Empowering people with information to help them make informed financial decisions.
Welcome to Gamma Wealth - An Authorised Independent Financial Services Provider. Clients that work with a professional financial planner can have up to 30% more income during retirement. We offer a range of services such as investments, retirement & estate planning, Life Cover, Business Risk Insurance, Will & Estate Cost Reduction and Short Term Insurance.
31/10/2022
Tip 8: Recently got divorced? Amend your will today.
If you do not amend your will within 3 months after divorce and die, it will be assumed that you wanted your ex-spouse to inherit as before the divorce.
If this is not what you want, you need to amend your will urgently.
Reach out to learn more… https://zcu.io/0VMk
27/10/2022
Tip 7: Be clear about what item or asset goes to whom.
This will prevent unnecessary conflict in an already difficult time for your family.
If you have any questions or comments please contact me.
Reach out to learn more… https://zcu.io/0VMk
Tip 6: Make sure there is enough cash in your estate.
There are significant costs in winding up an estate, Estate duty, Executors fees, and Transfer fees to name but a few.
Should your estate be insolvent, some assets may have to be sold off at auction to obtain cash to pay for the costs… A small life cover policy without any nominated beneficiaries should cover this need.
Reach out to learn more… https://zcu.io/0VMk
19/10/2022
Tip 5: Make sure there is cash flow for your family for six months at least.
In the event of death, all your bank accounts, unit trust investments and fixed deposits get frozen.
Your family will not be able to access the funds until your estate is finalised, this can take months or even years. If you were the main breadwinner how would you pay the household expenses, buy food, and pay school fees?
A Life income product could cover this need, it is inexpensive and pays out on a monthly basis for the term you selected, 12 months, 24 months or longer depending on your needs.
Reach out to learn more… https://gammawealth.co.za/wills-and-estate-planning
13/10/2022
TIP 4: Appoint a guardian for your minor children in your will.
This is someone whom you trust will look after your children should something happen to both parents.
The guardian should also be nominated as a joint trustee for the testamentary trust to ensure they get the funding they need for your children’s care when they need it.
Reach out to learn more… https://zcu.io/lyml
Tip 3: Create a testamentary trust to care for your minor children.
Get a will and set up a testamentary trust. Make sure there is SUFFICIENT FUNDING for the testamentary trust to care for your children, for them to complete school, get an education and become productive members of society.
Should you choose to not create this structure for the care of your minor children your money will likely go into the state-run trust for children. Reach out to learn more… https://gammawealth.co.za/wills-and-estate-planning
03/10/2022
Tip 2: Intended beneficiaries should not witness your will.
The witnesses of your signature in your will are automatically excluded from benefiting from your estate.
The will is still valid, the witness will however forfeit their inheritance from the will.
Reach out to learn more… https://gammawealth.co.za/wills-and-estate-planning
28/09/2022
Tip 1: Don’t Procrastinate…
There are many reasons do a will – even if you are single. The biggest reason is to ensure family and loved ones don’t have to deal with an admin and financial nightmare if you’re gone. We can do your will in as little as 15 minutes. Chat to me today – don’t hesitate.
Reach out to Learn More... https://gammawealth.co.za/wills-and-estate-planning
23/09/2022
This month we will unpack 8 tips that you need to take to heart considering your WILL & ESTATE PLANNING.
For the full article – have a look here:
Please don’t procrastinate – let’s get your Will sorted today for free. It only takes a few minutes.
Reach out to Learn More... https://gammawealth.co.za/wills-and-estate-planning