Welcome to Lake Properties PROPERTY CAPE TOWN Lake Properties is a young and dynamic real estate ag

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Cape Town, Western Cape, South Africa
Lake Properties, Cape Town is a young and dynamic real estate agency located in Wynberg, Cape Town. We offer efficient and reliable service in the buying and selling of residential and commercial properties and vacant land in the Southern Suburbs including Bergvliet,Athlone,Claremont,Constantia,Diepriver,Heathfield,Kenilworth,Kenwyn,Kreupelbosch, Meadowridge,Mowbray,Newlands,Obervatory,Pinelands,Plumstead,Rondebosch, Rosebank, Tokia,Rondebosch East, Penlyn Estate, Lansdowne, Wynberg, Grassy Park, Steenberg, Retreat and surrounding areas . We also manage rental properties and secure suitably qualified tenants for property owners. Another growing extension to our portfolio of services is to find qualified buyers for business owners who want to sell businesses especially cafes, supermarkets and service stations. At Lake Properties we value our relationships with clients and aim to provide excellent service with integrity and professionalism, always acting in the best interest of both buyer and seller. Our rates are competitive without compromising quality and service. For our clients we do valuations at no charge

How will my estate be wound up if I pass on without being in a formal marriage. What will happen if I have children.

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In South Africa, when a person passes away without a valid will, their estate is handled according to the Intestate Succession Act 81 of 1987. Since you are not in a formal marriage, the law will distribute your estate in a specific order. Here’s a detailed breakdown of what will happen:


1. Your Children Will Inherit First

If you have biological or legally adopted children, they will inherit your estate in equal shares.

  • If you have one child, they inherit everything.
  • If you have multiple children, they each get an equal portion.
  • If a child has passed away before you, their share will go to their children (your grandchildren).

Minors & the Guardian’s Fund

If any of your children are under 18, their inheritance will be held in the Guardian’s Fund, which is managed by the Master of the High Court.

  • The money will be kept until they turn 18 years old.
  • The appointed guardian can apply for funds to cover the child’s living and education expenses.

2. What If You Have a Life Partner? (Unmarried Relationship)

South African law does not automatically recognize unmarried life partners as heirs under intestate succession.

  • If you do not have a will, your partner will not inherit anything.
  • The only way your partner can inherit is if you have a valid will naming them as a beneficiary.

Maintenance Claim for a Surviving Partner

If your partner was financially dependent on you, they may be able to claim maintenance from your estate under the Maintenance of Surviving Spouses Act, but this is not guaranteed and requires a legal process.


3. If You Have No Children

If you do not have children, your estate will pass to:

  1. Your parents (if they are alive).
  2. If your parents are deceased, then to your siblings.
  3. If you have no siblings, it will go to extended family members (grandparents, aunts, uncles, cousins).
  4. If no living relatives are found, your estate will go to the state (government).

4. Other Important Aspects

Customary or Religious Marriages

  • If you were in a customary marriage (under African Customary Law), and it was registered, your spouse may inherit.
  • If your relationship was based on religious marriage (e.g., Muslim or Hindu marriage) but was not legally registered, your spouse may not automatically inherit.

Cohabitation Agreements

If you and your partner have a cohabitation agreement, it may help them claim certain assets, but it will not override intestate succession laws.


5. What Should You Do?

Draft a Will

To ensure your estate is distributed according to your wishes, you should create a valid will. This allows you to:
✔ Leave assets to your partner, children, or other loved ones.
✔ Prevent unnecessary legal battles.
✔ Appoint a guardian for minor children.
✔ Avoid delays in winding up your estate.

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