“Divorce is the one human tragedy that reduces everything to cash.” (Rita Mae Brown) Your will is a legal document that spells out how your assets should be distributed when you pass away. This is all well and good when you’re married and you want to leave everything...
Aligning Your “Wheel of Life” – A Beginner’s Guide
As your wheel of life turns, your financial needs, goals and focuses change. When you start working, you’re absorbed by accumulating assets. Later, as you near retirement, your focus shifts to wealth preservation. And eventually, when you’re settled and comfortable in...
Are you the Beneficial Owner of Trust Assets?
In an attempt to head off greylisting, Parliament recently amended the Trust Property Control Act, the act that inter alia governs trusts, including the typical family trusts that have been established for the benefit of many individuals and their families. A...
The Costs of Dying: Are you prepared?
Local attorneys De Klerk & Van Gend recently highlighted that few people appreciate all the costs in settling a deceased estate. These costs include: Executor's fees and costs Taxes like outstanding Income Tax and Capital Gains Taxes Estate Duties Settling...