by VDT Attorneys | Aug 28, 2023 | Emigration, Estate Planning, International estate planning, Wills and estates
Many South Africans who have emigrated or are contemplating emigration may still end up owning assets situated in South Africa. This may vary from the family’s holiday home that has been retained for family holidays or other property investments that may not be...
by VDT Attorneys | Jul 26, 2023 | Divorce, Estate Planning, Maintenance, Property transfers
The foundation of any successful property transaction for cohabiting partners is open and honest communication. It is crucial to have transparent discussions about financial goals, preferences, and long-term plans. Communicate your expectations, financial...
by VDT Attorneys | May 29, 2023 | Deceased Estate, Estate Planning, Executor, Will, Wills and estates
The Administration of Estates Act 66 of 1965 (“Act”) differentiates between the winding up of small and large estates. When dealing with an estate smaller than R250,000, the process can be fairly simple and quick. A representative appointed in terms of a valid Will or...
by VDT Attorneys | Mar 29, 2023 | Estate Planning, Fiduciary, Trust, Will, Wills and estates
When you get married in South Africa, your marriage is automatically in community of property unless you conclude an antenuptial contract to change this. This means that without an antenuptial contract, all assets and debt incurred before and after the marriage by...
by VDT Attorneys | Nov 22, 2022 | Estate Planning, Trust
A family trust is a trust where the trustees are beneficiaries of the trust and the beneficiaries are related to each other. It has become common practice to use such a family trust created during the life of the trust founders as a tool for asset protection and...
by VDT Attorneys | Dec 14, 2021 | Deceased Estate, Estate Planning, Property
Where immovable property has been acquired by a person during their lifetime and such person passes away, the property forms part of that person’s estate and must be administered according to his will. The deceased can nominate one or more persons in his will to...