by Honey-AdminWho is the Executor and what does he/she do?
31 July 2021 | M Orffer The Executor of your estate is the person appointed to see to the administration of your estate once you have passed away. An Executor is appointed by the Master of the High Court in terms of the Administration of Estates Act, 66 of 1965 (hereinafter referred to as “the Act”). The Act gives an appointed Executor certain rights and responsibilities, and it...
by Honey-AdminThe importance of Estate Planning
People generally have a misconception about estate planning in that they think they require a large estate in order to have to plan their estate. This is not true. Estate planning is an effective process which can increase your wealth, safeguard your assets and honour your wishes once you have passed on.
by Honey-AdminAppointment of a curator
The appointment a curator (from Latin: cura, meaning “to take care”) has become a more regular occurrence in our Courts, especially taking into account, the proliferation in the number of motor vehicle collisions, resulting in the personal injuries and the subsequent mental incapacity of such persons. Therefore, the need for a person appointed by court, to care for the interdicted person or...by Honey-AdminIs the Living Annuity part of the Estate for purposes of calculating an accrual?
4 September 2020 | SR Mokhele A Living Annuity is a financial product that pays you a regular income. You can choose between two types of annuities: a Guaranteed Annuity or a Living Annuity. As member of a pension, pension preservation or Retirement Annuity fund, you must use at least two-thirds of your fund proceeds AT RETIREMENT to purchase an annuity. The annuity contracts state...by Honey-Admin