There are two key pieces of legislation which govern the manner in which a deceased estate it devolved upon death, namely the Intestate Succession Act 81 of 1987 (“Intestate Succession Act”) and the Wills Act 7 of 1953 (“Wills Act”). In this pape ...
A Trust can be described as a legal relationship which has been created by the founder, who places assets under the control of Trustees. This either happens during the founder’s lifetime (inter vivos trust) or at the death of the founder (testamentar ...
