NATIONAL FREE WILLS WEEK

The Law Society of South Africa aims to give back to the general public through various initiatives, one being the annual NATIONAL FREE WILLS WEEK.  This year the FREE WILLS WEEK will be running countrywide from 7-11 October 2013. During this week, participating attorneys will draft basic wills free of charge. However, only a new […]

TIME FOR ESTATE DUTY TO GO?

The days of estate duty may be numbered according to Nicolene Schoeman of Schoeman Attorneys and an article by Barry Ger, Cape Town-based tax consultant, in the May issue of De Rebus, the SA attorneys’ journal published by the Law Society of South Africa (LSSA). His opinion is echoed by several other media reports. In […]

IS FIXED PROPERTY IN A TRUST STILL VIABLE?

Gerrie Vosser examines the tax and costs related to different scenarios in order to determine whether it is still a feasible option to hold fixed property in a trust. For many years the high transfer duty rate applying to trusts made it less attractive to purchase fixed properties in trust, a situation that changed, quite unexpectedly, for the better when […]