Daily Maverick Articles

When it comes to setting up alternative electrical supplies, there are two aspects to consider: convenience and investment.

Owning and running your own business can be one of the most rewarding yet challenging experiences that anyone can face. It is however important to have a plan in place that your business can continue to function and provide for your family should you pass away.

Taking the time to have your affairs put in place will bear fruit when the time comes for a plan to be put into action, and your loved ones will thank you for it. Let's sit and talk about the implications on intestate succession, and the impact it could have on the economic health of your nearest and dearest.

When I do financial and estate planning for people, one of the factors that I take into account is access to funds. Your spouse and family need to have access to funds while your estate is being wound up.

Bringing new life into the world is one of the greatest achievements and responsibilities anyone can undertake. Having the correct structures in place ahead of time to welcome a baby into the world is a vital part of family planning, so let's take some time and discuss this in depth.

Many people overlook and underestimate just how valuable their practices are, and as the song goes, "you don't know what you've got 'til it's gone". Make some time to have your practice valued and put the correct systems in place for you to extract the maximum amount of value to leave the business behind and retire comfortably, or alternatively if you should pass on that your family is looked after.

Dealing with the burden of retrenchment is never easy, but with some clever movement, the transition period can be quite manageable. Let's discuss this situation and prepare ourselves for a possible "worst case scenario", so should you be dealt that unfortunate hand you can get ahead of the game as fast as possible.

Going into retirement and deciding what to do with your pension is quite a hot topic, and with many things in life, there's no right or wrong answer. It's a case of choosing what works best within your situation or plan, so let's discuss these options so that you (along with our financial adviser) can make an informed decision.

Sometimes being a good person can quite literally come at a price. Many people are oblivious to the existence of donations tax and the rates it includes. If you're fortunate enough to be able to help someone financially, you should be aware of this and know of the possible ways of circumventing the extra costs it can attract.

Investments, along with many other things in life, comes with its own myriad of risks. It's important to be aware of how your money grows and be able to make decisions based on your findings. Let's assess the world of annuities, drawdown rates and the volatility within the market together.

A question I've been asked recently is about the costs relating to the handing over of property that is bequeathed to a family member in a loved one's estate. Let's unpack this loaded situation together so that you know what the better angle is if you should end up in a similar position.

Sometimes in life the things we do could end up biting us where it hurts, and in the world of finances it's unforgiving. Here are a few things to consider when you draw up your will to avoid a snowball effect that could lead to impending disaster.