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For South Africans who have invested in offshore property, estate planning can be challenging given the legal and tax frameworks of another country. Therefore, it is vital to know what to expect and how to mitigate financial risk.
Why trusts need an independent trustee.
The death of a family member is never a topic that we like to discuss, however it remains a reality that one needs to prepare for in future, which is key for a smooth transition in the closure and pay-out of deceased estates and inheritances.
Savings Month is here and as we see every July, many South Africans are taking the opportunity to review their savings habits and behaviours. One aspect that’s often overlooked is that your hard-earned savings gains can easily be undone by failing to pay sufficient attention to estate planning.
The strongest deterrent against FSP compliance missteps is or should be: