Product Options

Feel free to ask for guidance or any questions you may have regarding your Free Will by writing to [email protected], or by using our contact form.

Your Will is generated online and delivered as a downloadable PDF document, to be printed for signing.

You are responsible for storage and safekeeping of your Will, and for informing your beneficiary and executor thereof.

You may appoint Wills Factory or any other Executor of your choice to preside over the administration of your estate in the event of your death.

The Free Will requires no registration fee to be paid.

The Free Will requires no recurring subscription to be entered into.

The Free Will is for the individual with an uncomplicated estate, typically someone who is just starting out in life and who realises the importance of safeguarding the inheritance of his/her loved ones. The Testator typically:

• requires a simple will to bequeath his/her estate to one beneficiary only;
• does not want/need to appoint guardians for minor and/or disabled children;
• does not require testamentary trusts for minor or incapacitated beneficiaries;
• is not in business;
• is not a party to a trust;
• does not have offshore assets;
• does not have any specialised/custom requests/bequests.

Once your Will has been drafted by our legal specialist, the document is emailed to you for signing. Upon notification by you that the Will has been signed, we’ll dispatch a courier to collect the document.

The original copy of your signed Will is stored in our secure storage facility until needed for administration of your deceased estate, or until superseded by another. A scanned version of the Will is also stored in your personal eVault on our website where it’s available for you to download or share with a third party.

Leave instructions regarding your mortal remains – whether to be buried, cremated or donated to science/medicine.

The Advanced Will makes it possible for you to appoint guardians for your minor and/or disabled children, to care for them in the event that you don’t have a surviving spouse. You can also appoint trustees to administrate testamentary trusts for your minor and/or incapacitated beneficiaries.

You can nominate more than one beneficiary, and specify both legacy inheritance (items such as houses, cars, furniture, equipment, collections, art, money etc. that you want specific beneficiaries to inherit as is) and remainder-of-estate inheritance (after expenses, fees and legacy item distribution if applicable).

When completing the Advanced Will Instruction Form you are able to add additional notes for our legal specialist to be aware of and/or to implement in your Will, such as information regarding business/offshore assets etc.

Advice and strategic planning around:

• guardians and guardianship
• the implications of donations
• saving on estate duty
• testamentary trusts
• insolvency of heirs
• usufructuary interest

The Will Registration Fee of R150 is payable either online upon successful completion of the instruction form, or per bank debit order as soon as possible after form submission. It covers items such as processing & drafting of the will, and door-to-door courier collection fees.

The Advanced Will Membership subscription fees cover safekeeping, record keeping, update reminders & suggestions, online benefits such as Assets & Liabilities Register, e-Vault etc, and future will amendments (details further down *).

We have three subscription options:

1. Monthly – R49
2. Annually – R525
3. Lifetime (once-off) – R1,495

* Members on Monthly and Annual subscriptions enjoy unlimited will amendments without any additional payment while the account remains in good standing. Members on the Lifetime (once-off) subscription plan will be required to pay an administration fee per amendment.

The Advanced Will is for the individual with a more complicated estate, typically someone who is more established in life and who realises the importance of safeguarding the inheritance of his/her loved ones. The Testator typically:

• requires a detailed will to bequeath his/her estate to one or more beneficiaries;
• might want to appoint one or more guardians for minor and/or disabled children;
• possibly requires one or more testamentary trusts for minor or incapacitated beneficiaries;
• might be in business;
• might be a party to a trust;
• possibly has offshore assets;
• might have other specialised/custom requests/bequests.

Helps to cover various expenses such as medical expenses, preparations for the funeral, refreshments for visitors etc. by making a cash payment available, limited to R10,000, within 24 hours of Wills Factory and the underwriter being notified of the death of the insured.

Provides cash to help cover the fees of an executor for administrating and winding up your deceased estate.

Provides cash to help cover the fees of a trustee for administrating your testamentary trust on behalf of your minor beneficiaries.

Provides cash to cover costs incurred by the involvement of the Master of the High Court (unavoidable).

Provides cash to help cover conveyancing fees in the event that a bequeathed movable property(ies) must change ownership to one or more beneficiaries.

Upon your death two advertisements need to be placed in national media – one in the Government Gazette, and one in another mainstream newspaper. This benefit helps to cover the costs thereof.

The total aggregate limit of indemnity for any one or group of events listed above is a maximum of R250,000 (vat inclusive) depending on your product choice as per your Application Form and Schedule.

Levels of Cover & Contributions:

• R115,000 – R120.90 p.m.
• R175,000 – R199.90 p.m.
• R250,000 – R299.90 p.m.

Underwriting:

There is no medical underwriting requirements for this product, however a blanket 6-month waiting period applies to all benefits.