Thinking of setting up a Trust?

Thinking of setting up a Trust?

Abrahams & Gross share some frequently asked questions and answers regarding creating a Trust. What is a Trust? Section 1 of the Income Tax Act No 58 of 1962 defines a trust as “any trust fund consisting of cash or other assets which are administered and...
Curatorship – what does it entail

Curatorship – what does it entail

There are various reasons why someone would need to be appointed to safeguard another’s affairs, ranging from financial, personal or otherwise. This need could arise due to mental illness, physical disability, or illness set on by old age. Whatever the reason, an...
Your Will – is it valid?

Your Will – is it valid?

Two things in life are certain – death and taxes. When we die, we have one last chance to do what we want with our belongings (Estate), but only if a valid Will is in place. Let’s look at the requirements of a valid Will and other related aspects like competency,...