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Can we get one life policy to cover a lender and a shareholder?

5 Oct 2020
Such policies are generally taken out between spouses and not found in a business environment – and there is generally no cost benefit compared with taking out separate policies on each life.

Do we have recourse against Ecsponent-punting brokers?

2 Oct 2020
There are several possible steps: lodge a complaint with the brokers. If the outcome's unsatisfactory, approach the ombud. If the loss exceeds R800 000, consider instituting a civil claim.

How do we amend an inter-vivos trust amid lockdown restrictions?

30 Sep 2020
With Covid-19 travel limitations there is no way we can get the necessary documents originally signed by my son.

What is the best way to spend my tax refund?

28 Sep 2020
Putting it into an RA, settling debt, investing in a tax-free unit trust, or using it as a deposit for a money market account?

Should I use most of my provident fund as capital in a new business?

25 Sep 2020
Quantify the business risks: this represents the majority of your pension, and you don't have time on your side to build it up again.

Which is more tax-effective: putting R1.5m in a unit trust or my access bond?

23 Sep 2020
A third option exists that may be the perfect solution.

Can all my investment allocations in my provident fund be invested offshore?

22 Sep 2020
Unfortunately not. The best thing is to look at the total allocation of your provident fund to ensure the maximum of 30% offshore exposure is fully utilised.

What are the tax implications of transferring my RAs into a living annuity?

17 Sep 2020
Transfers to a living annuity are done on a tax-neutral basis, but there are a few things to be aware of.

Can I split my retirement savings into two living annuities without incurring tax?

16 Sep 2020
It's not necessary – diversification can also be achieved within one vehicle.

How would an offshore dividend be taxed?

15 Sep 2020
Most foreign dividends are taxable at a maximum effective rate of 20% via the normal tax system.

Would it be better to invest R500k or deposit it into my bond?

10 Sep 2020
The decision is not as simple as one might think.

If a minor inherits immovable property, can it be managed by their guardian?

9 Sep 2020
And how many immovable properties can be bequeathed without needing to pay transfer duty?

Should I invest in overseas feeder funds or overseas rental property?

8 Sep 2020
The two differ significantly in terms of risk, possible returns and diversification opportunities.

Can I reduce my monthly bond premium instead of the repayment term?

3 Sep 2020
You can. After making your lump sum payment, inform your bank that you want your monthly premiums adjusted accordingly.

Should I invest my emergency fund in a tax-free investment while I look for work?

2 Sep 2020
Whichever product you choose, you should be able to access it when necessary and it shouldn't be exposed to the volatility of the listed share markets.

What are the tax implications of my business making donations to a trust?

1 Sep 2020
Before making donations from funds in your CC, make your tax-deductible contribution to a retirement fund.

Where can I open a tax-free investment where I benefit from compound interest?

13 Aug 2020
Investing with a wealth manager on an investment platform and following a unit trust approach is one option.

When I die, will stocks held in a US stock exchange through a UK bank be regarded as US or UK assets?

12 Aug 2020
The location of the asset, not the stockbroking account, is what counts.

Will a dollar/pound investment safeguard the value of my money?

11 Aug 2020
Foreign cash in the bank is likely to face the headwinds of inflation, low-interest rates and potential costs.

My husband’s preservation fund interest is low. What are the alternatives?

6 Aug 2020
The first step is to determine whether the current asset allocation is appropriate.

Is it wise to invest in property before emigrating?

18 Mar 2021
It is not advisable to tie your capital into South African property as you will need as much liquid capital as possible when emigrating.

I’ve inherited R200k. What’s the best way to invest it?

1 Apr 2020
There are several factors that need to be considered before embarking on your investment journey.

Can I retire from just one RA?

22 Jan 2018
Reporting on this RA is poor and I would like to retire early and turn it into a living annuity, or preserve it.

How much capital will I need to retire comfortably?

9 Jul 2021
I contribute to a provident fund, retirement annuity, and a tax-free savings account monthly. Is there anything else I should consider to ensure the best outcome for my retirement?

Living annuities: Is a drawdown best taken from a local fund?

10 Nov 2020
If the aim is to get maximum global exposure and the drawdown is taken 100% from local funds, how much should be invested in the local fund?

Will I have to pay penalties for transferring my RA?

22 Apr 2021
Can the company enforce its terms and conditions without a signed contract?

Is it a good idea to invest in the SA property market?

24 Feb 2021
On a valuation basis property does show upside potential, but there is a large degree of uncertainty.

I want to use some of my pension on debt and a deposit on a house

10 Aug 2018
Where can I transfer the remaining funds without incurring too much tax?

What are the tax implications of transferring my RAs into a living annuity?

17 Sep 2020
Transfers to a living annuity are done on a tax-neutral basis, but there are a few things to be aware of.

How can I access part of my annuity?

28 Jan 2019
I was retrenched in August 2015 and need to buy a property with some money left in my RA.

I’m about to reach 65 – do I resign or retire?

11 Jul 2017
I have two options, namely retirement or resignation from government service.

What is the most tax-efficient way to sell a property in a trust?

2 Nov 2017
... and where do I invest the proceeds if I'm planning to retire in 5-10 years?

Two investment options for your child’s future

3 Oct 2017
I'm not completely convinced that the education policy route is the best way to go. I’ve reached an impasse.

Can I offset my R1.5m assessed capital loss with Sars?

19 Apr 2018
What can I do to maximise the utilisation of this tax vehicle?

Should I continue with my home purchase after lockdown?

22 Apr 2020
In the current environment you may find that it comes within the price range of more buyers, but there are a number of factors to consider.

What would the executor’s fee be on a loan to my children?

UPDATE
22 Jul 2018
I want to give each of my children R500 000 to pay me a set monthly income.

I’m 50: Is it too late to start saving for retirement?

27 Jun 2017   /  2 answered
I have never had the luxury to save for my retirement. I want to contribute to a fund now: is this possible?

Should I take a bond on paid-up rental property to invest offshore?

8 Apr 2020
It wouldn't be wise to put yourself in debt to fund an offshore investment.

Is a tax-free fixed deposit the best way to use my tax-free allowance?

28 Jul 2020
Or should I invest in a unit trust or ETF portfolio?

Can I withdraw funds from my pension fund to settle my medical bills?

17 Aug 2021
We recommend that you stop the transfer process of your pension fund as soon as possible if you are able to, and rather take a cash withdrawal directly from the fund.
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