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Death is the only certainty in life, and despite this many people still don’t want to think about getting a personal will to set their final affairs in order. If you were to die tomorrow, are you sure that your family will be well looked after? And more importantly, if you were in an accident or succumb to a disease that leaves you powerless, will your family do what you want them to do? A personal will is a very important document in any person’s life, regardless of whether you are 25 or 55.
At Adele van der Walt Attorneys we can help you to get a document that will put your final affairs in order, as well as assist with the setting up of a living will. A living is a document that you sign while you are still of able mind and body, and gives your doctors permission to switch the life support machines off if you were ever in a situation where you are reliant on them. By having a living will you are taking this heartbreaking decision away from your family.
The importance of a personal will can be illustrated by this example. Let’s say we have Bob who is married with three children younger than 18. Bob has a life insurance policy, a number of retirement annuities and a few shares. However, he dies in a car accident and because he does not have a will, all his assets are frozen immediately. It can take months before an executor is appointed for his estate, and because he did not choose the person, it can be anyone and his family might even suffer at the hands of an unscrupulous individual. His wife and children can go through a terrible financial period because of this yet it all could have been avoided simply by drawing up a personal will.
Contact us today and make sure your family is well looked after, even when you are not there.
For more information on this subject, please give us a call at 012 460 3668 (SA)
or e-mail us at linda@avdw.co.za
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