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retirement fund
Most families dealing with an aging parent’s finances assume a signed power of attorney will carry them through, whatever happens. It is a reasonable assumption, and it is wrong. In South Africa, a power of attorney does not survive the moment the person who signed it loses the mental capacity to manage their own affairs....
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South Africans have always had an appetite for offshore property. Whether it is a holiday apartment on the Portuguese coast, a buy-to-let in the United Kingdom, a second home in Mauritius, or an investment property in Australia, cross-border property ownership is increasingly common among South Africans who have built wealth over a lifetime of work....
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Losing a spouse is one of the most disorienting experiences a person can go through. In the days and weeks that follow, most surviving spouses describe the same thing. A fog that makes even simple decisions feel impossible, while the world around them expects answers, signatures, and action. This guide is not a legal textbook....
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For many South Africans, a retirement annuity, pension fund, or provident fund represents one of the most significant assets they have built over a lifetime of work. So it makes sense to ask: what actually happens to that money when you die? The answer surprises most people — and it has significant consequences for how...
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