Estate Planning: Wills and Trusts
Presenters : Nicolene Schoeman-Louw
Overview
Estate planning is a critical step for anyone seeking to protect their wealth and ensure their assets are distributed according to their wishes. This webinar equips you with essential knowledge on crafting wills and trusts, minimising tax burdens and preventing family disputes. The webinar gives practical guidance that empowers practitioners to navigate estate administration effectively and safeguard their clients' inheritance and ensure the continuation of legacies.
Join Nicolene Schoeman-Louw (Attorney) as she unpacks the key aspects of wills, estates and trusts, providing expert insights, practical advice and real-world examples to help you navigate the estate planning process with confidence.
Learning objectives
Attending this webinar will equip you with the following skills:
- Understanding the fundamentals of estate planning and the importance of having a will.
- Learning the legal requirements for drafting and executing a valid will.
- Exploring different estate planning tools, including trusts and power of attorney.
- Identifying common challenges in estate administration and how to address them.
- Gaining insights into the role of the executor and the probate process.
Content
The webinar will cover the following topics:
- Introduction to Estate Planning.
- Definition and importance.
- Key components of a comprehensive estate plan.
- Drafting a Will.
- Legal requirements for a valid will.
- Types of wills.
- Common mistakes to avoid.
- Trusts and Other Estate Planning Tools.
- Purpose of trusts.
- Revocable vs irrevocable trusts.
- The role of power of attorney and living wills.
- Estate Administration and Probate.
- The role of the executor and administrator.
- Understanding the probate process.
- Distribution of assets and debt settlement.
- Challenges in Estate Planning.
- Disputes over wills and inheritance.
- Managing estate taxes and liabilities.
- Planning for minor children and dependents.