A Fiduciary Service To Protect Your Legacy
It is important that you are made aware of the fees associated with carrying out your wishes and tying up loose ends when you are gone. These fees are often an unknown or forgotten aspect of your legacy planning and can amount to thousands of rands that, if not provided for, can eat up a large chunk of the intended benefit you wish to leave to your beneficiaries in terms of your Will.
These legal fees come in the guise of Executors Fees, Testamentary Trust Fees, Conveyance Attorney Fees and Non-Estate Asset Administration Fees that are charged as a percentage of your total estate value.
Understanding the Costs Involved
Unforeseen costs can occur directly after passing that can cripple your beneficiaries in the form of immediate funeral expenses, initial overheads (Masters Fees, property clearances etc.), monthly overheads (School fees, medical aid, rates and taxes, water and electricity etc.) and in the worst case scenario of you and your spouse passing away, exponentially high inheritance taxes.
5 Reasons To Get A Will With Accredo
Ensure your inheritances go to the loved ones you intend on benefitting
Can protect your children’s inheritance from the Government Guardian’s Fund
Ensures that your wishes are carried out
Save on estate duty with proper planning
Appoint professionals to execute your estate and manage the testamentary Trust thereafter