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...
Estate planning is a critical part of securing your legacy, and understanding how your marital regime affects your Will is an essential step in the process. In South Africa, marital regimes dictate how assets are managed during the marriage and what happens to them...
When it comes to estate planning, life’s changing circumstances might require you to adjust your will. This is where a codicil comes into play. A codicil is a legal document used to amend or supplement an existing will without rewriting the entire document. It ensures...
When drafting a will, ensuring the welfare and security of minor children is a top priority for many parents. One critical provision that addresses this is the guardian clause. This clause outlines who will take on the legal responsibility of caring for minor children...
