WEALTH MASTERS CLUB
vary depending on jurisdiction , family circumstances , and personal preferences . There are a number of challenges and issues that can arise in estate planning and management , particularly in the context of South Africa .
Working with professionals who specialize in estate planning can provide you with the guidance you need to make informed decisions and safeguard the financial wellbeing of your loved ones .
The disastrous management of deceased estates by the state after death of a loved one in South Africa is a frequent recurrence for average people mostly signed up by ignorant Financial Services Providers ( FSP ).
The typical example of average claimants on an estate on death of a family member are mostly ; married in community of property , have children who are dependent on getting an inheritance , have no control or access to immediate funding normally ending in dire situation for family members that have not set-up the correct structures .
Example of a typical situation on death of a family member normally takes place as follows : 1 . The estate is immediately frozen
33 AUG / SEPT 2023 SA Real Estate Investor Magazine