Lifestyle Financial Planning
One of the hardest realities of divorce is that the same pool of income and assets now has to support two households instead of one. There are two sets of rent or bond repayments, two sets of utilities, furnishings, insurance
If your spouse is named as the beneficiary of a domestic life policy, the proceeds are considered deemed property in your estate. However, Section 4q of the Estate Duty Act allows for a full deduction of such proceeds when calculating
inancial clutter is one of the most common issues we come across when taking on a new client. A client may have several retirement annuities, a handful of unit trust accounts, multiple risk policies, and perhaps a living annuity. Individually,
The idea that ‘to those whom much has been given, much is expected’ speaks directly to stewardship in the realm of philanthropy. Those who find themselves with an abundance of resources carry a responsibility to consider the needs of others.
If you marry without signing an antenuptial contract, your marriage automatically defaults to in community of property with a single, joint estate. In terms of this marital regime, all assets and liabilities acquired both before and during the marriage merge
Gap cover is short-term insurance that protects medical scheme members from shortfalls between the medical scheme rate and the actual rate charged by specialists during hospitalisation—often as much as five to six times the scheme tariff.
Few areas demonstrate the price of indecision more clearly than debt. High-interest loans left unconsolidated grow relentlessly as interest compounds. What may once have been a manageable problem quickly escalates into a burden that feels insurmountable.
Debt rises and falls, careers pivot, children arrive and become financially independent, businesses are started and sold, and retirement draws nearer. Meanwhile, insurers refine products, adjust definitions and release new features.
Understanding that money decisions are emotional does not mean ignoring financial logic. Rather, it means recognising that good financial planning must account for both the head and the heart. Clients need to be guided through their emotional biases, not judged
Surprisingly, drafting a will is often viewed as a stand-alone exercise – and yet a will is not merely a legal formality, it is a cornerstone of estate planning. Responsible drafting requires knowledge of the client’s assets, the jurisdictions in
