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padjakkels

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Everything posted by padjakkels

  1. 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
  2. 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 q
  3. PART 2 - Facts of estate Only @padjakkels can post here. Facts will be added here about the estate. Name: Joe Somebody Age: 40 Address: 3 Church Street, Stellenbosch. Married to: Sandy Somebody Kids: Mary (from 1st marraige), Mark and Scott Work: Bakkery - own business Who will inherit: ? ASSETS House : Market Value - R1,700,000 Cost? 2nd House : Market Value R1,500,000, Cost R500,000 EasyEquities account: R230,000 (invested R100,000) EasyEquities TFSA: R780,000 (invested R450,000) 2011 GTI : ? Bakkery - 95% BitX account - 3 bitcoins worth R12,000
  4. 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 t
  5. Are you asking me or @AndyC? Haha I'm asking everyone!
  6. care to share the area, R35K for 500 odd m² seems like a nice sit and hold Me and @padjakkels bought it together pretty impulsive if you ask me (: Its in Touwsrivier, so probably not a "good" area, but for the price by the heck not. == Welcome btw, hope you enjoy the stay here. Any suggestions what we should do with the property? Should we sell it again? Develop it?
  7. 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
  8. Not with the new minimum wages... My domestic worker only comes in once a week... and nothing broken in the 6 years I have her.
  9. Stumbled on this company: Madesure Home (I am not promoting them in any way!!) They have policies for low income employees, eg. domestic workers, garden workers, etc. Do you think it is worth while to take out a policy for your domestic worker? Basically for R95 per month, they get: Hospital benefits Hospital Cash Plan for Accidental Injury – R1,000 per day for up to 14 days P/A – 48-Hour waiting period. ER24: Emergency Medical Care with access to immediate medical assistance for you and your family. Available 24/7. Hotline 083 124. Hospital Guarantee Cash R7,500
  10. Original article: http://www.netwerk24.com/Sake/Ekonomie/sa-verloor-die-meeste-kapitaal-nog-20170104 The graph shows the flow of capital in and out of SA.
  11. Anyone buying bitcoin today? With Moody possible down grading today? Sent from my SM-A700F using Tapatalk
  12. Bitcoin. Hoping to make a few rands when Moody announces down grade. Bitcoin should climb then. [FACE WITH TEARS OF JOY] Sent from my SM-A700F using Tapatalk
  13. What is laracasts? Potcasts of lara croft? [FACE WITH TEARS OF JOY] Sent from my SM-A700F using Tapatalk
  14. Thanks.... but I do not like wechat...its drains my battery... but maybe its worth it and just disable wechat if Im not using it! EDIT: lol offer expired 31/08/2016!
  15. With Groupon that closed in S.A.... what alternatives are there? Suggestions: Dealzone - https://dealzone.co.za/ Catch of the day - http://catchoftheday.co.za/ Coupons - http://www.couponsa.co.za/ Vouchercloud - https://www.vouchercloud.co.za/ Picodi - https://www.picodi.com/za/ Deal Africa - http://www.dealafrica.co.za/# One day only - https://www.onedayonly.co.za Discount Vouchers - http://discountvouchers.co.za/ Snap n Save - https://snapnsave.co.za/ Do people still use this today? At some shops you get loyalty points also, do you use this? Can yo
  16. Yesterday I made a few rands on Bitcoin. I saw (only a bit late) that the value of Bitcoin have a steady climb... I bought R500 worth of Bitcoin through the BitX platform. About 4 hours I saw its coming down again, I then sold it quickly. I got R579 out again. So for that few hours, I made R79 which is not to bad. About 14%. So if one have the right timing, then you can make a few bucks with bitcoin. So it helps if the USA make news and negativly influence the value of SA Rand.
  17. The above is also available on Easy Equities JSE grants formal approval for listing Friday, 14 October 2016 Declaration announcement released on SENS Friday, 14 October 2016 Opening date of the initial subscription at 09h00 on: Monday, 24 October 2016 Closing date of the initial subscription at 16h00 on1: Tuesday, 25 October 2016 Letters of allotment (each an LA) issued2: Wednesday, 26 October 2016 Ramp-up Period in respect of cash subscriptions commences: Wednesday, 26 October 2016 Announcement of results and conversion ratio in respect of initial subscription: Wednesda
  18. What is said hereunder is not meant to be a comprehensive guide on wills. A will is a specialized document, which should preferably be drawn up by an expert like an attorney, trust company etc. The information is merely to inform the user of this site about some basic aspects of wills. Who is competent to make a will? All persons of 16 years and over, unless at the time of making the will he/she is mentally incapable of appreciating the consequence of his/her action. Who is competent to act as a witness to a will? All persons of 14 years and over and who at the time he/she witnes
  19. 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 n
  20. Good informative article! Thanks Sent from my SM-A700F using Tapatalk
  21. Submited mine...got a refund of about R4k...no audit... all the information on it was more or less the same as last year.
  22. Also try not to work weekends...you must have that balance... But sometimes you do have to work over weekends, but then there is a special reason for that.
  23. Wow, it grew alot... might be worth while as an additional 'type' of long term investment. We do a lot of estate planning at work, and I'm always curious how stuff is handled in the will - was the only reason for my question.
  24. Okay. Thanks. Curious question, did the value of your bitcoins grow over the 2 years? Another question,with all the security that bitcoin have, how have you provided in your will what will happen with your bitcoins when you pass away? Sent from my SM-A700F using Tapatalk
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