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In a world where love knows no borders, the law still does. For same-sex couples in South Africa, the journey toward equality has been marked by landmark victories from the legalisation of same-sex marriage to the recognition of life partnerships in inheritance law.
South African billionaire, and Sygnia co-founder and CEO, Magda Wierzycka, has been in the news after saying in a TV interview that she is considering moving back to SA from the UK due to changes in inheritance tax laws.
Despite the importance of estate planning, too few South Africans have a valid will, leaving their families vulnerable to prolonged legal battles, unexpected taxes, and emotional disputes. With September being Wills Month, it's an ideal time to learn about wills, trusts, and the key role trustees play in protecting your legacy.
When Giorgio Armani passed away at the age of 91, the legendary Italian fashion designer and founder of the Armani empire, left behind more than a valuable multinational – he left a carefully scripted succession plan for the luxury-goods business he had built since 1975.
The strongest deterrent against FSP compliance missteps is or should be: