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To renounce or not to renounce a benefit in terms of a will?

02 April 2024,  Puleng Valentine Tladi

In terms of your will, your surviving spouse and descendants, are entitled to inherit and one of your children decides... to renounce his or her share, the surviving spouse shall inherit that portion of that inheritance, which was declined by the descendant.

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62
Article

Who inherits under a Deceased Estate when there is no Will?

02 April 2024,  Sinethemba Mashego

It is society's norm to transfer generational wealth and to engage in the re-allotment of wealth. However, some people are ... uninformed about the rules that govern the re-allotment of wealth when they have not drafted a will. 

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147
Article

Understanding the Distinction between Living Wills and Last Wills and Testaments

02 April 2024,  André Styger

While both documents are essential components of comprehensive estate planning, they serve distinct purposes and address different aspects of an... individual's life and well-being. This article explores the definitions, functions, and legal implications of living wills and last wills, shedding light on the significance of each in ensuring the wishes and intentions of individuals are respected in both life and death.

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49
Article

When can a Will be challenged?

02 April 2024,  Melody Sithole

A Will can be described as a document that expresses the last wishes of an individual about how their property... must be distributed when they die. The document must be written, signed and formal.  The last wishes can be challenged in the following situations:

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46
Article

To renounce or not to renounce a benefit in terms of a will?

02 April 2024,  Puleng Valentine Tladi

In terms of your will, your surviving spouse and descendants, are entitled to inherit and one of your children decides... to renounce his or her share, the surviving spouse shall inherit that portion of that inheritance, which was declined by the descendant.

READ MORE
62
Article

Who inherits under a Deceased Estate when there is no Will?

02 April 2024,  Sinethemba Mashego

It is society's norm to transfer generational wealth and to engage in the re-allotment of wealth. However, some people are ... uninformed about the rules that govern the re-allotment of wealth when they have not drafted a will. 

READ MORE
147
Article

Understanding the Distinction between Living Wills and Last Wills and Testaments

02 April 2024,  André Styger

While both documents are essential components of comprehensive estate planning, they serve distinct purposes and address different aspects of an... individual's life and well-being. This article explores the definitions, functions, and legal implications of living wills and last wills, shedding light on the significance of each in ensuring the wishes and intentions of individuals are respected in both life and death.

READ MORE
49
Article

When can a Will be challenged?

02 April 2024,  Melody Sithole

A Will can be described as a document that expresses the last wishes of an individual about how their property... must be distributed when they die. The document must be written, signed and formal.  The last wishes can be challenged in the following situations:

READ MORE
46
Article
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Filter: Transfer
The when, what and how of estate agent commission

12 October 2021

We’ve put our house in the market and have an estate agent that is helping us sell our property. However,... we have also told our friends that we are selling should anyone know of an interested buyer. But what happens if we get a buyer independent from our estate agent? Must we still pay agent’s commission?

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641
Article
Should I be nervous when dealing with a trust?

06 August 2015

I was recently made an offer to sell my business. I was not really planning on selling but the offer... sounded interesting. However, when I received the proposed offer I noticed the purchaser was a trust. I don’t know much about trusts and it made me nervous that a trust was involved as I’ve heard stories about having to be careful when dealing with a trust. Is this true, or am I being overly cautious?

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538
Article
Last chance to transfer your property tax free. But act quickly!

22 November 2012

Recent amendments to the Income Tax Act have made it possible to transfer residential property from a legal entity (trust,... company or close corporation) to an individual, without paying transfer duty, capital gains tax, dividends tax or secondary tax on companies. However the deadline for making use of this tax amnesty is 31 December 2012. Have you missed the window of opportunity or can you still make it before the end of the year?

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436
Article
Deel 2: Kan ek my huis verkoop aan ‘n buitelander woonagtig buite Suid-Afrika?

27 September 2012

Jou strandhuis is in die mark vir verkoop of verhuring. Die Franse paartjie het die advertensie op die internet gesien,... kontak gemaak uit Frankryk en stel belang om jou strandhuis te koop of te huur vir vakansies in Suid-Afrika of selfs later in te woon indien die man se aanstelling as streeksbestuurder van die nuwe Afrika-been van sy Franse maatskappy realiseer. Is dit so maklik? Kan jy sommer net jou huis so oor die telefoon verhuur of verkoop aan hierdie buitelanders? Sal die transaksie geldig wees en is daar spesifieke vereistes vir so ‘n transaksie? Die antwoorde op hierdie vrae is van groot belang vir verhuurders en verkopers wat buitelandse huurders of kopers in gedagte het.

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510
Article

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