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...
by adminfwc | Nov 19, 2024 | Investment
24 – An alternative to fixed deposits Question I am 75 and my husband is 80. We have been using our savings in fixed deposits to provide us with an income. These fixed deposits are coming up for renewal this month. The income we can get is almost half of what we...
by adminfwc | Nov 19, 2024 | Estate Planning, Investment
28 – Bitcoin Question A number of my friends have made a lot of money by investing in Bitcoin. Should I invest in it? Answer If you invested R100,000 in Bitcoin a year ago, it would be worth more than R500,000. Go to any social gathering and you’ll hear people,...
by adminfwc | Nov 19, 2024 | Investment
29 – Do you pay off debt or invest? Question I retired three years ago, with half my income coming from my company pension fund and the other half from interest from investments. I am paying tax at a rate of 41%. Is there anything that I can do to reduce this...
by adminfwc | Nov 19, 2024 | Investment
31 – Clever investment structures can save you a lot of money Question I retired three years ago, with half my income coming from my company pension fund and the other half from interest from investments. I am paying tax at a rate of 41%. Is there anything that...
by adminfwc | Nov 19, 2024 | Investment
33 – An alternative to Money Market investments Question I have R3-million in a money market account. The returns have not been that great. I am 75 and my wife is 70, and we use this money to supplement our pensions. Can you suggest an alternative investment for...
