Wills en testament
When there are minor beneficiaries it is advised to have a will were a testamentary trust is created as minors cannot inherit cash, there funds have to paid into the Guardians Fund if no trust provisions was made.
What I will need from you :
Copy of your ID;
Copy of the ID’s of every person mentioned in the will (beneficiaries, trustees, executors etc.);
Your choice for Executor (the person who will be administrating the estate – please bear in mind that a layman cannot administer an estate. Should the executor be a person without the qualifications or experience to administer an estate, the Master will request that the executor appoint an attorney, auditor or trust company (bank) to be the agent of the executor;
Your instructions regarding beneficiaries – specific benefits as well as residual heirs;
Should it be necessary to make provision to create an testamentary trust the names and ID numbers of 3 (three) trustees. One should be a impartial person for example an attorney or accountant;
Your wishes regarding your burial / cremation / tombstone etc;
Living will to be drafted?
Alternative nominated persons for each beneficiary, executor, trustee, should the person die before, with or within a short period of time from you.
Please complete the attached information sheet and send the completed form back to us. For your information please find attached pamphlets by the Master of the High Court regarding Wills.