Valuable lessons learnt by most financial planners during the Covid-19 pandemic is that matters may not be in our professional hands owing to sudden life-changing events despite us having control of what we do. Therefore, it is important to understand that if our circumstance changes, what we can do to protect ourselves and our loved ones.

There are several risk control measures used around the world singling out South Africa, to prepare for uncertain eventualities of life such as legal tools, guardianship and minors’ inheritance. We will explain the usefulness of these measures in detail below.

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