Wills
Mental capacity to draft a last will and testament
In order to draft a legal Will, one has to be of sound mind and have the mental capacity to do so. Mental capacity is crucial for a valid Will. Understand the impact on your assets, beneficiaries, and decision.
30 November 2024
Offshore legacy planning
Estate planning opportunity: distributing funds from South African trusts to offshore trusts
01 November 2024
Estate administration
Life Assurance policies and beneficiary nominations
A life assurance policy is an essentially contract between a policy owner and the life assurance company. This means that the nomination of the beneficiary forms part of this contract. Where there is no beneficiary nominated, the proceeds of the policy will be payable to the policy owner's deceased estate and distributed in the terms of the deceased's last Will.
30 August 2024
Trusts
The value of testamentary trusts in safeguarding the interests of minor children and dependants with special needs
Creating a Will may be the last thing on your mind, but if you have children, it is a necessity, along with a testamentary trust. This will ensure that any inheritance left to your minor benificeries will not be transferred to the government-run Guardian's Fund.
30 April 2024
Estate administration
FNB introduces estate services for estates with gross asset values of less than R250 000
15 February 2024
Wills
The impact of digital assets when winding up a deceased estate
In today's digital age, the concept of wealth extends beyond physical possessions. With the advent of digital technology, individuals accumulate significant digital assets throughout their lives. However, when the owner of these assets passes away, the management and distribution of these assets become complex tasks for the executor.
30 January 2024
Wills
The importance of having a Will as part of your blueprint and financial planning
14 September 2022
Offshore legacy planning
Offshore Legacy Planning: Transferring wealth to the next generation and achieving your philanthropic goals
24 May 2022
Estate administration
FNB introduces estate services for estates with gross asset values of less than R250 000
15 February 2024
Disclaimer
This Publication note is issued by FNB for the information of clients only and should not be produced in whole or part without prior permission. Although FNB is an Authorised Financial Services Provider, any opinions and/or analysis contained in this Publication are for informational purposes only and should not be considered advice, including but not limited to financial, legal or tax advice, or a recommendation to invest in any security or to adopt any investment strategy. The information contained herein has been obtained from sources/persons which we believe to be reliable but is not guaranteed for correctness, completeness or otherwise and we do not assume liability for loss arising from errors in the information or that may be suffered from using or relying on the information contained herein irrespective of whether there has been any negligence by us, our affiliates or any other employees of us, and whether such losses be direct or consequential. As market and economic conditions are subject to rapid change, any comments, opinions and analysis is rendered as of the date of publishing and may change without notice. Such changes may have a material impact on the outcome of any investment. Securities involve a degree of risk and are volatile instruments. Past performance is not indicative of future performances. Securities or financial instruments mentioned in the Publication note may not be suitable for all investors and FNB bares no responsibility whatsoever arising from or as a consequence hereof. The material is not intended as a complete analysis of every material fact regarding any share, instrument, sector, region, market, country, investment or strategy. The recipient of this Publication must make their own investment decision and is advised to contact his relationship manager for a personal financial analysis prior to making any investment decisions. Copyright 2023.
