by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
156 – HOW TO REDUCE THE RISK OF HAVING ALL YOUR INVESTMENTS IN SOUTH AFRICA Question I am concerned about the safety and security of our investments in South Africa. We do not intend emigrating but would like to ensure that we protect our assets. Answer South...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
160 – TAX-EFFICIENT WAYS OF BEQUEATHING OFFSHORE ASSETS Question I recently joined a company that has a group retirement annuity scheme. We all have our own retirement annuities, and the company pays the premiums with half of it coming off our income as a salary...
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Offshore, Tax
163 – BEWARE OF THE TAX IMPLICATIONS OF LIVING OVERSEAS Question I have R3 million in retirement savings and am looking for an income of R25 000 a month. Should I pass away, I would like my wife to receive the same pension that I received. I would also like...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
165 – INHERITANCE IMPLICATIONS FOR CHILDREN LIVING OVERSEAS Question I have children who are living overseas. They never emigrated officially, and are now citizens of the countries they are resident in. They have absolutely no assets in, or income from, South...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
169 – STRATEGISING HOW AND WHERE TO INVEST EFFICIENTLY Question I will be retiring in 10 years’ time and am currently paying the maximum into my retirement savings. I have extra funds that I can invest. Would you recommend that I use these to pay off my bond or...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
180 – Reasons why the setting up of a will is crucial Question A lot of companies are offering free wills at the moment. What is the catch and is a will really necessary? Answer Take a look at who is offering the free wills and their motivation for doing so. It...
