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  1. 3 points
    STXEMG + STXWDM = ASHGEQ Well more or less...
  2. 2 points
    It's hard to know which local ETFs are best to invest in. At least with the offshore ones, ASHGEQ or STXWDM are no-brainers and either of them serves as excellent all-rounders. But locally, we don't get "All-rounders" of the same quality. Your Top40 and Top50 ETFs are market capped and you end up having 70% of your money in four or five shares, which is certainly not great. Then, there are the myriad of smart beta ETFs, each claiming to have a better methodology than the rest, but all untested. So for now, with my local ETFs, I have one third of my local portion of my TFIA in the new multi-factor SMART, one third in the momentum methodology NFEMOM and a third in quality shares with great fundamentals (STXQUA). But if you had to choose just one (or two) local ETFs, what would it be and why?
  3. 2 points
    You as an individual cannot open a pension fund. The company you work for can. As an individual, you can open an RA. RA - matures at retirement age. You'll then be able to buy an annuity with it which will provide you with income. Other than that, the only way to get money out of an RA is to formally emigrate or you have to prove that you'll basically die if that money doesn't become available (I've only heard of this, can imagine that it is borderline impossible). Pension - when you leave your current place of employment you'll have four options: Take the Pension money and move it into an RA Move the pension money to your new employer's pension fund Take the money and run (you'll pay tax on it) Move it to a preservation fund Preservation fund uses the same type of funds (regulation 28) as your pension and RA does, however you have the option of withdrawing from the fund once before retirement. Not sure if that restriction is per fund or per tax entity (you). Personally, I have a pension fund at 10x and an RA at Allan Gray. When I leave my current place of employment I will move my pension to a preservation fund. If I had to start an RA and only have one - 10x.
  4. 2 points
    So it's that time of the year again. I'm bored and prone to messing around with something that works. Buying a house wrecked my saving powers for a bit now I'm fortunate enough to top up my TFSA for the year. I already missed out on making any contributions last year because of said house and really didn't want a repeat. So with everything back on track I log into EasyEquities to take a good look at what my account is doing. I knew it was doing well but it is still nice to see a portfolio with everything in the green. Just goes to show: like nature conservation, time plus less human contact is about the best thing you can do for your investments. With that being said, let's change things! (I'm an anarchist). Over the last few years I moved everything to offshore ETFs. Considering my house, RA and pension all being very much exposed to SA I think it is a good idea to get maximum offshore exposure with your other investments. Currently it looks like this: CSP500 (stopped contributing to it in favour of STXWDM) STXWDM STXNDQ (30%) Knowing very well what I just said about international exposure, I thought about introducing PTXTEN back into the mix. CoreShares will amalgamate this and PTXSPY into a new ETF in the near future (not exactly sure of the date) and the changes they are making looks good to me. There's also the ETF5IT ETF from Stanlib which looks more tech concentrated than STXNDQ and maybe it is worth investing in GLODIV instead of STXWDM (the reason: although not a lot, it does pay some dividends and performance is not that far off the MSCI World). It is not heavy on tech stocks at all but STXNDQ/ETF5IT makes up for that. I can sell everything in my TFSA, start again and come up with something like this: PTXTEN / SA Property - 30% GLODIV / Offshore - 45% EFT5IT / Tech - 25% But because I may not want to incur extra cost for selling off (too many) funds in place of others, maybe something like this makes more sense: STXWDM (freeze it) and start contributing the GLODIV PTXTEN (in favour of the CSP500 already in there) STXNDQ (freeze it) and start contributing to EFT5IT ....told you it was the silly season
  5. 2 points
    Black Friday will take place Friday, 29 November 2019. When you come accross good Black Friday deals please post them there I will keep a list in the OP with all the good deals and participating stores. Please post what items you are looking for then we can all look around for deals on the day. Personally I would like to buy a 55" to 65" TV and whatever MTN deal is good this year. Companies participating in Black Friday 2019: Takealot: URL to be confirmed OneDayOnly: URL to be confirmed Makro: URL to be confirmed MTN: URL to be confirmed CellC: URL to be confirmed Pick n Pay: https://www.pnp.co.za/blackfriday HiFi Corporation: URL to be confirmed Checkers: URL to be confirmed BidorBuy: @Bandit you'll post the link here first right? Cybercellar: URL to be confirmed Game: URL to be confirmed Dion Wired: URL to be confirmed
  6. 2 points
    Hey guys, This thread also got me looking at my tfsa. Would it be advisable to get rid of either my coreshares top50 or satrix divi plus, and use that to invest in ptxten ? I currently have 11K in each. Top50 is currently 3.9% down (- R470) Divi plus is currently 1.2% down (-149) Or would it be better to start from scratch with ptxten ? Thanks.
