KVV Inc. Attorneys

Myths about Making a Will

KVV Inc Attorneys

Published on: 04/03/2025

Myths about Making a Will

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Be Prepared for The Cost of Dying

KVV Inc Attorneys

Published on: 04/03/2025

Death's inevitability, as Margaret Atwood notes, underscores the need for estate planning. Beyond the emotional loss, families face financial burdens. Executor fees (up to 4.025% of the estate), taxes (estate duty up to 25% above R30 million, capital gains, income tax), and outstanding debts (including mortgages) must be settled. Insufficient cash can force asset sales, adding stress. Life insurance can alleviate this by providing immediate funds, ensuring a smoother transition for loved ones. Consult your attorney for personalized advice.

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Don’t Let Delays in the Master’s Office Leave Your Family in Financial Distress

KVV Inc Attorneys

Published on: 04/03/2025

Ensure your family's financial security while your estate is settled. Due to Master's Office delays, access to funds can be problematic. Establish readily available resources like separate accounts, investments, or life insurance policies with designated beneficiaries. Communicate these arrangements clearly to your loved ones. Professional advice is crucial to tailor a plan to your unique circumstances. Don't leave your family struggling financially during a difficult time.

Wills and Estates