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Should your heirs have full, unrestricted control over your living annuity when you die?
As more South Africans build wealth internationally through offshore investments, foreign property and global business interests, estate planning becomes increasingly complex.
It is not often that an estate I have administered, and where necessary defended in my capacity as executor, finds its way into reported case law. I am grateful this one did.
For many South Africans, a will is still a once-off legal document, drafted, signed and stored away for “one day”, not to be thought of again, if at all.
The strongest deterrent against FSP compliance missteps is or should be: