In today’s evolving regulatory landscape, beneficial ownership registration has become a crucial requirement for both trusts and companies in South Africa. This process is essential for ensuring transparency, compliance, and accountability, particularly in light of...
Estate planning is an essential process for anyone who wants to ensure their assets are protected and efficiently transferred to their heirs. However, for business owners, estate planning takes on an added level of complexity. Without a structured plan, a business can...
The conduit principle is a cornerstone of trust law and estate planning in South Africa, playing a significant role in the taxation of income and capital gains within trusts. However, recent court rulings have sparked debates about its application, leaving trustees...
Trusts are widely used in South Africa as a vehicle for estate planning, asset protection, and wealth transfer. While they offer several benefits, trusts also come with specific tax obligations and advantages that trustees and beneficiaries need to understand. In this...
Divorce is a challenging time for all parties involved, particularly when it comes to dividing assets. In South Africa, trusts are often used as an estate planning tool to protect assets, but they can also complicate matters during a divorce. Understanding how trusts...