The Woman & Finance Podcast
Welcome to The Woman And Finance Podcast, a dedicated platform where individuals come together for non-judgmental and jargon-free conversations about personal finance.
Our mission is to empower women in South Africa through valuable financial education and insights. Hosted by Mapalo Makhu, a seasoned personal finance expert and the published author of the book "You're Not Broke, You're Pre-Rich," the podcast delves into a wide range of financial topics, including budgeting, investing, debt management, entrepreneurship, and wealth-building.
Our primary goal is to educate and inspire women, equipping them with the knowledge and confidence to take control of their finances.
If you resonate with the empowering and informative content shared on this podcast, we kindly invite you to hit the follow button. By doing so, you contribute to creating a community where women like yourself can access and benefit from this invaluable information.
Together, let's embark on a journey to financial empowerment and success.
Thank you for being part of The Woman And Finance Podcast community!
The Woman & Finance Podcast
How to use a Will to protect your family
While previous episodes have focused on building wealth, this time we’re shifting the conversation to succession planning and creating intergenerational wealth. How can you protect your family while ensuring your assets benefit future generations?
Joining us is fiduciary expert Moremadi Mabule, who sheds light on wills, estate planning, and the crucial yet often-overlooked tax implications that arise upon death.
Estate planning isn’t just for the wealthy—it’s about making sure your hard-earned assets are effectively passed on. Moremadi breaks down critical aspects, such as estate duty and executor fees, which can reach up to 4% of your estate's value. She also shares practical strategies for reducing these costs, including negotiating fees and planning for taxes.
We also discuss the importance of updating retirement fund nomination forms and understanding how these benefits are treated differently from other estate assets. Moremadi explains how tools like testamentary trusts and beneficiary funds can safeguard your children’s inheritance and ensure it’s managed responsibly. Additionally, we delve into selecting a guardian for your children and structuring your will to provide for them financially.
Lastly, we touch on the value of a living will—an essential document that communicates your wishes should you become incapacitated.
Join us for this eye-opening episode, where we outline the steps to secure your legacy and ensure your wealth supports the people who matter most.