There is a critical difference between a godparent and a legal guardian and getting the two confused could have very serious and unintended consequences for your child or you.
Tag - will
It is officially National Wills Week. Wills can get quite tricky – there are several common mistakes that are made when drafting a Will that can have a serious impact on your wishes.
Here are some financial resolutions that you should aim to achieve this year.
Buying insurance, and drafting and updating your Will, can be put next to each other on the list of things that we don’t really want to do, and often put off doing.
In the final episode of Change in your Pocket, we highlight the importance of dealing with various admin issues before you get married.
Most people draft a will because they want to avoid inheritance battles, but these common mistakes can fuel more family feuds.
If you have invested offshore, you may need a foreign will to deal with your foreign assets on your death.
There may be very good reasons to postpone starting a family, but it’s also important to consider the potential financial implications when you make this call, says Karin Muller, head of Growth Market Solutions at Sanlam. People are delaying having children for various reasons, among them societal expectations, deferred marriage or long-term...
By David Knott of Private Client Trust, the fiduciary services division of Private Client Holdings, and a member of the Fiduciary Institute of South Africa In many countries around the world there are forced heirship laws in place which have evolved over many years of custom before eventually being legislated into law. South Africa has no similar...
As much as people realise there is a need to ensure they have planned for their family’s financial future after their passing, many do not understand the different aspects of estate planning and the negative impact that a lack of planning can have on their family. Peter Hewett, CFP® and 2014 FPI Financial Planner of the Year winner, shares...