National Wills Week, which runs from 17-21 September, highlights the need for this crucial document in your estate planning. As a Sanlam staff member, Sanlam Trust will draft your and your spouse’s will free of charge if you appoint Sanlam Trust as executor or co-executor in the will – and you’ll be exempt from the annual safe custody fee of R57,50.
The benefits you will receive for free include quality and control check of the wording of the will; drafting of a living will, which is a written document detailing a person’s desires regarding their medical treatment in case they’re unable to do so themselves; updating and future revisions of will, which is vital if your circumstances change because of a divorce, death of a spouse or heir, buying a business, and so forth; safekeeping of your will in the Sanlam Trust vault for easy access when the business needs to finalise your estate after you’ve passed away; and an additional 5% discount on executor’s fees on estates bigger than R950 000 for wills (terms and conditions apply).
It’s crucial that the provisions you make for your dependants don’t end up in the wrong hands. Draft a will today, put it in safe custody and ensure that your loved ones are looked after when you’re no longer around.
For assistance with the drafting of your will, contact your financial adviser, who must indicate that you’re a staff member when submitting the will to Sanlam Trust.