Estate Planning

In South African law, a principle known as collatio assumes that parents intend for their children to inherit equally. This rule requires all descendants, whether inheriting through a will or intestate succession, to account for certain assets they have received from...

The first possibility is that the insurer might pay the full policy proceeds to the bank, as some insurers believe that a security cession revokes the beneficiary designation while the cession is in effect. The second possibility is that the insurer might inquire with...

Many South Africans currently find themselves in an unexpected but critical role as the financial supporters of their elderly parents. The combination of a difficult economy and inadequate retirement funds has created a new reality where children must often take...

  Moet daar ’n benoemde begunstigde soos ’n testamentêre trust of gade vir jou lewensversekeringspolis wees? Die antwoord hierop sal van geval tot geval verskil, aangesien die individu se omstandighede eers in aanmerking geneem moet word alvorens ’n sinvolle besluit...

Voor ons oor die noodsaaklikheid van boedelbeplanning praat, kom ons kyk net eers gou na die definisie. Dit is die proses waardeur ’n individu of familie die oordrag van bates reël in afwagting van dood. ’n Boedelplan se doel is om die maksimum hoeveelheid welvaart...