Delport v Le Roux and Others [2022] ZAKZDHC 51   The applicant (D) brought an application under section 2(3) of the Wills Act, 7 of 1953 (the Act), asking the court to declare a document allegedly signed by the deceased (LR) as his last will and testament. The...

Markets rallied on Friday on hopes that China, the world's second largest economy, would ease its strict Covid-Zero policy.

The JSE saw a rather flat trade session on Friday and closed in the red as it tracked global peers lower. The All Share Index (-0.58%) and the Top 40 Index (-0.64%) fell to 66 584 points and 60 014 points respectively, by the closing bell. Industrials (-2.27%) were...

The applicant (P) and the respondent (S) were married in 2001, out of community of property with inclusion of the accrual system. They were getting divorced in 2015. The divorce trial started on 18 February 2015. Twenty days prior to the start of the trial P set up a...

Some estate planners and trustees are not aware that a trust is regarded as a separate taxpayer, who has to register as such, and who has to submit relevant tax returns. Trust income was always taxed in the hands of the trust unless it vested in the hands of the...

Justice & Correctional Services Minister Ronald Lamola is confident the backlog in the Master’s Office – which accumulated during the Covid-19 pandemic and as a result of a September 2021 cyberattack – will be cleared by the end of December.   According to a...

Indicators 13.07.22   Source: FNB Securities

Market Movements 13.07.2022

Many boards of trustees have made distributions (often on paper only) to beneficiaries for the trusts’ February 2022 financial year-end in order to pay less tax on trust income and capital gains. A number of trustees forget that it does not stop there – beneficiaries...