  7. 2 points
    If I were to choose just one ETF to invest in, without a doubt in my mind, it would be the Ashburton Global 1200 Equity ETF (ASHGEQ). If I had to choose just one, I would never go country specific like US or Japan - this just has too much concentration risk - get a bad president or a war in that country and might just lose all your money - I'd definitely go for a world index. Therefore, from your list, I'd immediately disqualify SYGJP and SYGUS. From the two world ETFs on your list, both STXWDM and SYGWD track the same index but Sygnia charges double the fees. Therefore it gets disqualified too. So we are left with STXWDM, which is an excellent ETF and would be my second choice after ASHGEQ. There are two reasons why I prefer ASHGEQ over STXWDM: 1) ASHGEQ has some emerging market exposure, which traditionally provides better growth than developed markets over long periods, whereas STXWDM is only developed markets (safer, but less growth). 2) ASHGEQ is more diversified than STXWDM, lowering the downside risk. ASHGEQ is slightly more expensive than STXWDM in terms of fees, but I still think the possibility of better returns from ASHGEQ, as well as the better diversification, do justify the fees and will be worth it in the long run. So for your second question - what would be a good first ETF? Either Satrix MSCI World (STXWDM) or Ashburton Global 1200 (ASHGEQ) would be excellent choices, in my opinion.
  8. 2 points
    Your timing is impeccable! PTXTEN usually declares their 3rd quarter dividend on or around 4 October, to be paid out in the middle of the month. So you can expect a nice bonus from the ETF later in the month! In fact, I've received over R1000 dividends from PTXTEN already in my TFIA this year,. It's a lovely feeling seeing that much money just suddenly appear in your account out of nowhere!
  9. 2 points
    I love my PTXTEN ETF! The dividends are fantastic at 9.4% per annum (currently), and with the new changes, I'm hoping for excellent growth as well. I wouldn't be surprised in this one gives the best total return of all over the next few years. Plus, it has never been this cheap to invest in property! On top of that, the massive dividends are completely tax free, making this particular ETF one of the best ETFs on the market in terms of tax savings. GLODIV is a really nice ETF too, but i think it is better outside of a TFIA as the foreign dividends are not tax exempt. If it were up to me me, I'd stick with STXWDM.
  10. 1 point
    Different approach: if you think local think emerging markets. Rather invest in STXEMG instead of a local ETF. There is a discussion somewhere on the forum on the correlation between local vs emerging market index.
  11. 1 point
  12. 1 point
    Benefit of a TFIA if you start it early enough is that although your contribution limits are low the years it has to grow in value will result in quite a sum of money. Chances are that those limits will increase a couple of times more in the coming decades before you retire. Once you reach retirement (or have enough funds in your TFIA) you can use it to buy income generating funds which will provide you with additional income (tax free).
  13. 1 point
    All I'm going to say is this: Assuming you bring in a R20,000 pm salary, SARS will take R2,722.06 and leave you with R17,277.94. Assuming you pay 15% of your salary into an RA (and your payslip is structured like a pension fund), SARS will take R1,942.06 and you'll be left with R15,057.94. So for the R3,000 you saved into an RA/Pension, you are only R2,220 "poorer" and scored R780 (that's about 25% growth right there depending on how you look at it). If your salary wasn't structured you'd get back almost R10,000 from SARS come EFiling season provided you include it on your tax return. Now, it's not all sunshine and roses. The money in the RA/Pension will be taxed again at some stage and you don't know what the tax climate is going to be like at that time. They're also talking about prescribed assets (Eskom, Telkom etc) which is a concern. I reckon that if you can afford an RA you should definitely make use of it (a Pension Fund is even better imo, less rules). If you cannot easily afford it you should probably go speak to a financial advisor but I'm willing to bet good money that their response will be the stock standard: Get insurance Settle debt Secure retirement Look at other investments (TFSA). So if you do go see an FA, get one that charges for the consultation and with a good reputation and most importantly: DON'T SIGN ANYTHING. Listen...
  14. 1 point
    But in all seriousness - if you had ASHGEQ and SMART you probably have a better portfolio than most other people out there. Can't go wrong with that combination for a strong investment foundation.
