JOINT WILLS AND MASSING OF ESTATES

1. JOINT WILLS The most common form of will is the joint will. Although this is the form normally preferred by spouses married in community of property to each other, any two or more persons can execute a joint will. A joint will is therefore nothing more than a...

LAST WILL & TESTAMENT – A BRIEF OVERVIEW

1. WHAT IS A WILL? 1.1 A will is a written document signed by a person (“the testator”) during his/her lifetime directing how his/her assets should be disposed of after his/her death. 1.2 The formalities required for the execution of a valid will on or after 1 January...
Buying Immovable Property from a Deceased Estate

Buying Immovable Property from a Deceased Estate

A simple property transaction can become fairly complicated if, for example, the seller dies during the transaction, i.e. prior to transfer of the property to the purchaser having been effected at the Deeds Office.SALE PRIOR TO DEATHAn agreement of sale that was...