Money on a Monday: Testamentary trusts can keep heirs in check

Simply leaving an inheritance to one’s heirs might not be the sound way to do things, especially if they have never managed a meaningful sum of money or struggle with financial discipline. Lester Kiewit speaks to Rita Cool, Head – Retail: Best Practice at Alexforbes, to discuss why one should consider linking a testamentary trust to a living annuity.   Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show.  This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily.  Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news.  Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit.  Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk  For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i  Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5  Follow us on social media  CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalkSee omnystudio.com/listener for privacy information.