by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
181 – Buying an investment property? Here are some numbers to crunch Question I need some financial advice regarding an investment property. I intend selling my existing property for R2m. I will use R1m as a deposit on a new property and invest R1million in a 5...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
182 – Tax-savvy tips around estate duty and other fees Question I am an 80 year old widow and have R5m investment that will be maturing shortly. This provides me with an income of R33 000 a month on which I pay R5 000 in tax. As I also own a property, I am...
by adminfwc | Nov 19, 2024 | Estate Planning, Offshore
15 – The pitfalls of owning foreign property Question We recently sold a property and want to invest the proceeds offshore. Our children are living in England, so we are thinking of buying a property there. We can use it when we go and visit the grandchildren...
by adminfwc | Nov 19, 2024 | Estate Planning, Financial Planning
17 – Retirement annuities are a great estate planning tool Question I retired three years ago and receive a passive income from my business. I own a retirement annuity, which is still active. My broker says I should continue contributing to it. Is this the right...
by adminfwc | Nov 19, 2024 | Estate Planning, Investment, Offshore
20 – Death and offshore assets Question My father has several investments in South Africa and offshore. He wants to be able to transfer wealth as easily as possible to his children and grandchildren. I have been helping him here but am coming across terms like...
by adminfwc | Nov 19, 2024 | Business, Estate Planning, Investment, Retirement, Tax
22 – How to reduce estate duty and executor fees Question I discovered that my parents do not have a will and have done no estate planning. My father says that he does not have enough assets to have to pay estate duty. Is he doing the right thing? Answer If you...
