by Sentinel | Jun 11, 2015 | Advisory Services
Current use of General Powers of Attorney As people get older and frailer, a practical solution is often for a family member, attorney, accountant or financial advisor to obtain a general power of attorney from that person (the principal), so that the trusted person...
by Sentinel | Jun 11, 2015 | Advisory Services
A true case study – Current Mr. A and Mrs. B had a joint will drafted in 1987. Mr. A passed away in 1991 leaving the residue of his estate to his surviving spouse. Mrs. B did not draft a new will after her husband’s death and survived him by 22 years. The Master of...
by Sentinel | Jun 11, 2015 | Advisory Services
Section 9.1 of the Trust Property Control Act 57 of 1988 states: “A trustee shall in the performance of his duties and the exercise of his powers act with care, diligence and skill which can be reasonably expected of a person who manages the affairs of another”...
by Sentinel | Jun 11, 2015 | Advisory Services
Mauritius has been a popular destination for international investors wanting to invest in other jurisdictions. The main reasons for this are that Mauritius: has a vast network of treaties with countries around the world providing for the avoidance of double taxation...
by Sentinel | Jun 11, 2015 | Advisory Services
If a South African individual owns foreign (offshore) assets, the question arises as to whether more than one Will is required. The reason for this, is that the provisions in a Will made in one jurisdiction may not necessarily be recognised in another jurisdiction...
