Alcock & Associates
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Read more: Differences between a living trust and a will trust
Very often when people seek estate planning advice, they may be advised to consider a trust, but they are mostly advised to avoid the hassle of establishing a trust while they are alive (a living, or inter vivos, trust) and […]
Read more: Level 4 water restrictions and tariffs update
Dear Resident, Level 4 water restrictions came into effect on 1 June 2017 in response to the ongoing drought that has resulted in critically low dam levels. The associated Level 4 tariffs and the annual tariff increases will come into effect on 1 July […]
Read more: WILL YOUR ANC PROTECT TRUST ASSETS ON DIVORCE?
A recent Supreme Court of Appeal (SCA) decision illustrates once again how essential it is, before getting married, to have your attorney structure your antenuptial contract (ANC) correctly, and with as much detail as is needed for certainty. A […]
Read more: WHY IS MY PROPERTY TRANSFER TAKING SO LONG?
After signing a deed of sale, the purchasers often want to move into the property as soon as possible. When they are informed of the process involved prior to the property being transferred, this may damper their excitement. There may […]
Read more: Vineyard Function – 14 March 2017
Great night presenting with clever people. Talking property, estate planning, wills and financial planning. We offer a range of legal services: Administration of Trusts & Estates and Curatorships (applications and administration) Commercial , contracts and agreements Conveyancing Employment Law Evictions […]
Read more: Who can park where in a sectional title scheme?
When it comes to parking bays in a sectional title scheme it is important to keep in mind the type of ownership that one has in a sectional title scheme. Firstly, you will have full ownership of your section that […]
Read more: Is section 13 sex-y?
One of the major Tax Incentives in South Africa is Section 13sex of the SA Income Tax Act. This enables a qualifying investor to claim back from SARS up to 55% of the purchase price of the property/ apartment over 20 years. This has a huge impact […]
Read more: Taxing South Africans to death and beyond
An increase in the estate duty rate and a potential doubling of the capital gains tax rate for individuals are pitted as potential additional revenue sources to make up for increasing budget shortfalls. This, together with recently introduced changes to […]
Read more: BEWARE THE SELLER
Property sellers should not rely on the “blind protection” of the voetstoets clause if they don’t have approved building plans. There is a growing legal shift away from the protective blanket of voetstoets for second-hand property sellers with illegal or […]
Read more: The days of banks suing you in the high court are over
National Credit Act matters must go through the much cheaper – and more accessible – magistrates’ courts. A recent judgment by a full bench of the Grahamstown High Court makes it unlawful for banks to bring National Credit Act matters […]
Read more: MAINTENANCE FOR A SURVIVING SPOUSE
The idea of freedom of testation is a core value of South African law and enjoys wide protection. In 1990, the Maintenance of Surviving Spouses Act, was passed to give a spouse legal recourse if disinherited or negatively affected by […]