Trusts remain a valuable estate planning and asset protection tool, but they also carry ongoing compliance obligations. Many trustees assume that a dormant trust with no income, assets, or activity can simply be left alone. SARS has made it clear that inactivity does not remove a trust’s compliance obligations. With penalties now being imposed for...Read More

We all know that a comprehensive estate plan, with a carefully crafted will at its heart, is essential to ensure that we’re on track to leave our loved ones financially secure. And that of course requires us to quantify not only our assets, but also the costs that our estate will have to pay out...Read More

Phew! No major tax increases are planned, and taxpayers will benefit from zero “bracket creep” across a range of taxes. While property sellers and buyers will be disappointed that transfer duty thresholds have not increased, there’s reason to get very excited about the 50% increase in the primary residence CGT exclusion from R2m to R3m....Read More