The City of Cape Town in collaboration with the Western Cape Government has been on the ground helping recipients of subsidised housing with estate planning as homeownership brings forth possibilities to transfer an asset from one generation to the next. Having a legally binding will, provides clarity and keeps the peace.
The City’s Mayoral Committee Member for Human Settlements, Councillor Malusi Booi and officials in the Human Settlements Directorate helped to assist first-time homeowners in Fisantekraal on Saturday, 17 September.
‘Education is very important for our first-time homeowners. It is not only empowering but it provides a further measure of redress. Practical considerations of homeownership are so important, aspects such as maintenance, how to draw up a will and household budgeting and management are vital to beneficiaries. We thank the Western Cape Government for its wills drive and City officials too who dedicate many weekends and after-hours to ensure that beneficiaries are empowered not only with homeownership but the education that goes along with that,’ said Councillor Booi.

Source: City Of Cape Town