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The Duties of an Executor

Most people understand the importance of having a Will, but many of them overlook a crucial aspect; the appointment of an executor. Settling an estate may seem like a relatively easy task and in many cases executors are nominated without careful consideration of the...

ARE YOU A PROVIDER OF GOODS OR SERVICES?

If you are, we would like to draw your attention to benefiting your business by promoting fair business practices and creating peace of mind for your customers. What/Who is the Consumer Goods and Services ombud? The “CGSO” is the independent ombud scheme for the...

Cohabitants rights and Road Accident Fund claims

While it may be common knowledge that dependants of a deceased who passed away in, or as a result of a car accident, has a right to claim from the Road Accident Fund (RAF), a ground-breaking judgment delivered by the Gauteng High Court provides a new perspective on...

The Delinquent Director

  When consulting a dictionary the word “delinquent” echoes into “committing crimes”, “lawless”, “lawbreaking”, “criminal”, “offending” and “failing one’s duty” – these are certainly not words we would want to use in the same sentence as “director”. Therefore, it is...

Estate Duty: “Property” vs “Deemed Property”

Estate Duty is levied in terms of the Estate Duty Act 45 of 1955 (the Act) and constitutes a tax which is levied at a rate of 20% on deceased estates. Under current legislation it is levied on the “dutiable amount of the estate” exceeding R3 500 000. Estate duty is...

ESTATE LIVING AND ITS RESTRICTIONS ON HOME OWNERS

With many South Africans opting to stay in gated communities, we have seen a steep increase in estates being developed. Living in these estates does however come with a lot of rules and restrictions that home owners have to adhere to. In the recent case of Singh and...