Legal Practitioner Yolanda Mnyengeza on what really happens if you die without a will

Loading player...
You work hard to build a future for yourself, and the people you love… but if you should pass away without a will in place, your money could end up in the wrong hands – whether it’s a long-lost cousin you’ve never met that suddenly lays claim to your legacy, or having your money tied up in the Government Guardian’s Fund. Either way, you’re no longer there to ensure that it ends up with the people you intended it for and who need it most. Worse yet, it can take years to resolve, with no guarantees that your wishes will become reality. 

In this episode of On the Money, legal practitioner and tax attorney Yolanda Mnyengeza joins Old Mutual’s Group Head of Financial Education, John Manyike, to unpack what really happens when you die without a will, and why planning ahead is one of the most powerful acts of love you can leave behind.

From unexpected claims to complicated estate battles, Yolanda explains how a simple will, can help make sure everything you’ve worked for goes to the right people, at the right time – no surprises, no drama.

Thanks for listening! Interested in getting more financial education? Visit our website for free resources. You can follow us on X, Facebook, Instagram, TikTok, and YouTube.
Chapters
  • 00:00 Introduction.
  • 00:42 Meet Yolanda Mnyengeza. Her Journey into Law and Legacy Planning.
  • 02:20 Understanding The Realities of Personal Ownership.
  • 07:39 Life Policies & What Generational Wealth Really Means.
  • 10:00 Trusts, Wills, and Estates.
  • 13:06 Structuring Assets to Create Generational Wealth.
  • 20:17 Protecting Your Intellectual Property & Building Generational Wealth the Right Way.
  • 26:22 Why a Will Is the Foundation of Generational Wealth.
  • 31:49 What Really Happens to Your Estate When You Have No Will.
  • 37:32 Executors, Letters of Authority & Trusts Explained.
  • 41:56 Building, Structuring, & Protecting Generational Wealth.
  • 44:52 Closing Remarks.
20 Oct 2025 English South Africa Education

Other recent episodes

Understanding the hidden dangers of “underinsurance”

You’ve probably heard of the term “underinsurance”, but what does it actually mean – and why does it matter so much? In the final episode of our four-part On The Money series with Old Mutual Insure, Regional Development Manager for Commercial Insurance Mpumelelo Mashinini joins Old Mutual’s Financial Education Programme…
30 Mar 10 min

What is business interruption cover, and could your company survive without it?

If your business was unexpectedly brought to a halt tomorrow, would it survive the financial impact? In episode two of our four-part On the Money series in partnership with Old Mutual Insure, Schaun van den Berg, Executive: Alternative Channel Solutions for Old Mutual Insure, joins Old Mutual’s Financial Education Programme…
9 Mar 23 min