  15. 1 point
    Locally it would have to be SMART (sensible choice) and ETFRHO (for now...because it is flying). I'm up 150% with ETFTHO (kicking myself I didn't have the foresight to push my entire life savings into it ) but it can't continue like this forever.
  16. 1 point
    Yes, it is definitely worth getting an RA! An RA works as follows: - You pay a monthly investment premium not exceeding 15% of your income (or you lose some tax benefits). -The premium is invested in actively managed funds (similar to units trusts) on your behalf by the finance house. - When you do your tax return each year, SARS refunds all the tax paid on the amount you invested during the tax year for your RA. (In other words, since you will not be relying on a state pension later, SARS will waive the tax now of any money earned that you invest in an RA as an incentive). - You cannot withdraw the money until retirement age. (Well, theoretically you can draw the money before retirement but there are extremely heavy penalties plus you have to pay back all the tax you ever got refunded, leaving you with very little). - The money is untouchable by anyone, even if you go insolvent - it will be there when you retire. On retirement, you have two choices (or you can split your money into these two options according to the percentage you choose): 1) You can buy a life annuity from the insurance company with your money (or part of your money). This means you pay a once-off premium (a percentage of your RA savings) for a guaranteed salary (plus inflation-related annual increases) for the rest of your life. You will receive a guaranteed salary until the day you die, irrespective of the age that you die. After you die, you don't get any of your capital back from the money spent on this option. 2) You can invest in a living annuity with your money (or part of your money). This means that the capital is invested and you take a certain earnings from the investment each month. Your salary is not guaranteed, but varies according to the market. This option pays a higher monthly retirement salary, but at some age, if you live longer than estimated, the money may run out (since you draw a little of the capital each month). If you die earlier than expected, the remaining capital forms part of your estate. Most people do a mix of the two - for example, use half their RA to make sure they are supported until death, and the other half to live the good life until, say 80 years old.
  17. 1 point
    I was happily surprised by SMART's distribution. It's the first time SMART has distributed (being a new ETF) and it was way better than I expected at 44c per share.
  18. 1 point
    Happy dividend day! It's not a lot, but there's something magical about money just appearing in your account
  19. 1 point
    I've been doing some research and I may be wrong. From what I have gathered, an ETN basically backs or works with commodities traded (correct?). Since people have said that Bitcoin is more like a commodity, do you think it's possible to have an ETN that is linked to the price of Bitcoin or other cryptos?
  20. 1 point
    I don't think I'd sell my CTOP50 or STXDIV if I were you. Property is a different asset class and its behaviour is (theoretically) uncorrelated to equities, and ideally you should have both equities and property. If I were you, I'd keep what you have and buy PTXTEN from scratch. Also, like Bandit suggested, you should throw some offshore equities into the mix as well.
  21. 1 point
    Depends on why you want to switch. If you believe in property shares then sure, if it's only because the other's are down then ask why you invested in them in the first place. PTXTEN isn't exactly having a great run. Might better to just leave it as is and start funding an offshore ETF like ASHGEQ (or sell those two and push it all into ASHGEQ and start funding PTXTEN on the side?)
  22. 1 point
    Thanks for the useful info. I will follow the latest news. I started playing bitcoin game on syndicate casino to win some coins. As for me it's the easiest way to get crypto fast. Plust they give bonuses for new players.
  23. 1 point
    Guess that makes sense. Comes down to affordability. I reckon 30 years is fine as long as you can meet more than the repayment right now and fairly sure you can up it even more in the coming years.
  24. 1 point
    FWIW: I've heard that the best time to renegotiate your interest rate is after two years of bond repayments.
  25. 1 point
    From personal experience and the experiences of several of my friends, SA Home Loans tends to be much more flexible and willing to negotiate interest rates than the banks. Recently, a friend of mine called them and offered to move her Nedbank home loan to them if they offered a better interest rate. She was paying 12% at Nedbank and they dropped her interest rate to 10.2% and covered the bond costs. And when I was buying, SA Home loans made me an offer of prime rate. I asked them if they would drop the lending rate by 0.25% and they said they would do so if I increased my deposit by a certain amount, which I did. So, after approval in principle, they certainly are willing to negotiate interest rates depending of your, and the property's, risk profile, as well as the deposit you're prepared to put down. Also, I've had my bond with them for almost seven years and I'm very happy with their service. You really should give them a call...
