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April 15, 2020

How to execute a will during physical and social distancing

The Wills Act No 7 of 1953 prescribes how a Will has to be signed by a testator and 2 witnesses for it to be accepted […]
September 9, 2013

SECURITY ESTATES BEWARE: YOUR LEVIES AT RISK IF OWNER GOES UNDER

There are many advantages to living in a security estate, provided that the HOAs (Home Owners Associations) which normally run them are financially sound. Since HOAs […]
September 9, 2013

DIRECTORS PART 1: YOUR DUTIES, AND YOUR RISK

Your risk of personal liability for any “loss, damages or costs”, sustained through your actions (or omissions) by any company of which you are a director, […]
September 9, 2013

DIRECTORS PART 2: HOW TO LIMIT YOUR LIABILITY

“The biggest risk is not taking any risk… In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking […]
August 7, 2013

BUSINESS PLANNING

Owning a business requires careful succession planning and is part of your estate planning as you have to determine who will succeed you or who will […]
August 7, 2013

TRANSFER OF A PROPERTY: IS VAT OR TRANSFER DUTY PAYABLE?

A Purchaser is responsible for payment of transfer cost when acquiring an immovable property, but it should further be established if the transaction is subject to […]
August 7, 2013

WHY YOU MUST MAKE A WILL NOW!

“The best time to plant a tree is twenty years ago. The second best time is now” (Wise advice for procrastinators from ancient China) It’s easy […]
August 7, 2013

BE CAREFUL SIGNING SURETYSHIPS! AND WHAT TO DO WHEN THINGS GO WRONG

R16,6m – that’s how much (plus interest and costs) the High Court recently ordered two sureties to cough up in their personal capacities.  The sureties had, […]
July 4, 2013

COMPLIANCE CERTIFICATES REVISITED

On the sale of immovable property a number of compliance certificates are required either by law or as a matter of standard practice. The Occupational Health […]
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