The events that have unfolded in the DA have shown that Zille has more influence than Maimane. He serves at her pleasure, writes Ralph Mathekga.
Showers early. Mostly sunny. Mild.
It has become pricier to hold assets within a trust, but it's still a useful tool within estate planning.
During National Wills Week, many law firms are willing to draw up basic wills for free.
Now is a good time to review your wealth structures and update important documents, says a fiduciary and tax expert.
The High Court has ordered the immediate removal of Dr Hassen Adams, chair of empowerment company Grand Parade Investments, as trustee of the Hout Bay Development Trust.
In March 2017 the Master’s Office issued a directive stating that all new so-called “family business trusts” must appoint an independent trustee.
Playboy founder Hugh Hefner had a very strict antenuptial contract with his 30-year-old wife, which reportedly excluded her from inheriting anything from his R593m estate.
There is a legal principle which, if not specifically excluded from a parent's will, can lead to a laborious “squaring of the books”.
Unfortunately, practical experience has taught that a fight is often the case when someone dies, says Hilary Dudley, managing director at Citadel Fiduciary.
According to the Office of the Pension Funds Adjudicator, the allocation of death benefits constituted the largest number of resolved cases.
President Jacob Zuma has signed into law several bills that will penalise wealthier investors, higher income salary-earners and trusts. Find out if they will affect you.
If your sole objective in forming a trust is to obtain a tax benefit, then you are likely to be disappointed, says Hilary Dudley of Citadel Fiduciary.
Many people have searched online for templates, for instance for a will, rental agreement, retainer, divorce settlement agreement or employment contract. But they should proceed with caution, experts warn.
Do not underestimate the impact that an improperly drafted will – or the absence of a will – can have on your family.
South Africans should take advantage of the opportunity to have their wills drafted during this year’s Wills Week from 17 to 21 September.
As a result of recent legislative changes, tax structures set up to avoid or defer donations tax and estate duty may no longer be effective, cautions an expert.
Another tax loophole is about to slam shut for South Africans who use interest-free or low interest loans made to a company-connected person in relation to trusts.
A tax expert points out the specific tax proposals contained in the draft tax legislation released for comment last week.
Many questions arise when it comes to the drafting of a will and the administration process in the event of death, says an expert.
If you qualify for a Broad Based Black Economic Empowerment scheme, there could be many pitfalls and better ways to structure your affairs.
More than ever, South Africans are looking into investing offshore, but this is not without risks, cautions an expert at Sovereign Trust (SA).
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