08 Jan Estate Planning For Unmarried Partners
Here are some useful points for you to keep in mind.
Estate planning for unmarried partners is essential. Even if you and your partner don’t want to get married, you need to think about having an estate plan in place for the future. It is imperative that you and your partner have an estate plan that considers your particular situation while also protecting both of you, and any of your loved ones.
Take a look at these tips:
- You need to have a will if you would like to leave your assets to your partner. Having a will is beneficial. In your will, you can name your partner to inherit your assets.
- Do you and your partner have young children together? You can name a guardian for your young children, in your will.
Now that you know more about estate planning for unmarried partners, you need to make sure that you and your partner have an estate plan.
DR MERVIN MESSIAS
JD (Juris Doctor) / BA, LLB (Wits) / TEP (Trust & Estate Practitioner) / MTP (Master Tax Practitioner – S.A)