  26. 1 point
    I've currently got: Inside TFIA: SMART: 12% NFEMOM: 12% STXQUA: 12% PTXTEN: 24% ASHGEQ: 20% STXEMG: 10% SYG4IR: 10% Outside TFIA: GLODIV: 33% GLPROP: 33% STXNDQ: 33%
  27. 1 point
    So I ended up doing this: PTXTEN 16% ETFGRE 18% STXWDM 41% ETF5IT 25%
  28. 1 point
    Every month for the past few years, I have looked forward to Nerina Visser and Simon Brown doing their two episodes per month of "ETF investor" that can be watched on YouTube. And then in September, suddenly nothing! Does anyone know what happened?
  29. 1 point
    Maybe if we are lucky, the man himself @SimonPB can give you an answer.
  30. 1 point
    Yes, and to be more precise: 7% STXEMG (excluding Africa) + 93% STXWDM = ASHGEQ Except that the split of securities is also slightly different. STXWDM has 25% financials and 18% Tech, whereas ASHGEQ has 15% Tech and 14% financials. ASHGEQ is more diversified across sectors as well as countries.
  31. 1 point
    If you could only invest in one single ETF what would it be? What would you recommend as a good First ETF to invest in? my top 4 choices am thinking of are :Sygnia MSCI World, Sygnia MSCI US, Sygnia MSCI Japan or Satrix MSCI World. any Advice is appreciated.
  32. 1 point
    I don't know if "bad idea" would describe investing in both, but it is certainly not the most efficient. Firstly, your fees will be duplicated, and secondly, basically ASHGEQ is almost the same as STXWDM plus additional exposure to emerging markets (ie. China, Japan, Asia, South America and Australia). Doing both kind of defeats the object as you are basically then simply cutting the emerging market exposure portion of ASHGEQ in half, which defeats the whole point of going ASHGEQ in the first place. There is an excellent article on Simon Brown's JustOneLap that I would highly recommend that you read carefully before making your choice: https://justonelap.com/etf-understanding-the-ashburton-1200-etf/ P.S. I have ASHGEQ in my TFIA and my wife has STXWDM in hers. I think you should decide whether you would like emerging markets exposure in your ETF of if you only want developed markets. Then choose the appropriate one and buy that one only, else you will be wasting money on extra fees every month. Both are excellent, and whichever way you choose, you won't be making a mistake.
  33. 1 point
    ASHGEQ, hands down.
  34. 1 point
    Nice. Could use something new in the top 40
  35. 1 point
    Hi janvdwest I'm not a tax expert, but the way I understand the tax on trading is as follows: When buying or selling a share, you first pay brokerage and Strate fees (which are not taxes), and VAT is levied on these costs. The first direct tax you pay is the securities transfer tax of 0.25% which is levied on every transfer of a security. When you sell a share at a higher price that you bought it for, only the profit is considered to be capital gains (not the whole proceeds of the sale). The first R40,000 of capital gains you make per year is exempt from tax. Any capital gains above R40,000 is taxed at 18% p.a. for individuals and 22.4% p.a. for companies. When a South African company pays a dividend, it withholds tax of 20% on the dividend that it pays (not 15% as you mentioned in your post - that was increased in 2017). When an individual receives the dividend from a South African company, it is exempt from tax, because the tax has already been withheld and paid over to SARS by the company paying the dividend. There is no VAT on dividend income. Income earned from REITs (Real Estate Investment Trusts) is not considered as dividends and there is no withholding tax on these. However, this income should be declared as income on your annual income tax return and will be taxed along with your overall assessment according to your normal tax bracket in the same way as if you rented a property out yourself. When you finally dispose of your REITs, then any profit made from the difference between the selling and buying price of the REITs is considered a capital gain, taxed at 18% p.a. for individuals and 22.4% p.a. for companies (also subject to the R40,000 exemption for total capital gains per year). Then, finally, dividends, income and capital gains earned within a tax free investment account are exempt from all of the above taxes (except for VAT on brokerage and strate fees, of course).
  36. 1 point
    Could somebody please explain tax expenses on trading? Does one pay capital gains tax on share sales and 15% VAT on dividend income? Is the 15% a flat rate regardless of the size of portfolio? How do these tax fees compare to international costs? Are these the only taxes involved? Is it possible for a business to own a portfolio?
