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Discovering that a loved one’s deceased estate has more debt than assets is a deeply unsettling experience. It raises an immediate and frightening question: does the family have to pay? And if not, what actually happens to the...
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Most people sign a marriage certificate without giving much thought to what happens if their spouse accumulates serious debt. The reality is that your choice of matrimonial property regime, made before the wedding or defaulted into by doing...
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Most South Africans know that a will is important. Far fewer understand how a will actually works, and the gap between what people assume and what the law says can be costly, contentious, and deeply unfair to the...
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If you die without a valid will in South Africa, your estate is distributed according to the Intestate Succession Act — not your personal wishes. This article explains how intestate succession works, who inherits when there’s no will,...
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Estate duty is a tax that SARS levies on the value of your estate when you die. At 20% on dutiable amounts above R3.5 million — and 25% on amounts above R30 million — it represents a significant...
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