When a person dies in South Africa, the law must, as a matter of course, immediately step in. The Administration of Estates Act 66 of 1965 (“Administration of Estates Act”) requires that an executor be appointed, creditors be paid, and assets dis ...
A trust is a legal arrangement where ownership of property is transferred to trustees, who manage it for the general benefit of identified beneficiaries or to fulfil clearly defined objectives set out in the trust deed. Trusts fall into two ma ...
Today is the day: the moving truck is ready and packed. The sky hangs grey with a chilling Southeaster, but none of that matters. Today is the day you move into your new house, your new home. A few hours pass, and boxes litter every room. You ...
In an era of economic uncertainty and evolving tax laws, South Africans are increasingly turning to trusts to safeguard their assets. But with options such as testamentary and inter vivos trusts, how do you choose the right one? What are they? ...