  37. 1 point
    Service/Product Description: We supply white and brown river stones to nurseries and landscapers accross the western cape. Location: We are situated in Worcester and deliver accross the Western Cape. Availability: Monday to Friday 9 am to 7 pm and Saturday and Sunday 9:30 am to 2 pm. About us: For all your riverstone needs in Landscaping. We supply boulders, stones and pebbles in different sizes. Small/golfball (25-75mm), medium/cricketball (75-100mm) and large/ostrich egg (100-150mm) stone are packed in strong(170micron) UV treated clear plastic bags. We also sell stone per cube and depending on the size of the stone a cube is roughly 1.5 ton or 70 bags. Cape River Stone is your gateway to the world of natural stone in architecture and the landscape. Whether you are a homeowner, landscaper, mason, builder or architect, we're here to supply you with the material (River Stone, Pebbles, gravel etc.) and inspiration to make your stone project a reality. Links (optional): https://caperiverstone.co.za/
  38. 1 point
    Any person of 16 years and over is free to make a will in order to determine how his/her estate should devolve upon his/her death. If you die without a will, your estate will devolve in terms of the rules of intestate succession (your assets will, contrary to general belief, not go to the state). What is said hereunder is not meant to replace the provisions of the Intestate Succession Act, no. 81 of 1987. The information is merely to inform the user of this site about some of the basic questions asked about intestate succession. Deceased is survived by a spouse or spouses, but not by a descendant/s. The spouse or spouses will inherit the intestate estate. In the case where the deceased was a husband in a polygamous marriage the surviving spouses will inherit in equal shares. Deceased is survived by a descendant/s, but not by a spouse. The descendant or descendants will inherit the intestate estate. Deceased is survived by a spouse or spouses, as well as a descendant/s. Each spouse will inherit R250 000 or a child's share, whichever is the greater and the children the balance of the estate. A child share is determined by dividing the intestate estate through the number of surviving children of the deceased and deceased children who have left issue, plus the number of spouses who have survived such deceased. NOTE: In case of a marriage in community of property, one half of the estate belongs to the surviving spouse or spouses and , although it forms part of the joint estate, will not devolve according to the rules of intestate succession. For more information on the Intestate Succession Act, no. 81 of 1987 please consult the act or your legal representative. The following two examples will illustrate what is said above about the child's share: Example 1: Value of intestate estate is R550 000. The deceased is survived by a spouse and 3 children. A child's share amounts to R137 500 (R500 000 divided by 4 (3 children plus spouse)). The child's share is less than R250 000. Therefore the spouse will inherit R250 000 and each child will inherit R100 000,00. (R500 000 less R250 000 to spouse, divided by 3). Example 2: Value of intestate estate is R1 250 000. The deceased is survived by a spouse and 3 children. A child's share amounts to R312 500 (R1 250 000 divided by 4 (3 children plus spouse)). The child's share is greater than R250 000. Therefore the spouse will inherit R312 500 and each child will also inherit R312 500 (R1 250 000 less R312 500 to spouse, divided by 3). Deceased leaves no spouse or descendants, but both parents who are alive. His/her parents will inherit the intestate estate in equal shares. Deceased leaves no spouse and no descendants but leaves one parent, while the deceased parent left descendants (brothers/sisters of the deceased). The surviving parent will inherit one half of the intestate estate and the descendants of the deceased parent the other half. Deceased leaves no spouse or descendants but leaves one surviving parent, while the deceased parent did not leave any other descendants. The surviving parent will inherit the whole estate. Deceased does not leave a spouse or descendants or parents, but both his parents left descendants. The intestate estate will be split into equal parts. One half of the estate is then divided among the descendants related to the deceased through the predeceased mother and the other half among the descendants related to the deceased through the predeceased father. Deceased does not leave a spouse, descendant or parents, but only one of the predeceased parents left descendants The descendants of the predeceased parent who left descendants, will inherit the entire intestate estate. The deceased does not leave a spouse or descendants or parents or descendants of his parents. The nearest blood relation inherits the entire intestate estate. The deceased is not survived by any relative. Only in this instance will the proceeds of the estate devolve on the state. What is the position with regard to an illegitimate child of the deceased. An illegitimate child can inherit from both blood relations, the same as a legitimate child. What is the position with regard to an adopted child of the deceased. An adopted child will be deemed to: * be a descendant of his adoptive parent or parents. * not to be a descendant of his natural parent or parents, except in the case of a natural parent who is also the adoptive parent of that child or was, at the time of the adoption, married to the adoptive parent of the child. Source: http://www.justice.gov.za/master/m_deseased/deceased_intestate.html
  39. 1 point
    Coincidentally, this week is National Wills Week (or "Free will" week) at many participating attorneys in South Africa. A list of participating attorneys who will do your will for free can be found on the website of the "Law Society of South Africa" https://www.lssa.org.za/our-initiatives/advocacy/national-wills-week But many other attorneys who didn't send their names through will still do it for you.
