When one thinks of a will, the first thing that comes to mind is probably a last will and testament. This type of will expresses a person’s wishes after they have died. However, a living will, despite sharing some similarities with a last will and t ...
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 paper ...
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 ...
