If you are the client of a so-called “AUTHORISED Financial Service Provider” (FSP), you need to read this! It’ll make you question some decisions – and rightly so. Everything we do as parents is for our children’s futures. So you would want to know if there’s something you could do right now to secure their financial futures, correct?

We don’t want to think about death. We especially don’t want to think about the financial mess we could leave behind should we pass away, leaving our minor children behind – after all, we won’t be here to deal with it. But who will? Unfortunately, in the case of orphaned kids, the state.

And they could care less about your children when “managing” your estate, I can promise you that. I’m not questioning your love for your children. However, because I’ve seen the disastrous management of deceased estates by the state after the death of a parent, I feel obliged to share with you what will happen in such an unfortunate situation and how you can prevent the unnecessary (and corrupt) state interference in your children’s finances.

Suppose you have minor children, and you’ve taken advice from an FSP. In that case, the following will happen if you and your spouse die together:

1. Your estate will be frozen.
2. Your bank accounts will be frozen.
3. The government’s Guardian’s Fund will take away your minor children.
4. In the meantime, the Executor of your estate, which will probably be the FSP, will wind up your estate.
5. The Executor will put your assets on auction, where more than 50% of the value will be lost.
6. The Executor will share the meagre proceeds of the auction amongst themselves, SARS and your creditors.
7. Suppose there’s anything left after the creditors are all paid, which is very unlikely; in that case, it will be paid into the Guardian’s Fund, where it will eventually be stolen by the government officials working at the fund.
8. If they don’t end up in an orphanage, your children’s lives will be further disrupted due to the lack of funds to keep them properly fed, dressed and in school. The best you can hope for is that family members are financially able to offer them the bare minimum.

All the above will happen irrespective of whether you have a last will or testament!

It’s hard enough to lose your parents – finances should be the last thing they must worry about. That’s why you should act now to get your affairs in order. We never know what could happen! They have already lost their parents – at the very least, we want them to continue living the life we set up for them, with the money we worked hard for, for them!

P.S. See this article about how they steal: https://www.sanews.gov.za/south-africa/preservation-order-obtained-guardians-stolen-funds

Don’t be angry at the government. Rather be angry at the FSP, Insurance Industry and YOURSELF if you don’t do something now to prevent it. The insurance industry is just as bad as the government, and most people fall for their schemes. Don’t be a sheep.

The only way to prevent this from happening is COMMON SENSE and the WEALTH MASTERY SYSTEM because ONLY A LIVING TTS TRUST CAN TAKE CARE OF THE LIVING!

For more detail, go to: https://wealthmastersclub.com/seminars

Set your children up for success!