{"id":3647,"date":"2020-11-09T08:00:23","date_gmt":"2020-11-09T06:00:23","guid":{"rendered":"http:\/\/contattoblogs.timslatter.co.za\/?p=3647"},"modified":"2020-11-09T08:00:23","modified_gmt":"2020-11-09T06:00:23","slug":"what-lockdown-taught-us-about-wills","status":"publish","type":"post","link":"https:\/\/zcp.co.za\/main\/what-lockdown-taught-us-about-wills\/","title":{"rendered":"What lockdown taught us about wills"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">When lockdown happened, it happened fast. For some, there were only a few days to prepare for an indeterminate time of severe restrictions. For others, they had more to do and less time in which to do it.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Travellers were stuck abroad in foreign countries and had to follow equally foreign regulations. At times like these, risk cover and emergency funding are a crucial crutch when our finances and our freedoms are crippled.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Granted, few people have such extensive financial resources, and many experienced an even more challenging time after the economy was halted. There are legal documents that can give us extended peace-of-mind so that we have less to worry about. A will, last testament, and estate plan are documents that we can use to bolster our financial plan\u2019s reach and health.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Here\u2019s the thing about financial planning: we don\u2019t plan out of fear; we plan so that we can extend our peace-of-mind. This is why wills form such a key role in our planning.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Global panic in early-to-mid 2020 led people worldwide to think about these documents, and requests for them to be drawn up or updated were aplenty. The risk of creating these documents under duress is that we can make mistakes, sometimes in what they cover and other times in their legitimacy when official procedures are overlooked (or not available as in hard lockdown).<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">We seldom have warning for life-changing events, and while it\u2019s easy to say that \u2018we should have planned\u2019, we can be proactive after the event and choose to thoroughly investigate our plan right now &#8211; in our time of recovery and rebuilding.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Many of our notable companies who make these documents more readily available and ensure that they\u2019re correctly adhered to in their compilation and execution made a plan during hard lockdown to ensure that their clients were adequately protected. This reminded us that it wasn\u2019t impossible; it was just more challenging.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">As the pressure lifts (for however long), we have the opportunity to reassess our wills (and any other elements of our financial portfolios) and estate plans. We no longer live in the age of a handshake or a gentleman\u2019s agreement. We live in a world striving for equality and freedoms that have the trade-off of potentially leaving us more exposed and vulnerable if we don\u2019t have our responsibilities attended to.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">As Mvuzo Notyesi, president of the Law Society of South Africa, says, \u201cIf you are a parent, a breadwinner, a homeowner and generally want to ensure that your affairs are in order, it is important that you have a valid will drafted by an attorney.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When lockdown happened, it happened fast. For some, there were only a few days to prepare for an indeterminate time of severe restrictions. For others, they had more to do and less time in which to do it. Travellers were stuck abroad in foreign countries and had to follow equally foreign regulations. At times like [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3648,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,28],"tags":[],"class_list":{"0":"post-3647","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-blog","8":"category-market","10":"post-with-thumbnail","11":"post-with-thumbnail-large"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What lockdown taught us about wills - ZC PRETORIUS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zcp.co.za\/main\/what-lockdown-taught-us-about-wills\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What lockdown taught us about wills - ZC PRETORIUS\" \/>\n<meta property=\"og:description\" content=\"When lockdown happened, it happened fast. For some, there were only a few days to prepare for an indeterminate time of severe restrictions. For others, they had more to do and less time in which to do it. Travellers were stuck abroad in foreign countries and had to follow equally foreign regulations. 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