October 9, 2020
Published by client-admin at October 9, 2020
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As a tool to reduce or avoid estate duty and/or donations tax, financial planners made use of trusts. This technique allowed the estate owner to transfer assets to a trust […]
October 9, 2020
Published by client-admin at October 9, 2020
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When a member of a retirement fund dies before reaching retirement age (and if the rules of the particular fund permit), the lump sum benefit which becomes payable (hereinafter referred […]
September 6, 2019
Published by NVS at September 6, 2019
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I gave instructions to my attorney to prepare a last Will and Testament for me as my Will no longer reflected my wishes. At my request, my attorney emailed the […]
September 6, 2019
Published by NVS at September 6, 2019
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NVS Inc was lucky enough to add Ariza Vermeulen to our compliment of staff in September 2017. As the Head of the Estates Department, she specialises in fiduciary services (trusts, […]
May 30, 2019
Published by NVS at May 30, 2019
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Scenario Mr Reyneke owns a farm in South Africa and in terms of his last will and testament he bequeathed the said farm to his two sons in equal shares. […]
April 9, 2019
Published by NVS at April 9, 2019
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All the powers of a trustee are ‘fiduciary’, which means that they must be exercised as follows: • in the best interests of all the beneficiaries; • only for the […]
February 7, 2019
Published by NVS at February 7, 2019
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The South Africa common law presumption of collation (collatio bonorum) is alive and well. This presumption is rooted in the belief that a testator or testatrix intended that there should […]
November 1, 2018
Published by NVS at November 1, 2018
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A trust is a legally recognized means through which rights attached to property ownership can be separated and transferred; a concept whereby the control and benefit to or enjoyment of […]
October 4, 2018
Published by NVS at October 4, 2018
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If someone leaves a sizeable estate behind, it may cause conflict among the possible heirs. The help of an attorney, when settling an estate after a death, can avoid unnecessary […]