Estate planning for heirs who are physically or mentally incapacitated
When your loved ones are no longer able to manage their own finances, a general or special power of attorney will not entitle you to continue to manage their finances on their behalf. The reality is that, under South African law, if your loved one is no longer able to make his/her own decisions, the general or special power of attorney will fall away. Unlike some other jurisdictions, South African law does not provide for what is known as an […]