Tax Practitioner Value-Added Service: How to Assist Clients with Drafting of their Wills 2021
Duration: 2 hours
Price: R475.00
Tax Practitioner Value-Added Service: How to Assist Clients with Drafting of their Wills 2021
Presenters : Carmen Westermeyer
Overview
Talking about wills is an uncomfortable subject – we prefer to stick our heads in the sand and hope we never need one. Reality is, we all do.
Benjamin Franklin said: “In this world nothing can be said to be certain, except death and taxes.” Ideally, we should all have a will in place. However, it’s important to have a will that is properly structured and thought-through and to not just have a will for the sake of having one.
The importance of having a properly structured will in place should not be underestimated. It may very well be one of the most important documents you ever draft – after all, how else will you guarantee that your wishes are heard and loved ones looked after?
Course content
This webinar aims to answer the following questions:
- What are some of the things to consider when drafting a will?
- What are the consequences of not having a will in place?
- What are the legal requirements for a will to constitute a valid and legal will?
- Can I write anything into my will?
- Do I need a will per country?
- How does intestate succession work?
After attending this webinar, you will have gained an understanding of the following competencies:
- Identify the requirements of a valid will.
- Understand some of the key features of a good and proper will.
- Understand the consequences if the Intestate Succession Act is applied.
- Be able to advise a client regarding the pros and cons of having a will versus being subjected to the Intestate Succession Act.
Who should attend?
Any person providing financial advice to individuals. Understanding what a valid will entails, as well as the potential consequences when a will is not drafted properly, are crucial for any tax practitioner, financial advisor or wealth manager. Furthermore, it is crucial for all persons to have a basic understanding of a will in order to manage their own personal affairs.