by adminfwc | Dec 2, 2024 | Financial Planning, Investment, Offshore
183 – Measures to take to ensure that your offshore assets are protected Question A friend’s husband passed away earlier this year, and the executor says it will take at least three years for his estate to be wound up because he owns shares in America and the UK. This...
by adminfwc | Nov 20, 2024 | Financial Planning, Offshore
121 – Why you should have separate offshore wills 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...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
132 – Trying to time the markets with your investments is not optimal Question I have a fixed deposit that has just matured and I want to reinvest it. I don’t know where I should invest the money as I am very worried about what is going to happen in the...
by adminfwc | Nov 20, 2024 | Estate Planning, Investment, Offshore, Tax
136 – Familiarise yourself with the tax burden on investment returns Question I have R4m to invest to provide an additional income to meet my monthly obligations. I am working and paying 36% in income tax. Where can I invest this money and draw an income and...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
137 – Spreading your wealth across various asset classes Question A lot of my friends have been talking about a potential financial crash in South Africa and that we should move all our assets offshore. I am scared that we may end up with a situation where all...
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Offshore, Tax
140 – Situs tax: a potential thorn in the side if you’re not careful Question My financial advisor has told me that I could be liable for situs tax on my offshore investments. I have never heard of this before. Is there such a thing? Answer As we...
