FISA believes that every South African should have a will. If you die without a will, the law of intestate succession is applied to the distributable portion of your estate. Why this may not be satisfactory has been well documented. The issue is not so much whether you should have a will but rather [...]
Tag Archives | wills
Do you truly have control over your estate?
When the Maintenance of Surviving Spouse’s Act slipped into law in 1990 it attracted scant attention and the full implications of the legislation were not realised. The provision that a surviving spouse was allowed to claim maintenance from the estate of the deceased spouse was seen as a necessary protection (usually for a wife) whose [...]
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Structuring an Estate Plan
It is estimated that you will spend 76 800 hours building your estate during your lifetime. If you don’t spend at least two hours planning it, you could waste up to one quarter of your estate on unnecessary expenses and taxes. In addition, your heirs / dependants may never receive what is due to them. [...]
Retirement Annuities remain a good estate planning tool
The opportunity to make additional provision for retirement, together with the potential for tax, and estate duty savings, will ensure the continued popularity of retirement annuities as an estate planning tool. What is estate planning? The most widely recognised definition of estate planning is that it is the arrangement, management, securement and disposition of a [...]
Estate Planning is not just for the Wealthy
Every year, thousands of families are left in difficult financial situations as a result of their loved ones not having put in place adequate estate planning in the event of their death. In South Africa, it is estimated that as much as three quarters of South Africans admit to having no form of estate planning [...]
Larrson ‘thriller’ shows danger of dying without a will
The legal ‘thriller’ bequeathed by Swedish crime writer Stieg Larrson is a cautionary tale for thousands of South Africans that fail to make a will, says BJM Trust, a leading specialist in trust management and testamentary matters. The author’s posthumous millions have gone to his father and brother while his life’s partner has received nothing [...]
Tax Guide 2012
Latest Issue - 30 April 2012
In This Issue:
- Local and offshore ETFs
- Why stock selection is key
- Medical Survey - the cost of healthcare
- New player in life insurance market
Newsletters
Newsletter 17 May 2012: Lump sum versus debit order, 3 essentials for a confident investor
In today’s newsletter we look at investing with a lump sum or regular contributions – how do they stack up against each other? We also share three investment tips to cope with uncertainty. Being right about muddle-through hasn’t made investing any easier Most predicted that politically and often economically the year 2012 would be a [...]
