ABOUT US
CLAIMS RESOLUTION
Through solid relationships with our partners, we can offer assistance and advice with your claims. Mansin has built years of professional relationship with insurance partners and players in the insurance space that makes it easy for us to assist client in their matters they have dispute in and act as a mediator who understand the industry since our clients may not understand it like we do.
INVESTMENT
We offer Investment advice and products to make your money achieve the best returns with the lowest risk possible. Our investment advice is also based on the years of analyzing the different investment companies that offers the clients better returns depending on the kind of the portfolio they chose.
RISK PLANNING
We offer advice and products covering potential risks such as Death, Disability, Trauma, and Accidental Injury. We make sure that our client are adequately covered for any of the unforeseen events that has a potential to change the life of the client and their family.
ESTATE PLANNING
WHAT ARE THE COSTS
OF DYING?
Without an Estate Plan in place these are some of the fees your family will need to cover when you pass 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 your Estate will be charged. Example: An Estate worth R3 Million will pay R120 750 in fees.
CONVEYANCING ATTORNEY FEES
This is the fee charged by the Conveyancing Attorney when property needs to be transferred. Example: A home worth
R1 850 000 being transferred to a Beneficiary will cost R30 544 in fees to the Estate.
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. Example: The total cost with R1.5 Million in assets over 15 years is R377 250.
MASTERS FEES
The fee paid to the Master of the High Court regarding their fulfilment of their role in the administration of your Estate.
CORRESPONDENCE FEES
Fees associated with corresponding with the Master of the High Court.
CLEARANCE FEES
One of the requirements to transfer a property is obtaining a clearance certificate from the city council or municipality.
This will be issued only if the rates and taxes are paid in advance. Some areas require up to 6 months paid in advance.
ADVERTISEMENT COSTS
Two advertisements have to be placed in a local newspaper and the Government Gazette. The costs can vary between R1 000 and R1 500 depending on the publication selected.
INHERITANCE TAX
Not only will all outstanding taxes have to be paid from the Estate before it may be finalized, but the Executor will have to determine whether Capital Gains Tax (CGT) or Estate Duty is payable at death.
ONGOING SHORT-TERM BILLS
Bills such as medical aid, schools fees, car insurance, water, lights, rates, etc. still need to be paid even though bank accounts are frozen.
OTHER IMMEDIATE EXPENSES
Costs associated with arranging a funeral such as catering, travel and other expenses.
These fees eat away at the legacy you plan to leave behind. Don’t burden your family. Protect your legacy. Get covered now!
Our unique, first-to-market is a complete solution that accompanies your Will and covers you and your loved ones from the inevitable legal fees associated with dying. What’s more, also offers you and your loved ones protection from various other expenses that arise when you pass away.
COVER LEGAL FEES
There are innovative insurance product, starting from as little as R87.31 per month, that accompanies your Will and covers the legal fees such as Executor Fees, Testamentary Trust Fees, Conveyance Attorney Fees and other costs associated with dying including Master’s Fees, advertising costs, monthly bills, etc.
RETIREMENT
The last five years before you retire may be some of the most critical in terms of retirement planning because you must determine within that period whether you truly can afford to quit work. The determination will hinge heavily on the amount of preparation you have done to date and the results of that preparation.
Retirement looks different for everyone, but to retire comfortably and achieve financial independence, at the time of your choosing will always require holistic retirement planning and the right investment and risk solutions. Whatever your retirement goal, we will coach and guide you to implement a practical investment strategy, so you can retire ready.
What is a Retirement Annuity?
A retirement annuity is a tax-effective retirement investment, which is designed for individuals who want to save towards their retirement. This may be in addition to your existing pension or provident funds that you already participate in through your employer.
Why should you consider investing in a Retirement Annuity?
All or a portion of your contribution may qualify for a tax deduction thereby reducing your tax bill, while the growth in the retirement is tax free. Additionally, because the money can only be accessed at retirement (from age 55), it helps you improve your investment discipline. Your funds are protected from creditors to safeguard your retirement savings.
