A Will should serve as a blueprint for your life and financial planning journey. Your Will should not be viewed as an afterthought or as a complicated document, but rather as part of an estate plan that considers all aspects of your life.
Aneesa Razack, CEO of FNB Fiduciary says, "A Will is a detailed plan of how you will leave your accumulated assets and belongings, big or small, to your loved ones once you pass on. As life progresses, people's needs evolve and, as such, we need to ensure that their wishes are well represented in a Will. Whether big changes like purchasing a house or getting married or making any type of investment - you need to consider these when doing and updating your Will."
Senzo Nsibande, CEO of FNB Integrated Advice adds, "As an integrated financial services provider, we encourage our customers to consult their financial advisors or financial institutions on how to structure their Wills in line with their wishes and unique circumstances. Moreover, customers should take advantage of events like Wills Week to learn more about the importance of having a Will and, most importantly, to take the first step to draft their Will."
FNB shares a few considerations when it comes to considering your estate plan and then ultimately how you draft your Will:
"It is important to invest some quality time and reflect on how you can apply some of these considerations to help you in keeping your Will as a blueprint to your financial planning journey. Never compromise when it comes to protecting your assets and planning required to pass your assets efficiently to the next generation. This way, your loved ones can commit to fulfil your key wishes even when you are not around. Don't wait any longer, draft or update your Will now," concludes Razack.
