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| We know that professional administration of deceased estates not only addresses the inevitable consequences of death but it also ensures the continuation of quality of life. Our dreams, hopes and aspirations should be preserved for the benefit of our families and loved ones. When a person comes to the end of his or her life, everything that remains of his or her assets after debts, other obligations and administration costs have been paid, passes by inheritance to people qualified to succeed him or her. The objective should therefore be to leave to our loved ones an estate that is as close to debt free as is possible. Estate planning as well as deceased estate administrative procedures, are often bewildering, obscure and stressful for everyone involved. What’s more, a mistake or a lack of relevant information and know-how can be costly for your family if no formal roll-out plan is laid out. |
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| Deceased estate wind-up management system The custom made deceased estate technology gives executors the management tools to wind up your affairs in the most efficient and cost effective way. We carry out comprehensive executor performance audits to ensure that our executors can offer your family the best service and that the estate wind-up improves by up to 60% |
| Myprotector executor Services 1 If your deceased estate is deemed to be worth LESS than R250 000, a Myprotector's executor will wind-up your affairs for free. |
| Myprotector executor services 2 The appointment of a professional executor to perform all the statutory duties associated with the winding-up of an estate is one of the most important functions taken care of by the drafting of a Will. The nominated executor in the Will must amongst other important functions ensure that your estate is distributed among beneficiaries in accordance with your wishes. Myprotector offers its executor services as part of the service offerings. If you have chosen us as your executor, we will discount our fees to your family. Your platform will help you with this issue. |
| Myprotector policy pay-out (ONLY applicable if a policy is sold) If you chose the Myprotector Deceased Estate life assurance policy, the pay-out will be ceded to your ‘Late estate’ to provide the necessary funding to support the winding-up of your deceased estate. This life assurance policy could also be purchased by other life assurance companies and the pay-out could still be ceded to the estate in the same way. Once a death certificate is issued, Myprotector begins the task of arranging for the life assurance policy to be paid out. Your financial advisor is provided with all the required information so that they can instruct the life assurer to effect the pay out to the nominated beneficiary. |
1 - Heirs won't get their full inheritance because your plans are not up-to-date or in-line with the high court procedures. 2 - Your heirs will be subject to the courts decision as to any inheritance which might not land up being what you wanted. 3 - Deceased estate carries too much debt so your assets have to be sold by law, leaving your family with less to inherit. 4 - Unnecessary Tax, Estate Duty, Capital Gains and VAT are paid which will reduce your estate value, leaving much less. 5 - Children are not considered so the courts decide their future, thus placing them under enormous pressure to survive this world. 6 - An executor's fees can be extremely costly even if you have very little in the way of assets. 7 - Your executor is not monitored so they could drag their heels, which costs your estate and leaves your family struggling. 8 - It could take your family a long time to find out that you have died, if no formal emergency strategy is in place. 9 - Family members are thrown into chaos when a death occurs and everything gets confusing as they try to administer your affairs. 10 - Your life is forgotten about and future generations will never know about you, leaving future generations guessing about you. |
Myprotector is a fully automated series of services that begin after your death. It's the only technology that brings together all the different aspects of estate planning and deceased estate administration in one strategic solution. Estate Platform |
R120.00 per month (Level premium policy) Buy this service from within your Financial Planner software 
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Myprotector secures your information
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