Before you make a loan to anyone, be sure to comply fully with the strict requirements of the National Credit Act.
Financial Advice
Your will must always lie at the heart of your estate planning. But don’t concentrate solely on the financial wellbeing of your family after you are gone.
You will have to pay a variety of costs over and above the purchase price. What are those costs and when must you pay them?
Your will is probably the most important document you will ever make, which is why it’s vital to understand that electronic wills are – despite media reports implying otherwise – not accepted by the Master of the High Court as valid.
“Buyer’s remorse” is a well-known phenomenon that’s led many a property buyer to cast around desperately for a means, any means, to escape the sale they’ve just tied themselves into. Be careful here – cancelling a sale without sound legal grounds will be a very costly mistake.
Not everyone knows that the verbal agreements we make every day are, with very few exceptions, every bit as valid and enforceable as formal written contracts.
Be certain that any estate agent you employ is both competent and trustworthy. You’re entrusting them with a major asset and, as we discuss in this article, not every “agent” out there is necessarily genuine. As for the fakes, their incompetence is often matched only by their dishonesty.
The couple’s court victory highlights both the importance of lenders producing accurate documentation, and the right of borrowers to request clear details before agreeing to settle any claims made against them.
We’ll share some thoughts on when it’s a really good idea to have more than one will, how to go about preparing one, and how it will play out after your death.
We outline the basics of estate planning, its benefits, and what to include in your plan. As well as share nine simple steps to help you get started.