Advice for your estate
Ensure you leave the legacy you mean to
Our comprehensive services include estate planning and drafting of your will to ensure your assets are distributed efficiently and according to your wishes when you pass away. We also offer local and offshore trust services, to manage the assets in your estate efficiently.
Estate planning
Estate planning includes wills, local and offshore trusts, asset restructuring, business assurance, succession planning, tax considerations and offshore structures.
Drafting your will
Our fiduciary advisers can help you to draft your will, which stipulates how your estate should be divided when you pass away, ensuring that it meets your needs and all the necessary legal requirements.
Trusts
Trusts are a legal entity administered by trustees, for the benefit of the beneficiaries.
A trust can be used:
- Protect assets from creditors / prodigal family members or loved ones
- for, succession planning
- to, potentially, reduce estate duties
We have the expertise and experience to meet your estate planning needs, including the drafting of your last will and testament while meeting all legal requirements. Contact an adviser to discuss your unique needs.
Click to read more about our local and offshore trust offering
Local & offshore trusts
Local trusts
Our in-house specialists and third-party providers can help you to set up an inter vivos trust, which is put in place to manage your assets efficiently. We will determine your needs and advise you on the most suitable trust structure, taking your estate plan into account. We will draft and register your trust and can advise you on drafting financial statements for your trust.
Offshore trusts
We have agreements with approved corporate trustees to provide corporate trustee services in Mauritius and various other jurisdictions. The Mauritian agreements are regulated and licensed by the Financial Services Commission of Mauritius.
This offers a number of benefits:
- Diversifies political risk: Your trust assets will be held and controlled outside of South Africa.
- Provides a currency hedge: Investments into a hard currency (British pounds, euros or US dollars) protect your assets if the rand falls
- Your trust is a separate entity, making it easier for your beneficiaries to access the assets after your death through perpetual succession.
We have agreements with approved corporate trustees to provide corporate trustee services in Mauritius and various other jurisdictions. The Mauritian agreements are regulated and licensed by the Financial Services Commission of Mauritius.
This offers a number of benefits:
- Diversifies political risk: Your trust assets will be held and controlled outside of South Africa.
- Provides a currency hedge: Investments into a hard currency (British pounds, euros or US dollars) protect your assets if the rand falls
- Your trust is a separate entity, making it easier for your beneficiaries to access the assets after your death through perpetual succession.
Deceased estates
A deceased estate is made up of all the assets and liabilities you leave behind at death. Administering a deceased estate involves distributing assets to your beneficiaries after all debts have been settled. This process is regulated by law and is overseen by the Master of the High Court.
We can act as executor/agent to the executor for a deceased estate, taking care of all the administrative requirements.
The administration of a deceased estate is a specialist field.
The maximum Executor's fees are set out by Chief Master Directive, currently being:
Executor's remuneration
3.5%
(excl. VAT)
calculated on the gross value of assets as at death
Income collection fee
6%
(excl. VAT)
calculated on all post-death revenue
Find an adviser
With more than 250 adviser offices across South African and Namibia, you can benefit from objective and expert advice from a PSG adviser, wherever you are.
Our qualified financial advisers consider your needs and work with you to identify and plan for your financial goals. This includes investing to achieve these goals, insuring your everyday and specialist risks, optimally structuring your estate, making smart investment choices, structuring your portfolio and implementing employee benefit solutions for your business.
Ensure you leave the legacy
Our comprehensive services include estate planning and drafting of your will to ensure your assets are distributed efficiently and according to your wishes when you pass away. We also offer local and offshore trust services, to manage the assets in your estate efficiently.
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