An attorney can advise you on all the legal implications of your estate plan. Estate planning is a crucial step in ensuring that your property and assets are preserved and distributed according to your wishes after your death. With the right advice, you can minimise estate taxes and ensure that your loved ones are legally …
Why is the assistance of an attorney your best bet when planning your estate? Read More »
When drafting or updating a Will, it is very important to know what exactly the functions of an Executor, Guardian or Trustee are and who you should entrust with these functions. One of the first questions to consider when drafting a Will, is the appointment of an Executor. The duties and responsibilities of an Executor …
Appointment of Executors, Trustees and Guardians – Why it is important – Cleo Cupido Read More »
A divorce is often both financially and emotionally taxing for the parties. One of the matters requiring attention is that of a Will containing bequests to a former spouse. This is also a matter dealt with in legislation. Section 2B of The Wills Act 7 of 1953 provides that if a person dies within 3 …
The importance of drawing up a Will that complies with the necessary formalities is brought home to us in difficult times. One of the formalities of a valid Will is that it must be in writing, typed or handwritten. A handwritten Will is valid, but it must be written by the testator /testatrix or another …
During these uncertain times, it is even more important to ensure that your family members have access to the following information and documents: Important Documents: Copy of your Will and, if applicable, the originals of any trust documents, title deeds, insurance policy documents, investment certificates, registration document(s) of motor vehicle(s), marriage certificate, ante nuptial contract …
Lockdown lists: Get your important documents in order. by Sisteen Geyser Read More »
Wills should have clear provisions on the rights of family members to immovable property after the owner dies. One way (the simplest) is to direct in the will that the property be sold and the proceeds divided among the children. This will avoid any joint ownership that could lead to disagreements among his children. However, …
Family rights to immovable property after death of the owner by Trust and Estates Read More »
Wills should have clear provisions on the rights of family members to immovable property after the owner dies. One way (the simplest) is to direct in the will that the property be sold and the proceeds divided among the children. This will avoid any joint ownership that could lead to disagreements among his children. However, …
Family rights to immovable property after death of the owner by Trust and Estates Read More »
At this time of the year, our firm would like to remind our clients of the importance of drawing up a Will, or updating your Will on a regular basis. Changing circumstances which may necessitate a revision of your Will, include a marriage, the birth of a child, a divorce, the drastic deterioration in your health, …
When last did you update your Will? by Sisteen Geyser Read More »
Wills should have clear provisions on the rights of family members to immovable property after the owner dies. One way (the simplest) is to direct in the will that the property be sold and the proceeds divided among the children. This will avoid any joint ownership that could lead to disagreements among the children. However, …
Family rights to immovable property after death of the owner By Sisteen Geyser Read More »
Trustees manage the trust assets on behalf of the beneficiaries and must act with skill, due care and in good faith and, but their work is not always justly rewarded. Section 22 of the Trust Property Control Act provides that trustees shall be entitled to the remuneration for the execution of their official duties provided …
How much may Trustees pay themselves? by Sisteen Geyser Read More »