Articles Published - Wills, Trusts and Deceased Estates Archives - Page 3 of 3

Pulse | Holiday to-do list: Update your will

With the holiday season in full swing, many of us have planned local or overseas vacations to relax, unwind, and reflect on the past year with family and friends. An often-ignored aspect of careful holiday planning, however, is the necessity

Blog | Reminder: D-day for lodging beneficial ownership registers

Designed to enhance transparency of the regulatory regime governing the beneficial ownership of trusts, the Trust Property Control Act (‘the Act’) and its Regulations were amended in 2023 to facilitate the introduction of progressive reporting mechanisms. Resultantly, trustees are statutorily

Advice on wills and offshore assets

We are receiving an increasing number of queries for assistance with wills where clients have assets outside of South Africa. Regarding offshore assets, we recommend in all instances that clients have separate wills in each territory in which they hold

Pulse | Pension Funds Adjudicator dismisses claim that biological twins of deceased sperm donor are entitled to receive death benefits

In a ruling that evinces the contemporary complexities of the family law terrain, the Pension Funds Adjudicator (‘PFA’) recently dismissed a peculiar claim from the mother of a deceased sperm donor’s biological twins against Old Mutual Wealth Retirement Annuity Fund

STBB Newsflash | Deceased estate administration: Important update on foreign executors and SARS eFiling

STBB’s Estates Department is currently experiencing considerable delays in finalising the administration of deceased estates where the appointed executor is a foreign national or South African citizen who resides abroad and has not yet updated their details with the South

Pulse | Safeguard your legacy: Seven reasons you need a will

A key instrument in the management of your affairs post-death, a carefully drafted will provides direction and clarity to your loved ones and gives you peace of mind that your instructions and wishes will be implemented. Accordingly, it is essential

Trusts – Should You Be Charging Interest On Loans Made To A Trust

When will s7C apply? Clients who have made, as well as those who are considering making, interest-free or low-interest loans to trusts must take note of a recent inclusion to the Income Tax Act (“the Act”). This inclusion comes in