We live in a country (Zimbabwe) we an increasing number of people are investing in a funeral insurance. People don’t want to leave the burden of raising funds for their funerals on their loved ones. But often times even after they have planned for funeral, they have left a burden on their loved ones because they did not plan for their estate.
Estate planning is the process of legally shaping the future disposition of existing and anticipated assets in the event of incapacitation or death. This includes but is not limited to creating a will, establishing a guardian for minors and designating an executor of the will.
The law in Zimbabwe allows for equal property and inheritance rights for both men and women. But one hurdle women face is that the property is often registered in the husband’s name. Hence, when the husband deceases they have to prove their marriage which can be a challenge in the face of in-laws who seek to acquire the assets.