Managing your assets for life and legacy
People's legacies are built across generations, connecting the past, present and future. Wealth, as part of a legacy needs to be carefully managed and protected in order to be passed on.
An estate is more than a home. It is comprised of everything someone owns - essentially their net wealth, their property, car, money, investments, business interests, and their personal possessions.
What this is
Protect your legacy
The aim of an estate plan
- The primary goal of an estate plan is to transfer wealth to an identified set of beneficiaries in such a way that they enjoy maximum benefits
- An estate plan is never a once-off exercise and must evolve as life changes
- An estate plan can provide for the maximum transfer of wealth to the next generation
- Creating liquidity for the payment of anticipated liabilities that may arise when you pass away, such as executor's fees, estate duty and capital gains tax
- Ensuring that your estate is administered efficiently
- Minimising costs and taxes that may be payable such as executor's fees and estate duty
- Ensuring that the future growth of assets is not limited
- Protecting assets
- Preparing a flexible plan which can be amended as and when your circumstances change
Maintaining an estate plan
Because life changes
An estate plan should be reviewed if there has been a change in your circumstances.
- Recently married, divorced or widowed
- Had a baby, adopted a child or became a grandparent
- Potential purchase of an asset/s
- Potential sale of an asset or assets which are bequeathed in terms of your will to an heir
- Experienced a change in your personal or financial situation
- Change in legislation e.g. the Budget Speech made by the Minister of Finance
- Acquisition of a new business - succession planning is crucial
Helping you plan for the future
We help you figure out what you have, where it's going, and what your goals are so that you can plan ahead for long-term living.
A will could potentially be one of the most important documents you will ever sign.
A trust puts you in control of your future.
You need to nominate an executor in your will.
Getting it made easy
- Service is available to all potential and existing FNB clients.
- Have all relevant information about your financial affairs available.
Ways to apply
Call me back
Other ways to apply
Contact your financial advisor
First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20).