by VDT Attorneys | Aug 29, 2025 | Accrual, Claims, Deceased Estate, Estate disputes, Estate Planning
Estate planning is one of the most important steps you can take to ensure that your wishes are carried out after your death and loved ones are provided for. It establishes clarity, legal certainty, and peace of mind. However, even a carefully structured estate plan is...
by VDT Attorneys | Oct 29, 2024 | Estate Planning, Executor
The first choice is to select an executor in your will. This means that you should have a will that you regularly review to ensure that your executor nomination is still appropriate and meets the requirements listed below. As a rule, you can select anyone as your...
by VDT Attorneys | Sep 2, 2024 | Art, Deceased Estate, Estate duty, Estate Planning
Following an individual’s passing, their estate may be subject to various taxes including Income Tax, Capital Gains Tax, Donations Tax, Estate Duty, and potentially VAT. The specific tax liabilities will vary based on the types of assets in the estate and the...
by VDT Attorneys | Apr 22, 2024 | Corporate, Corporate structuring, Estate Planning, Tax, Trust
A trust is a unique legal entity created to hold assets for the benefit of its beneficiaries. Trustees are entrusted to manage the trust’s affairs in favour of the beneficiaries according to the provisions of the trust deed. As a separate legal entity distinct...
by VDT Attorneys | Apr 22, 2024 | Budget, Budget Speech, Estate Planning, Reporting, SARS, Wealth management
Over the past decade, there has been much speculation surrounding the potential introduction of formal wealth taxes in South Africa. Drawing parallels from international models, such a tax would be a percentage-based tax calculated on the market value of an...
by VDT Attorneys | Apr 22, 2024 | Abatements, Budget, Budget Speech, Estate Planning, Reporting, SARS
In the ever-evolving landscape of offshore structuring, the interplay between exchange control regulations and global tax policies can have significant implications for South African individuals and businesses having offshore structures, as governments worldwide...