In this article on Citywire Adviser, FISA CEO Jan du Plessis and Malissa Conlin of Brenthurst Wealth are quoted on the topic of wills and executors. Malissa makes the point that while the drafting of a will is vital to safeguarding your legacy, if you have not appointed a good executor (preferably a professional executor), your wishes may not necessarily be carried out exactly as you intended. Selecting the right executor is far more than an administrative formality – it is a defining factor that underpins estate administration.
Jan says that a will must comply with section 2(1)(a) of the Wills Act 7 of 1953. If it does not, the estate becomes intestate, which can cause major complications and delays. He adds that the appointment of a professional executor brings objectivity, independence and experience – essential for protecting one’s legacy.
Read the article here.
Malissa is a Director and the General Manager of Brenthurst Wealth, a qualified non-practising attorney and FPSA®.