Five things to consider when drafting a will in South Africa

09 Mar 2023

When drafting your last will and testament in South Africa, there are several essential things to consider:

1. Identify your assets and liabilities

Before drafting your will, you need to make an inventory of all your assets and liabilities. This will help you determine the value of your estate and how you would like it to be distributed.

2. Choose an executor for your estate

An executor manages your estate and ensures that your wishes are carried out. You should choose someone trustworthy, responsible and with the necessary skills to handle the role.

3. Choose your beneficiaries

You must decide whom you want to benefit from your estate. You can choose family members, friends, charities or other organisations.

4. Be specific about your wishes

Your will should be clear about your estate’s distribution. This will help to avoid confusion and disputes among your beneficiaries.

5. Keep your will up-to-date

It is essential to review and update your choice regularly, especially if your circumstances change. This will ensure that your wishes are always up-to-date and accurately reflected in your will.

It is a good idea to consult with an attorney when drafting your will. An attorney can advise you on the legal requirements for drafting a will in South Africa and help ensure that your will is legally valid.

Article sourced from SchoemanLaw Inc.

See also:

• Last rights – The importance of a Last Will and Testament
• Unsigned last will and testament
• It is better to die intestate than have an outdated will
• Life partnership and inheritance – Know your rights!
• The inevitability of death and why you should plan for it

(This article is provided for informational purposes only and not for the purpose of providing legal advice. For more information on the topic, please contact the author/s or the relevant provider.)