A lot of people, entrusting their last wishes to the drafters of their wills, don’t understand most of the legal jargons the drafters use. Nico Botha, CEO of Stellentrust, says “……… most people get a will they don’t read, don’t want and don’t understand”. After working a lifetime to amass some assets, people sometimes see the cost associated with the drafting of a will as a “grudge payment” and approach service providers for a so-called “free standard will”. While this is for free, it sometimes is done by way of a questionnaire filled in by the applicant.
Imagine that you have a beautiful unmarried daughter that you love very much and to set her on her way you give her money to buy her own house. She does well for herself and the family is very happy for her. During this time the daughter indicated that she is so thankful for the monies given to her to buy the house that she thinks it only fair that if she pre-deceased her mother or father, the house must go to them. Things go even better when she falls in love with a young man. Before the wedding they obtained legal advice and entered into marriage with an Ante Nuptial Contact: