In South Africa, for a will to be legally binding, it must meet specific criteria. Here’s what you need to know:
While oral wills might be valid in some jurisdictions, in South Africa, wills must be in writing.
The person drafting the will, known as the testator, must be over the age of 16.
The testator must be mentally competent, understanding the implications of their will.
The will must be signed by the testator and two competent witnesses, all present at the same time. Beneficiaries should not act as witnesses.
The will should clearly indicate the distribution of assets and name an executor to oversee this process.
Ensuring your will is valid is paramount. While the process might seem daunting, platforms like Capital Legacy can provide clarity and assistance.