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A single mom's guide to drawing up a will

A single mom's guide to drawing up a will

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 We asked many single moms what their greatest concerns were regarding drawing up a will. Host Maya Fisher-French asked fiduciary expert Deenisha Nadesan of Capital Legacy to answer them.

For most moms, their concerns were around who would look after their child, who would manage the money on behalf of the child, and whether they had enough to provide for their living costs and education.

We covered all the questions you need answers to including:

· Can I leave a property to my child

· What makes a will valid

· What happens to my pension fund?

· Can I nominate someone other than the biological father as guardian

· How does a testamentary trust work, and how is it different from a beneficiary fund?

· How much does it cost to draw up a will

· Who should be the executor

While this was a discussion about single moms, it is relevant to any parent.

Click here for the Single Mom's Guide To a Will.

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