How to get a will from Nedbank
The Nedbank will is an essential part of estate planning as it stipulates how you want your assets to be dealt with on your death. Proper estate planning will ensure that your estate is set up in a tax-efficient way that benefits you during your lifetime and your beneficiaries after your death.
Life can be unpredictable, which is why it is important to ensure that your legacy has been properly planned and your estate will be able to handle any circumstances that may arise.
Proper estate planning makes provision for:
- payment of outstanding debts;
- ensuring your dependants have income and access to capital;
- distribution of your estate, according to your wishes;
- protection of your business interests; and
- Minimisation of taxes such as estate duty and income tax.
Ensuring you have a valid will can make all the difference to your family when you pass away. Without a will, the laws of intestate succession apply, meaning that your estate will be divided according to a formula specified by law. Because a will is such an important part of estate and financial planning, it is worthwhile to get professional advice when drawing up one.
Should you need assistance with the drafting of a new will or updating your existing Nedgroup Trust will, or if you need expert advice on estate planning, speak to a financial planner at your nearest Nedbank branch or send us an email.