
This Masterclass will assist the learner to broaden the approach to effective estate planning and will include:
MARITAL REGIMES AND ASSETS OF TESTATOR / TESTATRIX
In South Africa, a person can leave assets to whoever they like, although this freedom of testation can be affected by the matrimonial property regime. The marital regime must be taken into consideration during the estate planning process to ensure that the will is aligned with the rights and obligations that flow as a consequence of the marriage.
Identifying assets belonging to the Testator / Testatrix and compiling possible administration costs on date of death will give the client an overview of what exactly his / her estate will look like.
ESTATE DUTY
Given the client an outline of the possible Estate Duty calculation.
DRAFTING OF A LAST WILL AND TESTAMENT
Having a valid Last Will and Testament 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.
All Included:
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Gary Garbutt,
Head of Operations
Biz Facility Pty Ltd
(Registration number: 2011/105349/07)
Mission Statement:
To provide value added skills and tools through superior training and engagement that enables our clients to become more financially skilled.
Our Vision:
To provide practical skills and tools to small and medium business owners and individuals, in order to effectively utilize accounting data to manage their business or area of operation, and to effectively manage their tax obligations, both personally and professionally.
Biz Facility, founded in 2010, was founded to provide practical training interventions to small and medium sized businesses, as well as individuals, to equip clients in managing their business’s and tax affairs more effectively.Biz Facility provides both training and financial services to its clients: