Sep 13, 2023 | Trusts and Estates
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 (our 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,...
Aug 25, 2022 | Corporate and Commercial Law
One of the best ways for shareholders to protect their interests is to enter into a shareholders agreement. Such an agreement sets out the rights and obligations of each shareholder in detail. These agreements also include information and guidelines regarding the...
Sep 2, 2021 | Conveyancing and Property Law, Trusts and Estates
A trust is a legal entity which is created by a founder and which can (amongst other things) purchase and own property. Once a trust is created, all assets are placed into it by either the founder donating assets to it or by the entity itself purchasing or otherwise...
Sep 1, 2021 | Trusts and Estates
Trusts can be created for a number of reasons which include estate planning and succession, for reasons of wealth and asset protection, and also as a broad-based share ownership scheme in companies. What is a Trust? Section 1 of the Income Tax Act No 58 of 1962...
Mar 19, 2019 | Commercial Recoveries, Litigation and Dispute Resolution
An Emoluments Attachment Order (EAO) is a debt collection process in which a court order stipulates the terms whereby the judgment creditor can attach or deduct part of the salary of the judgment debtor. In terms of the order, the employer of the debtor is obliged to...
