Legal Speak Made Easy: “Mandament van spolie”

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...
Legal Speak Made Easy: “Mandament van spolie”

Legal Speak Made Easy: FICA v RICA

Legal Speak Made Easy FICA v RICA We’ve all grumbled about being endlessly FICA’d and RICA’d. “Waste of time,” we mutter as we wade through all the red tape yet again. Compliance certainly is a hassle, but don’t blame the bank, service provider or conveyancer who asks...