Inheritance taxes and situs assets
The rules relating to inheritance taxes generally vary from country to country. In order to determine whether an asset will be subject to a specific country’s inheritance tax rules it is important to establish the “situs” of that asset. For fixed assets or immoveable properties, the situs is generally easy to determine as this […]
Estate planning and the accrual system
When a couple gets married and enters into an ante nuptial contract the accrual system is automatically included in terms of the Matrimonial Property Act No. 88 of 1984. The accrual system should be expressly excluded in the ante nuptial contract, if the intention is that it should not be applicable to the marriage. […]