  40. 1 point
    No - basically the executor will consolidate your estate (ie. he/she will get an attorney to search for all your accounts and policies using your ID number) and will combine these into a trust account. Then your will will say how to divide the total. No need to specify details. You can usually just say "30% to X and 70% to Y" unless, of course, you have personal items that you want to go to someone in particular, then you can specify those. Many attorneys (conveyancers in particular) will actually do a will for free without expecting anything in return. They may just suggest that " One day if you sell your house you can nominate me as the transferring attorney" or something along those lines. Most people will feel loyalty towards that particular attorney because they do/regularly update your will for free. In essence, you can actually do your will yourself, but it will only be valid at the Masters office (when it is executed) if it complies to all the procedural rules. These include stuff like that the witnesses must be identified in the will and be traceable and other technicalities like this, since there is a lot of scope for fraud with wills (because there are usually many versions of a will and only the most recent one applies, so the Master has to verify that you actually did the will.) If anybody contests the will, the witnesses must be traceable and swear that they signed the will etc. This is to protect the rights of the deceased. Thus it is in your best interest to contact an attorney.Tell them you want to appoint family members as executors. It should usually cost you anything between free (minimum) and R1000 maximum.
  41. 1 point
    Dont know where Sygnia are on the the BC/ Crypto thing, they seem to have gone quiet. Agree kudos to ZAR X. Blockchain was made for Unit Trusts, its a match made in heaven I think This press release is light on detail about who is going to be disrupted, there are almost always winners and losers
  42. 1 point
    Anybody else noticed a drop in eBucks earnings the last two or so months?
  43. 1 point
    Didn't think about that... ok fine, you'll do
  44. 1 point
    I've put some money into DCX10 yesterday myself when it launched on EE, the great thing I like about it is the Weight is calculated on the Market cap of the coin from their Top 10 Coins on their Index, so yesterday Bitcoin was on 66% Weight it is now on 68% as the Market Cap increased for Bitcoin and Eth is on 11%, another platform I've seen called Rivex they just do 10% Weight on the Top 10 Coins which I don't like at all, I definitely like DCX10's strategy.
  45. 1 point
    Please post any questions here about the facts of the estate. Process: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Questions on estate planning -Any questions about the estate planning can be posted here.
  46. 1 point
    Welcome to Wills and Testaments 101 Why is a will important? A will instruct how you estate must be dealt with as per you last wishes. Clear instructions will make it easy for your relatives and you will avoid unnessary family disputes. What will happen if I do not have a will? Will all my assets go to the government? No, there are certain rules that must be followed for a intestate succession. You can read more about it here. Most South Africans do not have a will.... We want to create an interactive series showing members what the process is of drawing up a will and testament, consider the following scenario below which will act as the basis of this series. Joe wants to draw up a will for himself but are not sure where to start and how the process will work. We want to gather information about Joe from the forum. So it will be random information that will make up his estate. We will then work through the process on the forum with lots of time for questions and suggestions. The result will be a final will, but we will even go further and do an estate planning also. With the estate planning we will be able to see how the estate play out in rand value, what costs there will be, who will inherit what, etc. The process will be as follow: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Wills and Testaments 101 - Questions on the estate planning Any questions/information can also be emailed to [email protected] or posted in this thread.
  47. 1 point
    Any questions about the estate planning can be posted here when we get to that part in the series. Process: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Questions on estate planning -Any questions about the estate planning can be posted here.
  48. 1 point
    The full estate planning will be added here when we get to that part in the series. Process: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Questions on estate planning -Any questions about the estate planning can be posted here.
  49. 1 point
    The final will and testament will be added here when we get to that part in the series. Process: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Questions on estate planning -Any questions about the estate planning can be posted here.
  50. 1 point
    Interesting read. Any idea on the easiest and least costly avenue to get a will drawn up? Well, from an accountants view, I would suggest go to your accountant or attorney for help. But the average Joe do not have one of these. Another option is to go to your bank, but to them you are only a number and you can not negotiate the executors fee to a lower percentage. And their customer services are NOT great, I speak from experience. Another option is to get templates from internet, copy and paste them into one document, but you will never be certain if you left anything out or that something will be confusing/not clear in your will. Best will be the to approach someone professional.
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