Estate planning
As the trust founder, you will be required to relinquish control of your assets into the care of your nominated trustees and, in doing so, you will want to ensure that you have full trust in the person (or people)
A lack of adequate retirement facilities and the prohibitive costs of retirement homes has resulted in many retirees being forced to explore alternatives for their post-retirement living other than what they had planned for. For many retirees, assisted living, frail
In the event of your death, your Will can only deal with your half of the joint estate, making it essential to ensure that your Will is limited to distributing only your share of the assets.
In the event of your death, the funds held in your retirement annuity, that have met the criteria to qualify as a deduction against your taxable income, do not form part of your deceased estate and are not included when
The way in which your trust will be taxed depends on several key factors, including the type of trust you establish, whether it qualifies as a special trust Type A or B, how the trust deed is drafted, and how
To qualify for estate duty exemption on a buy-and-sell policy, the policy must be taken out by a co-owner of the business with the deceased and be specifically intended to purchase the deceased shareholder’s business interest.
The cornerstone of any succession plan is a valid and carefully structured Will. Your Will should never be drafted in isolation but must align with your broader estate and financial planning strategy. Factors such as your matrimonial property regime, legal
A Type A trust is designed to provide financial security for a person with a severe mental or physical disability who is unable to support themselves financially. It can be either an inter vivos trust that is set up during
