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Things to do while you are still strong
There are some things to do with business and money that will make life easier for you and your family.
BUSINESS AND MONEY
You should make a list of these things:
All the things you own
All the people and places you owe money to
All the people and places that owe you money
The name and address of your employer. Also write down all the benefits that your family can get from the company when you die.
Your income tax number and that of your husband or wife if you are married.
Any other important numbers that your family will need to know. These can be your ID or passport numbers, or burial society number. The only numbers you should not write down on this list are PIN numbers for any credit cards or accounts, and bank numbers. These should be given to the person who has your Power of Attorney.
NOTE:Put this list in a safe place. Tell someone you trust where the list is kept.
You need to think of who will do important things for you when you are very sick. You must think carefully about who this person will be because you must trust them. You will give this person your power of attorney.
You must choose a person who can help you do these things:
Going to the Bank.
Paying rent and other debts
Collecting grants such as disability benefits.
Signing for claims from Medical Aids.
Signing for claims for the burial society.
HOW DO I GIVE SOMEONE POWER OF ATTORNEY?
Choose the person you trust.
Think carefully about the things you need them to do for you.
Write these things down. Be very clear and specific. Remember that you are giving the person a lot of power by choosing them to control things such as your money.
Sign the paper on which you have written everything down in front of a commissioner of oaths.
Tell your family who you have chosen to have as your power of attorney. Explain to them why you have chosen this person to help you.
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Remember! Sign the paper on which you have written everything down in front of a Commissioner of Oaths
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