Sthembiso Nodangala-Sanlam Financial Advisor-Durban, Pinetown

29/01/2026

Remember you don’t have to die for your insurance to pay you.

29/01/2026

Protecting your ability to earn is the right thing to do.

29/01/2026

Having a Will is a right thing to do.

23/01/2026

Disability benefits

23/01/2026

Living Benefits

12/01/2026

15/10/2025

Are you having valid will, have you planned for your Estate, are you aware of Costs of dying that your surviving spouse or dependents must pay after you have passed on? If your answer is No, let us talk.

03/07/2025

https://www.sanlamadvice.co.za/bluestar/nosisi/adviser/sthembiso-nodangala/87058948565019

As a Sanlam Financial Planner based in Durban, Pinetown, I’ve been navigating the financial services industry since 2004. My focus is on empowering individuals to make informed decisions about their financial futures. With a commitment to integrity and transparency, I strive to build lasting relat...

03/10/2024

Most people think that having a will is the end of unforseen challenges when you are no more, it is not there are costs associated with your passing away.


EXECUTOR FEES
This is the industry standard fee charged by the Executor or assisting professional to wind up your Estate. A maximum of 3.5% + VAT of the value of your Estate will be charged. An Estate worth R3 Million will pay, for example, approximately R120 750 in fees. In terms of South African Law, Executors may charge 3,5% (plus VAT) of the gross Estate and 6% (plus VAT) of any income into the Estate after death.

CONVEYANCING ATTORNEY FEES
This is the fee charged by the Conveyancing Attorney when property needs to be transferred. Fees are calculated on a sliding scale depending on the value of your house as determined by an assessor. A home worth R1 850 000 being transferred to a Beneficiary could cost the Estate R30 544 in fees.

TESTAMENTARY TRUST FEES
This is the fee charged by the Trustees to administer the Trust you create in terms of your Will, normally to look after the money you leave to your minor Children. On average, 1.15% of the net asset value is charged to establish the Trust, and 1.6% is charged annually for the ongoing administration of the Trust. The total cost of a Trust with R1.5 million in assets over 15 years would be R377 250. Please bear in mind that when you have a Sanlam Legacy Plan™ , all these fees are covered by the plan.

To find out how to cover these costs feel free to contact me..

23/09/2024