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In a recent Supreme Court of Appeal judgment in WT v KT, the Supreme Court of Appeal ruled that trust assets do not form part of a joint estate.
Freedom of testation is a fundamental principle of our law. Briefly, freedom of testation provides that a person is free to dispose of the assets which form part of their estate at death in any manner that they like.
Fiduciary specialists have always played an integral role in drawing up holistic estate plans for clients.
Finance Minister Pravin Gordhan has come out of a very testing period of the year unscathed and with his head held high as the National Prosecuting Authority of South Africa decided to withdraw the fraud charges that it levelled against the minister in September.
The strongest deterrent against FSP compliance missteps is or should be: