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A trustee acting without letters of authority is one of the most common and most costly defects in South African trust practice. The trust deed names the person as a trustee. The other trustees treat that person as a trustee, and the bank, the estate agent and the...
You suspect that the financial picture your spouse has put on the table is not the real one. The salary looks modest against the lifestyle. The business is suddenly said to be worth very little. The trust, you are told, owns everything. Your attorney tells you that...
Pension interest in a divorce is often the largest single asset either spouse owns, and it is also the asset most frequently lost through a badly drafted order. A retirement fund is not obliged to pay anything simply because a decree of divorce says so. The fund pays...
