Assets

November 20, 2024

Estate planning in South Africa: Essential questions answered

Estate planning is a critical part of financial planning, yet it often gets overlooked. This process involves drafting a will, assigning assets to beneficiaries, and understanding […]
August 16, 2024

How to wind up a deceased estate

Winding up an estate in South Africa is a meticulous process governed by the Administration of Estates Act 66 of 1965. It involves the collection and […]
January 29, 2021

TAX ON PENSION FUNDS AND DIVORCES

It is an unfortunate reality that marriages may after many years end up in divorce. When this happens the parties either have to agree on how […]
June 21, 2017

DEMYSTIFYING THE EXECUTOR IN A DECEASED ESTATE

During a person’s lifetime s/he will gather assets, in other words, belongings such as a house or a motor vehicle. These assets and liabilities will form […]
January 13, 2017

WHAT HAPPENS TO MY BANK ACCOUNTS WHEN I DIE?

In previous articles we suggested that the best way to ensure that your assets are distributed as you want them to be distributed, is to draw […]
July 20, 2016

SHOULD I DRAFT A WILL?

A mother who has always wanted her daughter to inherit her diamond engagement ring may never get her wish if she dies without leaving a valid […]
July 20, 2016

CAPITAL GAINS TAX AND THE SALE OF A PROPERTY

Capital Gains Tax was introduced on 1 October 2001. Capital Gains Tax is payable on the profit a seller makes when disposing of his property. What […]
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