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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
Having a will is a final statement of how you want your assets to be managed after your death. However, sometimes you may want to change it. You may have […]
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 part of a person’s […]
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