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ESTATE PLANNING FOR WOMEN

BOEDELBEPLANNING VIR VROUE Elke persoon het ‘n boedel en benodig ‘n boedelbeplanning, want by die gebrek aan ‘n plan is u gedoem om te misluk. Almal het boedelbeplanning nodig en is dit ‘n mite dat dit slegs bedoel is vir ryk persone met baie besittings. Hou dus op verskonings maak: u is nie te jonk, [...]

CHECKLIST WHEN BUYING YOUR FIRST PROPERTY

Political uncertainty and economic instability have limited growth in the South African property market, but it remains one of the safest investments a person can undertake in times like these. And according to experts, now is a very good time to make such an investment in the Garden Route area. However, to buy a property [...]

HOW DOES THE DECEASED ESTATE ADMINISTRATION PROCESS WORK

The administration of a deceased estate is done within the framework of and in compliance with the Administration of Estates Act 66 of 1965. The administration process entails a large amount of detailed administrative work. This article serves as a general overview to give you an indication of what to expect. All relevant information and […]

PARENTAL RIGHTS OF MOTHERS

On 12 May 2019 mothers across our country will be celebrating Mother’s Day. This day is special in that all mothers are recognized for their hard work and sacrifices made in raising their children, a task which is not only enormous but can sometimes be daunting and challenging. Women with children born out of wedlock […]

CAN YOU TRUST YOUR TRUST DEED?

A Trust Deed is the constitutional and founding document of a trust. It is the written document according to which your trust was created and sets out the framework within which the trust is to operate. Trusts are often used as estate, business and succession planning tools and the benefits which flow from the proper […]

WHAT ON EARTH CAN GO WRONG?

This is the slogan of a well-known insurance company on television. A search on the internet will show that there is actually 6,300 tons of space junk that orbits the earth. Did you ever consider the possibility that this space debris can penetrate the earth’s atmosphere and cause loss and destruction? Who will be liable […]

VELDFIRES – A NIGHTMARE YOU SHOULD AVOID

In June 2017 Knysna experienced one of its worst disasters yet when 500 houses were destroyed and approximately 7000 people had to be evacuated due to veldfires. In addition to the recent Knysna fire, veldfires have become an unfortunate regular heading, specifically in the Southern Cape. Veldfires causes extensive damage to properties, sometimes coupled with […]

IS BUSINESS RESCUE AN OPTION FOR YOUR BUSINESS?

Many companies find themselves under financial pressure in today’s challenging and complex economic and trading environment. It is imperative that directors of enterprises immediately take appropriate action and decisions when it comes to light that their business is in financial distress. This allows for expert knowledge and advice to be obtained in time for a […]

CRYPTOCURRENCY IN YOUR ESTATE

It was inevitable that virtual money and digital currency would find its way into our everyday lives. After all, we have virtual friends thanks to social media and virtual shopping malls thanks to online retailers…. Cryptocurrency forms part of your digital assets. Unlike other digital assets such as login credentials and social media profiles, it […]

KEEPING A FAMILY OUTSIDE THE COURT

Family law issues such as divorce, maintenance and contact rights with regards to minor children are always accompanied by emotion. There is usually animosity between the parties which results in them wanting to attack each other with the full force of the law and litigation. Unfortunately, litigation more often than not, only adds fuel to […]

IS YOUR WILL LEGAL AND VALID?

We spend most of our time building a financially safe and stable future for ourselves and our loved ones. Whether you are young and recently started a career, or middle-aged and at the top of your career, or maybe you have already paid your dues and now enjoy retired life, everyone has a unique ‘estate’ […]

“NEW”/”OLD” LEGAL PRINCIPLES REGARDING THE ACCRUAL SYSTEM

In two recent court decisions, in the Supreme Court of Appeals and the High Court, Western Cape respectively, important aspects regarding marriages out of community of property to which the accrual system applies, are considered. In the matter between ST v CT, the Supreme Court of Appeal confirms the distinction between the stipulated initial value […]