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...
by Sentinel | Jun 11, 2015 | Advisory Services
Summary of the meeting between the Society of Trust and Estate Practioners and Treasury: “Treasury was most welcoming to our delegation, and we must commend them on the open and frank nature of discussions we were able to have. They offered insights into their...
by Sentinel | Jun 10, 2015 | Advisory Services
There are two types of joint ownership in UK; ‘tenants in common’ and ‘beneficial joint tenancy’. Tenants in common means that each of the parties own, legally and beneficially, a part of the whole and upon death that part vests in the executor of the estate and...