{
  "id": 5059281,
  "title": "Only 28 percent of South Africans have a valid will, survey finds",
  "url": "https://urgent.news/2026/09/02/only-28-percent-of-south-africans-have-a-valid-will-survey-finds",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T09:43:00.000Z",
  "source": {
    "name": "IOL",
    "slug": "iol",
    "url": "https://iol.co.za/business/2026-09-02-only-28-percent-of-south-africans-have-a-valid-will-survey-finds/"
  },
  "original_language": "en",
  "account": "A recent survey conducted by Sanlam Legacy reveals that only 28% of South Africans have a valid will, leaving many families in uncertainty about the distribution of assets and care for dependants upon death. The survey found that 65% of respondents do not possess a will at all. Among those who have a will, a concerning 39% have not informed the primary individual to manage their estate about its location or contents.\n\nThis issue is further exacerbated by the fact that 34% of respondents prioritize the care of their ageing parents, grandparents, or extended family, while 47% have actively assisted in winding up a loved one's estate. The Sanlam Trust's CEO, Advocate Sankie Morata, emphasized the importance of having a will, stating that it is about safeguarding the people one loves, regardless of the size of their estate. He highlighted that a well-crafted will not only protects one's assets but also provides clarity for loved ones and lays a stronger foundation for future generations.\n\nHowever, the process of managing someone's estate after their death can be fraught with difficulties. According to the survey, only 22% of those who have helped wind up an estate found the process to be smooth. The most common problems include family disputes over inheritances, which were reported by 26% of respondents, followed by delays in finalizing and transferring assets (23%), legal and administration costs (18%), and frozen bank accounts (12%). Morata stressed that a will is a crucial tool for individuals to express their wishes and designate who should be responsible for carrying them out. Without a will, loved ones may face a legal process while grieving, or decisions may be made according to legislation rather than personal wishes. He concluded that smoother estates are typically those where key decisions have been made in advance, affairs have been kept up to date, and family members are aware of where to locate the necessary information.",
  "summary": "A recent survey found only 28% of South Africans have a valid will, with families often facing disputes, delays and other problems when winding up estates.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}