Independent on Saturday

YOUR QUESTIONS ANSWERED

THIS FEATURE IS SPONSORED BY PSG WEALTH

Email your queries to martin.hesse@inl.co.za or fax them to 021 488 4119

Important aspects of estate planning

What is the most important aspect of estate planning for my wife and children?

Name withheld

Gerhardt Meyer, a financial adviser and the head of technical support at PSG Wealth, responds:

Consideration should be given to the maintenance of your spouse, adequately providing for your children, and the overall liquidity of your estate to ensure that your wishes can be carried out as intended.

If you have minor children, it is important to protect their inheritance to avoid it being held by the Guardian’s Fund until they reach the age of majority, if you and your spouse pass away at the

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