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Testate and Interstate law Part 1.

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Manage episode 492472330 series 2978340
Content provided by Radio Pulpit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio Pulpit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Lukho Mkwedi Phuthi is joined in the Legal Junction segment by Mr. Pholoso Seakamela to discuss the differences between testate and intestate succession under South African law. They explain that testate succession occurs when a person dies, leaving a valid will, which directs how their estate is to be distributed, typically appointing an executor to administer the estate. In contrast, intestate succession happens when someone dies without a valid will, and the estate is distributed according to the Intestate Succession Act, which sets out a legal hierarchy of heirs. They highlight that testate estates generally allow for more control by the deceased over asset distribution, while intestate estates follow statutory rules that may not reflect the deceased’s personal wishes. The discussion also covers legal formalities for valid wills and the potential challenges that arise when estates are intestate, emphasizing the importance of proper estate planning. Heart to Heart
  continue reading

150 episodes

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iconShare
 
Manage episode 492472330 series 2978340
Content provided by Radio Pulpit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio Pulpit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Lukho Mkwedi Phuthi is joined in the Legal Junction segment by Mr. Pholoso Seakamela to discuss the differences between testate and intestate succession under South African law. They explain that testate succession occurs when a person dies, leaving a valid will, which directs how their estate is to be distributed, typically appointing an executor to administer the estate. In contrast, intestate succession happens when someone dies without a valid will, and the estate is distributed according to the Intestate Succession Act, which sets out a legal hierarchy of heirs. They highlight that testate estates generally allow for more control by the deceased over asset distribution, while intestate estates follow statutory rules that may not reflect the deceased’s personal wishes. The discussion also covers legal formalities for valid wills and the potential challenges that arise when estates are intestate, emphasizing the importance of proper estate planning. Heart to Heart
  continue reading

150 episodes

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