Avoid the heartache and headache! This year, National Wills Week is from 17th to 21st September, and is a time when participating attorneys in South Africa will draft basic wills for free. If you haven’t already written a will, this presents the perfect opportunity to do so before it’s too late. Writing a will could...
In the wake of the 2018 budget, there are recent changes that could affect your estate, especially with regards to paying VAT, Master’s fees and estate duty. Here’s a quick snapshot! The good news is that executor’s fees remain at 3.5% of your total assets, plus VAT. However, as you’re likely all too aware by...
With discretionary investments, the tax rules that apply are specific to you as an individual, as you are buying directly into direct shares or direct unit trust investment options. In this video, Ruark explains discretionary investments, including: Tax wrappers How discretionary investments work for your income and tax How to get there best out of...
Endowments have some good benefits about them. Such as the fact that they can reduce the tax rate within trusts or that they pay out tax-free for you. However there are conditions about endowments for individuals. Ruark presents a breakdown of endowments according to: What benefits endowments have How to benefit from endowments Who can...