Thoughtful structuring to preserve your legacy — minimising estate duty and ensuring a smooth transfer of wealth to the next generation.
Estate duty is a tax payable on the death of an individual — effectively a tax on after-tax assets.
The use of wills and trusts is an essential part of estate planning and of maximising the wealth of your family’s estate. Bekker Investments advises on how legislative changes affect your estate, and on how to minimise your estate duty and tax liability.
Personal risk planning is also essential to ensure the estate is liquid — so that illiquid assets need not be sold off to pay estate duty and executor fees.
Estate planning involves making plans for the transfer of your estate after death. Your estate is all the property you own — cash, clothes, jewellery, cars, houses, land, retirement and investment funds, life policies and savings accounts.
It should be done while you are legally competent — of sound mind and at least 18 years old — and ideally while in good health and free from emotional stress.
Ensure your wishes are carried out rather than the intestacy rules deciding for you.
Structure assets to reduce estate tax liability and protect property in your estate.
Personal risk planning keeps the estate liquid so assets need not be sold to cover duties.
Contact Bekker Investments today to begin your estate planning.
