Historical Municipal Debt on Property

South African households owes over R 59 billion to municipalities for basic services and property rates. Municipalities are now under pressure to collect the outstanding debt due to their failure to enforce proper credit and debt collection policies, as required by...

WHY IS A WILL SO IMPORTANT?

If you die without a will, you die “intestate”, which means you have absolutely no say in: – 1.  Who is appointed as executor of your estate.  Rather choose a competent professional to protect your heirs’ interests independently and quickly; and 2.  Who will...

The New Companies Act, 2011

The New Companies Act, 2011 requires ALL companies toconvert their existing Memorandum and Articles of Association to a Memorandumof Incorporation (MOI). To avoid any problems, this should be done before 30 April 2013. Time is limited, so do not hesitate to contact us...

Are your (trade) secrets safe?

RESTRAINTS OF TRADE When an employee leaves your company he or she might depart with knowledge of your trade secrets or confidential information about your business. This could be detrimental as the information could land on your competitor’s doorstep. It is therefore...

Make sure you have a valid will

The day you start earning money is the day you should make sure that you have a valid will.  If you do not, the law will dictate how your assets are distributed after you die. A will is especially important if you need to make provision for your dependants. The last...