Blog

Pitfalls

How sure am I that my carefully drafted Will won’t be declared invalid? “If you think small things don’t matter, try spending the night with a mosquito.” – Dali Lama Too often it’s the little things that trip you up. The Master’s Office, already under-resourced, spends much of its time dealing with family feuds —typically because a loved one has…

Off-Shore Assets

I’m a South African with assets overseas. What factors do I need to consider for my estate planning, and do I need more than one Will? Owning assets abroad adds complexity, but here’s what you need to keep in mind: Should I Have More Than One Will? If your foreign assets are limited to a small bank account, one South…

Your Will and Why It’s Critical to Have One

Many of us are guilty of not revisiting our wills, or worse still, failing to have one. Naturally, none of us wants to think about our demise, but failing to properly plan for the inevitable may have far-reaching consequences for your family and loved ones.  At Mella Fiduciary Services we have seen the devastating effect of this and, as a…

Getting Your Affairs in Order

It is important for your loved ones and heirs that you leave all your affairs in order, so that those who are left behind are able to cope with their bereavement, without the added stress of tying up loose ends in the deceased estate.  For many, this is not the case. What is an already traumatic, stressful situation is exacerbated…

Don’t Let the Death of Your Spouse be the Death of Your Livelihood Too

Even though women are becoming more involved in their family’s financial affairs and sometimes may even run them, widowhood remains a significant risk factor. The death of a spouse is traumatic enough without having to deal with the aftermath of a possible transition into poverty due to poorly managed financial affairs. A recent American survey (Mathew Greenwald & Associates) of…