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Are you sure your business is “HEALTHY”?

Are you sure your business is “HEALTHY”?   Many companies find themselves under financial pressure in today’s challenging and complex economic and trading environment. It is imperative that directors / owners of enterprises regularly check the “vital signs” of their business and immediately take appropriate action and decisions when it comes to light that their […]

BAIL AS OPPOSED TO TRIAL

BAIL AS OPPOSED TO TRIAL Following numerous enquiries received because of recent high-profile crimes, it is important to provide more clarity on the principle of bail versus trial. When a person is arrested and charged with an alleged crime, he / she is entitled to apply for bail. The state, in collaboration with the investigating […]

Sectional Title Units: Who pays for maintenance and repairs?

Sectional Title Units: Who pays for maintenance and repairs? We often receive queries from clients regarding the maintenance and repair of sectional title units and who’s responsible to pay for what. The short answer in terms of the Sectional Title Management Act is that it is the body corporate’s responsibility to maintain all the common [...]

When tough decisions are required in your business

When tough decisions are required in your business I quote from a book written by Judge Davis and others: “a natural consequence of any market-based economy, is that some companies will fail.  This is not necessarily a bad thing, and most industrialised nations recognise that failed companies are part and parcel of a healthy economy.  [...]

DIVORCE ORDER READS THAT THE HOUSE IS YOURS, BUT IS IT REALLY?

DIVORCE ORDER READS THAT THE HOUSE IS YOURS, BUT IS IT REALLY?   Recent case law (Fischer v Ubomi Ushishi Trading CC and Others) again emphasized the importance of taking transfer by way of registration in the deeds office pursuant to a divorce order granting an ex-spouse’s half share in property to the other spouse [...]

Matrimonial dispensations in South Africa

Matrimonial dispensations in South Africa   There are three types of matrimonial property dispensations in South Africa. Marriage in community of property, marriage out of community of property to which the accrual system applies and marriage out of community of property. It is essential to understand the differences before you get married. Marriage in community [...]

ESTATE PLANNING FOR WOMEN

ESTATE PLANNING FOR WOMEN   Everyone has an estate, and everyone needs a plan, because having no plan is planning to fail. Estate planning is not only for the wealthy, it’s for everyone. Stop making excuses, you are not too young, too old or too busy to start planning – just do it, take that [...]

CHECKLIST WHEN BUYING YOUR FIRST PROPERTY

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 [...]

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 […]

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