Estate Planning

Estate Planning does not only include measures that come into effect at the death of the owner of the estate. There are also planning aspects that may be put into effect during the lifetime of the estate owner.

A common misconception about estate planning is that it revolves solely around life assurance policies. This is incorrect as, although life policies are often taken into account, comprehensive planning involves the structuring of wills, trusts and donations. Issues such as marital contracts, CGT and income tax all need to be taken into account.

Estate planning essentially involves structuring your personal financial affairs in such a way that, upon your death:

• estate duty(‘death taxes’) is minimized
• there is sufficient liquidity to meet the estate's financial obligations
• inheritances are sufficiently protected for your heirs

To reap the full benefit of good estate planning - and to avoid the many pitfalls - it is essential to obtain advice from a skilled specialist or an advisor with access to such a specialist. 

Preparation of Last Will & Testament

Your will is one of the most important documents to be drawn up during your life. It contains important information about all the assests you have accumulated over the years, as well as your final wishes. But, above all, it represents financial peace of mind to those you leave behind.

Our Promise

You can trust AMBITON with:

• Planning the financial security of your loved ones after your death
• Making certain that your specific wishes are correctly set out in your Will.
• Ensuring prompt and effective administration of the estate once you have passed away.
• Safekeeping critical documents, such as your last Will and testament during your lifetime. 

Living will

Many people today draw up living wills. A living will is an advance document reflecting a person's wishes regarding the type of medical care he or she would or not want should they ever be without the physical capacity to communicate his or her needs, especially where there is no hope of recovery or significant improvement. One of the most important roles of a living will is that it may be the only written evidence of what a person's wishes are in such a critical situation.

Trust Creation & Administratin

A trust is an agreement between an owner of assets and trustees.

In terms of this agreement, the trustees undertake that they will administer, objectively manage and control the trust's assets with the necessary care to the benefit of the beneficiaries. It is an efficient and flexible way to ensure that assets are looked after.

Ambiton has many years of experience in setting up such trusts. Our expert services  include the drafting, registering and ongoing administration of trust assets.

Estate Administration

Losing a family member is probably the most difficult situation we will ever face.

On a personal and emotional level, there may be grief, loneliness and a sense of loss. Add to that the practical realities of a concern about money, financial security and the future of the deceased’s possessions, and the pressures become enormous.

AMBITON can help. Our professional team of experienced and qualified specialist will ease the burden of estate administration. Whether AMBITON has been nominated as executor in terms of a will,  or a family member has been nominated as executor and requires assistance, or even if the deceased did not leave a will at all, we can help you through this difficult time.