ALL ABOUT TRUSTS: It often happens that trustees do not actively participate in trust matters on an on-going basis – such as when soon-to-be-ex-spouses do not want to face one another in trustee meetings, or when people simply rely on an (invalid) clause in a...

We saw a slight uptick on the local markets yesterday, after a volatile week.

As is sadly all too frequent, wills can trigger family disputes on the death of the testator. An extreme example of this is the Miramar murders which took place in Tapei in 2016; an alleged double murder and suicide resulted in the death of three brothers, all members...

This is a very useful article by Phia van der Spuy and it is important to bear in mind the Transfer Duty implications for the acquirer of immovable property from the Trustees in certain circumstance.   TRANSFER Duty is an indirect tax levied on the acquisition of...

Osman and Others v Nana N.O and Another [2021] ZAGPJHC 47 The deceased (S) died in April 2018, apparently without a valid will. He was a medical doctor. The first respondent (N), one of the daughters of S, was appointed as executor of the deceased estate by the Master...

A sperm donor has failed in his bid to have contact with the child he ‘fathered’. This is the effect of a ruling by Gauteng High Court (Pretoria) in an unusual battle in which the donor and his mother sought visitation rights for the now five-year-old child. The...

Estate Duty is a material ‘death tax’ that very few people take cognisance of. Luckily, in terms of Section 4(q) of the Estate Duty Act, but subject to its strict requirements, relief is provided to surviving ‘spouses’ who may have contributed to the accumulation of...

The Rand in tandem with South African stocks retreated yesterday, tracking declines in emerging-market peers as the US Federal Reserve’s hawkish turn hurt appetite for riskier assets. The Rand slid to R14.16 to the greenback yesterday and is currently trading at...