation / organ donation
  • Who can sign as witnesses to a Last Will and Testament
  • Statutory requirements / formalities of valid Last Will and Testament – section 2 of the Wills Act no 7 of 1953
  • If signed Will does not comply with formalities – section
    2(3) of the Wills Act no 7 of 1953 – Court to declare Last Will and Testament valid

All Included:

  • Q&A with the presenter
  • Downloadable course material
  • Certificate of training SAIT Accredited - 3 verifiable CPD points