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,...
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...
Feb 22, 2019 | Trusts and Estates
Apart from the usual assets that you leave behind after your death, there exists a whole other range of assets of a digital nature that you may not have considered or made provision for after your death. If left unchecked, it could result in devastating consequences....