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205 The structure of a good will

205 The Structure of a Good Will

December 15, 20212 min read

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So you've given in to the nagging voice in your head that says you need a will (because you need a will), now what?

Because it's so important that you put the effort and research in to create a will, this weeks episode is all about the structure of a will, and what needs to be included to make it a GOOD one.

Show notes:

  • [01.11] A recap of the biggest mistakes made in wills.

  • [02.27] The will itself.

  • [02.49] The three major roles in a will.

  • [14.00] The structure of a will.

Quotes

“If you hire a professional executor in South Africa they are allowed to, by law, charge 3,5% plus VAT.” – Lisa Linfield

“Guardians look after your children.” – Lisa Linfield

“If a child is going to one of your nominated guardians, they’ve lost both of you at the time. And so be careful of ripping them out of their context.” – Lisa Linfield

“The money is a core portion to the trust, so you need people who really understand money in order to effectively manage this trust.” – Lisa Linfield

"And then you have peace of mind, and there's so much to be said for peace of mind." - Lisa Linfield

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TRANSCRIPT

Lisa LinfieldChristian MoneyPodcastDonna McCallumFairy GodmotherBusiness OwnerEntrepreneurdeath dyingexecutorguardianwilllast will and testament
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Lisa Linfield

Lisa Linfield is on a God-given mission to free 1 million women from the weight and stress of money. She's a CFP, founder of a wealth management business, and podcast host of Working Women's Wealth

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