Peace of mind when drafting your will
Peace of mind when drafting your will

Peace of mind when drafting your will

Gerine Hoff
Often people ignore or postpone drafting their will and pass on without doing so, leaving their immediate families in a state of financial uncertainty and the possibility of disputes amongst family members with regards to the distribution of their assets.
Bank Windhoek offers professional advice regarding estate planning and the drafting of wills, free of charge.
A will is a legal document that sets out your wishes on how and to whom your assets should be distributed in the unfortunate event of your death. Since a will is a legal document, it should be drafted by an institution that has the expertise and knowledge to apply your wishes lawfully.
“Bank Windhoek’s Trust and Estate department provides you with the expertise accumulated through years of experience. Anyone who is 16 years and older can approach Bank Windhoek to draft your will free of charge and be appointed as the executor of his or her will,” says Barry van Wyk, Manager of Trust and Estate at Bank Windhoek.
“The Trust and Estate department provides you with the services of drafting your will free of charge, gathering your assets and pays off all your debts and thereafter distributes the net assets of your estate in accordance with your will in the event of your death,” he says.
Bank Windhoek can also assist you in setting up a trust to make provision for family members who cannot care for themselves, such as under-age children or a disabled family member. A trust allows you to nominate your loved ones as beneficiaries and secures ongoing financial support for their care in the unfortunate event of your death.
“Bank Windhoek offers its services as a trustee and in doing so becomes responsible for ensuring the correct management of the assets for the benefit of the beneficiaries. Your assets can also be held in a trust until your minor children have reached a certain age at which time the assets are then distributed according to your wishes,” adds Van Wyk.
For more information, contact the Bank Windhoek Trust and Estate Department at 061 244 183 or [email protected].

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Republikein 2024-11-23

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