PRIVATE WEALTH
DON’ T LEAVE YOUR
LEGACY
TO CHANCE
BY MADELEIN STEENKAMP, FIDUCIARY AND TAX SPECIALIST, SANLAM PRIVATE WEALTH
Estate planning isn’ t just about passing on wealth. It’ s about protecting your loved ones and ensuring a smooth transition for future generations.
Estate planning is not a one-size-fits-all process, and a do-it-yourself approach can carry significant risks. Without careful planning, oversights can lead to unintended consequences. Here is an overview of what you need to know.
Estate planning may seem straightforward, tempting you to handle it on your own. But safeguarding your legacy requires careful planning to ensure your assets can be transferred smoothly while avoiding legal complications and financial pitfalls.
No two estates are the same, and a cookie-cutter approach can leave critical gaps. It’ s crucial to seek professional guidance to ensure your estate plan honours your wishes and protects your family’ s future.
“ No two estates are the same, and a cookie-cutter approach can leave critical gaps.”
THE RISKS OF A DIY APPROACH INCLUDE:
NOT MEETING LEGAL REQUIREMENTS WHEN DRAFTING AND EXECUTING YOUR WILL For your will to be valid, you must be at least 16 years old, and it must be in writing, whether typed or handwritten. It must be signed by you and witnessed by two competent witnesses, both 14 years or older. If the will consists of more than one page, the signing requirements for each page must be observed.
94 INBOUND SA / NOVEMBER 2026