Legal Speak Made Easy: “Dormant Trust”

Legal Speak Made Easy: “Dormant Trust”

“Dormant Trust” You will see and hear the phrase “dormant trust” bandied about a lot, normally in relation to what ongoing duties the trustees of non-active trusts do and don’t have. Be warned that SARS says that there is no such legal concept as a “dormant trust” and...
Your Dormant Trust Is Not Invisible to SARS

Your Dormant Trust Is Not Invisible to SARS

Your Dormant Trust Is Not Invisible to SARS “Things do not go away. They go somewhere.” (Annie Dillard) Many trustees assume that a dormant trust can be safely forgotten. No income, no assets, no transactions … No problem. SARS has made it clear that this assumption...
One Bad Letter and Your Eviction Falls Apart

One Bad Letter and Your Eviction Falls Apart

One Bad Letter and Your Eviction Falls Apart “The single biggest problem in communication is the illusion that it has taken place.” (George Bernard Shaw) Many landlords assume that once a tenant stops paying rent, an eviction order will inevitably follow. A recent...