As of 20 May 2020, the number of confirmed cases of Covid-19 is 18 003, and 339 related deaths.
View the Statistics: https://sacoronavirus.co.za/
As of 20 May 2020, the number of confirmed cases of Covid-19 is 18 003, and 339 related deaths.
View the Statistics: https://sacoronavirus.co.za/
It is worth noting that judging from the rate of infections, it is projected by the SA Covid-19 modelling consortium led by National Institute of Communicable Diseases Dr. Harry Moultrie that there will be at least 45 000 confirmed cases by November 2020. With the increased rate of infections, so will be the number of deaths.
In these unprecedented times, what have you done to ensure that your assets are protected and distributed in accordance with your wishes upon your demise, whether due to Covid-19 or otherwise?
The importance of estate planning cannot be stressed enough, especially now. There are various options that one can explore, but this newsletter will focus specifically on Wills.
If the testator/testatrix cannot sign the Will for whatever reason, the following options are available:
The Will may be signed by someone else in the presence of the testator/testatrix at the former’s direction, who acknowledges the signature, and in the presence of two competent witnesses; and The testator/testatrix may sign by making a mark.
In both scenarios, a commissioner of oaths must satisfy him/herself as to the testator/testatrix’s identity and that the Will belongs to them. The commissioner signs every page and must supply his certificate at the end of the last page.
A person of 16 years and older is competent to make or write a Will, unless at the time of making the Will he or she is mentally incapable of appreciating the consequence of his or her actions.
If the Will is handwritten, the person who writes the Will is not allowed to be a beneficiary in that Will.
A person of 14 years and older and who at the time of witnessing the Will is not incompetent to give evidence in a court of law, is competent to be a witness to a Will.
A beneficiary of a Will cannot sign as a witness to the Will. A beneficiary who signs a Will as a witness will be disqualified from inheriting any benefit and therefore should not witness the Will.
Witnesses must sign in the presence of each other and of the testator/testatrix (person making the Will) or in the presence of the signing party in the instance where someone signs on behalf of the testator/testatrix.
The Wills Act 7 of 1953 and Regulations thereof, as well as various case law sets out the requirements for a Will to be valid, as follows:
If the testator/testatrix cannot sign the Will for whatever reason, the following options are available:
The Will may be signed by someone else in the presence of the testator/testatrix at the former’s direction, who acknowledges the signature, and in the presence of two competent witnesses; and The testator/testatrix may sign by making a mark.
In both scenarios, a commissioner of oaths must satisfy him/herself as to the testator/testatrix’s identity and that the Will belongs to them. The commissioner signs every page and must supply his certificate at the end of the last page.
Any amendment to a Will or any codicils (annexures) relating to the Will must be identified by the signature of the testator/testatrix or by the person who made it in his/her presence and direction and in the presence of two witnesses. The amendment must also be identified by the signatures of these witnesses.
Should the amendment be identified by the making of a mark by the testator/testatrix or the signature by some other person in their presence and direction, a commissioner of oaths has to certify and sign as set out above.
In the absence of a Will, or worse yet, a valid Will, a person’s estate will devolve according to the laws of intestate succession as governed by the Intestate Succession Act 81 of 1987. It is imperative that one has a valid Will to avoid unintended devolution.
Should you need any advice or assistance with drafting or reviewing your will, we can be of service, contact us here or via;
Email: attorney@shalaw.co.za
Number: +27 67 617 3130