by Yumna Mookrey | Sep 30, 2014 | • Residency; consequences, double nationality, cross border estate planning
The creation of trusts for estate planning purposes or for tax purposes In terms of South African statutory provisions, trust assets vest in a trustee of a trust in his/her capacity as trustee – held separately from his/her personal estate. In divorce matters, in...
by Liesl Fischer | Jul 28, 2014 | • Residency; consequences, double nationality, cross border estate planning, • The will or testament
In terms of Section 2B of the Wills Act 7 of 1953, if there is an existing will and either spouse dies within 3 months of the date of divorce, the ex-spouse will not receive any benefits allocated to him/her in terms of the will. If, however, the ex-spouse dies 3...