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Professional Fiduciary Services
Fiduciary Services: Help with Wills and Estates in South Africa
One of the often overlooked, yet, crucial aspects of financial planning is to make provision for succession. To this end, as part of our fiduciary services, we advise clients to do proper estate and financial planning, including the drafting of their will.
If you pass away without a proper and legally sound will in place, everything you have built up over the years will go to waste. The state will decide what will happen to your assets.
Your will must be updated every few years and whenever you sell assets like property. This is also true when you acquire new assets. What happens to the shares you have in a company when you pass away? These and other questions can be answered and dealt with to ensure your loved ones are not left without income or their inheritance.
Our range of services include, but are not limited to:
- Drafting of wills.
- Reviewing wills.
- Consulting on aspects of estate planning.
- Succession planning.
- Consultation related to testamentary trusts.
- Administration and liquidation of insolvent and deceased estates.
- Provision of a range of independent trustee fiduciary services.
Making use of our firm and its services holds several benefits, such as:
- One contact point for consultation, administration, and management of fiduciary aspects, helping you to maintain better control over important aspects like your will, trust, and estate.
- Proper succession planning by professionals to make provision for the future wealth and well-being of your family and dependants.
- Competitive prices with a fee structure tailored to your needs for will, trust, and estate administration.
- Well-established and credible national brand infrastructure for support and access to financial expertise.
- Professional and expert consultation services.
More About the Role of a Fiduciary
In legal terms, a fiduciary is an appointed person or organisation to act on behalf of another person. In most instances, the person works with trusts, wills, testaments and estates. To undertake this role, financial, and legal expertise is essential.
When you entrust your will, trust structuring and administration, estate planning, estate management or administration, and likes to our firm, you have the assurance of well-qualified and experienced professionals providing you with advice and ensuring the best management of your trust and estate according to best practices in the industry, and in compliance with legal requirements.
With the responsibilities and legal requirements associated with the role, you need experts who understand your particular will, testament, estate and trust structuring and administration needs. We meet every requirement of the role, including:
- Putting your needs and interests first.
- Committing to perform our legal responsibilities in line with the requirements of the relevant laws.
- Committing to giving you sound financial advice for the best possible outcome for you as our client.
Where to Get More Information
We are bound by the standards for the industry to uphold your best interests. Whether you need expert guidance in setting up a trust, want help with the drafting of a living will, or need assistance in administration of a deceased estate, reach out for more information about our range of fiduciary services.
Hassle-Free Personal Wealth Management
Hassle-Free Personal Wealth Management is Possible
Wealth management is often mistaken for investment portfolio building. The difference lies in the comprehensiveness of each. Whereas investments are often focussed on stocks, shares, properties and commodities, personal wealth management focuses on the investments together with insurance, estate planning, personal healthcare cover, cash management and financial planning.
With the comprehensive nature of long-term financial health in mind, let’s take a closer look at the services we offer to individuals.
- Investments & Portfolio Management
We have access to experienced and specialist investment affiliates and specialists. This ensures that we can meet your particular investment portfolio planning, structuring and growing requirements. Our consultants analyse your current investment portfolio and, based on the information, provide recommendations regarding optimisation of short, medium, and long-term returns while also helping to reduce your risk portfolio.
Whether you’re just starting out with investments or have a comprehensive portfolio which you want to streamline and have managed professionally, we can help. Our certified financial planners work with you to structure the portfolio to meet your retirement income requirements as well.
Our investment services include everything from personal share portfolio structuring to investment handling regarding approved funds and unit trust funds. This service offering also includes the usage of multiple investment platforms for compulsory and discretionary fund portfolios, in addition to identification and management of tax-efficient international investments.
- Cash Management
If you need to ensure the liquidity of funds to be ready for opportunities then you’ll appreciate our solutions tailored to your cash-flow and funds liquidity needs. This ensures that you will always have a portion of your investment funds available on short notice without losing out on interest and earning potential.
Without consideration for possible risks and opportunities requiring almost immediate funds, you can jeopardise your long-term wealth. To this end, we offer investments in money markets, call deposits, fixed deposits, term deposits and 32-day notice deposits to help keep a portion of your funds liquid. With this strategy, you have access to funds on short notice while you also benefit from objective advice and single point control over the funds.
- Short and Long Term Insurance
You face risks throughout your life. All these risks must be managed to minimise their impact on your wealth. With short and long-term insurance at affordable premiums from trusted providers, you mitigate the risks and safeguard your wealth.
Life assurance is essential when you take out a loan, but so is health insurance. From personal liability cover to vehicle and asset insurance, including household and property cover, are effective means to reduce the risk of having to pay a large sum to deal with an unfortunate event, such as roof collapse causing structural damage, etc.
We’ve partnered with Insure Efficient to bring you in-depth risk analysis, world-class solutions, and affordable rates to help minimise the risk of financial loss.
- Healthcare
As mentioned earlier, financial loss as the result of a medical emergency can affect your financial standing negatively. To ensure you have access to the most appropriate and best medical care when you need it, we have partnered with Efficient Med. We perform the healthcare cover analysis, ensuring you get a cover suited to your particular healthcare needs in line with your overall investment and risk strategy for optimal funds and risk management.
Reach out today to have our professional team assess your wealth management needs and benefit from our expert input, professional services, and tailored service offerings.
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Financial Planning For Retirement
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Financial planning must include provisions for your retirement. Even if you’re an entrepreneur, at one or another stage, you’ll want to lay down the tools and take a well-deserving break to enjoy your wealth. The problem is that most people think they have enough time left to build up an attractive portfolio and don’t pay attention to retirement provisions until it’s too late.