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Death of a Close Corporation Member – Now What?
Assets in a deceased estate may include interests or shares in a business venture, such as a Close Corporation or Private Company PTY (Ltd), which are also subject to be dealt with by the Executor in the administration of the deceased estate however, this is subject to the provisions of an Association Agreement, the Close Corporations Act in the case of a Close Corporation and the Shareholder’s Agreement (if any) in the case of a private company.
What Does an Executor Actually Do?
This article explores the duties and responsibilities of being an Executor of a Deceased Estate.
I Have Assets in Multiple Countries. Do I Need More Than One Will?
With assets in multiple countries, the inevitable question becomes – how many Wills must I now have?
Is My Will Valid or Invalid?
This article delves into the question as to whether or not the Will that you have is valid or invalid and the consequences thereof.
How Much it Costs “To Die”?
The deceased Estate winding up process can be very overwhelming for the family of the deceased. Especially as they go through the grieving process. It is a complex and lengthy process that can take a very long time to complete. And if you are reading between the lines, this also means that it will include a number of (sometimes hidden) costs.
“Estates” – Only For the Rich?
An Estate is not only for the posh, fabulously rich and somewhat famous individuals on Bling Empire, the process of planning your Estate, with its values, possible deductions and exclusions of various taxes is complex and intricate.
Wills — The Do's and Don’ts
Wills - the Do’s and the Don’ts - What should you not put in to your will? How often should I update my will? Can I amend my will without telling my spouse? Can I put my dog in my will?
Service Areas in South Africa
Finding a trustworthy and reliable legal practice to handle all of your legal needs in Gauteng should not be a hassle. At Benaters, we aim to make all your legal requirements easy to understand and help you every step of the way.
Death and Taxes
When a natural person dies, that person is called a ‘deceased person’ and all his or her assets on the date of death are placed in an estate. This estate is then referred to as a deceased estate. And arising from this deceased estate are certain inheritance taxes that the deceased estate has to pay.
Legal Services For Expats
Everyone has a cousin in Australia! Something we have said in jest before. But the truth is, immigration is a topic of conversation which has become commonplace nowadays - “when are you planning on leaving the country?” asked by every parent, aunt, uncle and well-meaning friend of a friend. It is safe to say that we have all had this type of conversation at one point or another over the years.