Question:
DOES MY LATE DADS PROVIDENT FUND FORM PART OF AN ESTATE HE HAS NO OTHER FUNDS BESIDES THE PROVIDENT FUND IS THERE ANY NEED TO WIND UP THE ESTATE OR CAN I JUST CLAIM FOR THE PROVIDENT FUND
Answer:
Hema, Provided you are the nominated beneficiary of the provident fund, or you were financially dependent on your father, this money will not fall into his estate. It will be paid by the administrator directly to you (net of tax).
The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.
