The Professional Edition 11 March 2024 | Page 31

While navigating life , we all share a common desire to establish a legacy and secure the well-being of our loved ones in our absence . Whereas having a valid Will is crucial for ensuring the proper distribution of assets and preventing family conflicts , it also serves to craft a positive legacy that extends beyond personal circles .

PROTECTING YOUR CIRCLE : CLARITY AND COMFORT IN LOSS
The loss of a loved one is a deeply emotional time . A Will acts as a roadmap , guiding a family through the complexities of settling the person who passed away ’ s affairs . Imagine the heartache they could be spared : no confusion about the individual ’ s wishes , no legal battles over cherished belongings . Instead , they can focus on grieving and supporting each other , finding solace in the knowledge that the person they loved and who is no longer with them ’ s final decisions were thoughtfully made .
COMMUNITY RIPPLE EFFECTS : UNLOCKING UNTAPPED POTENTIAL
This paints a stark picture : 85 % of South Africans leave their legacies unwritten . Simply put : they die without a Will . This translates to millions of rand in unclaimed inheritances and untapped potential for good . Imagine a scholarship fund established in your name , empowering an underprivileged student to pursue their dreams . Or a community centre nurtured by your legacy , offering hope and resources to those in need . Every Will has the power to ripple outwards , leaving a positive imprint on the world .
EMPOWERING CHOICES : SHAPING TOMORROW , TODAY
A Will is a powerful tool for more than just asset distribution . It allows the testator to designate guardians for their children , ensuring their well-being even in your absence . The testator can express their medical preferences , giving loved ones clarity and honouring their wishes during a difficult time . By choosing a trusted executor , the testator also ensures a smooth and efficient transition , sparing their family unnecessary burdens .
BUILDING A SECURE FUTURE : BEYOND DEATH AND TAXES
Estate and financial planning extend far beyond the immediacy of death . It is about securing one ’ s loved ones ’ future , providing for education and mitigating the financial impact of unforeseen circumstances . Imagine your children inheriting not just assets , but a roadmap to financial stability , a safety net woven with foresight and care .
SEEKING GUIDANCE : PROFESSIONAL EXPERTISE FOR PEACE OF MIND
Navigating the complexities of estate and financial planning can be daunting . But no one

The ripple effect of a legacy

By Juan Buys
needs to do it alone . Professional financial advisers , like PPS Fiduciary Services , can be invaluable partners . They work with their clients to create a comprehensive plan , tailored to their unique needs and values . With their expertise , individuals can ensure their legacy aligns with their aspirations , leaving a lasting impact on those who matter most .
Remember , estate and financial planning is not about morbid preparation . It is about living intentionally . It means making today ’ s choices with tomorrow in mind , shaping a legacy that reaches beyond material possessions to touch the lives of loved ones . It is not just about personal security ; it is about creating a brighter future for oneself , family and community .
Juan Buys
This article does not constitute financial advice . The information provided is purely informational . Consult your PPS-accredited financial adviser for more information about insurance cover .
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