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ESTATE PLANNING: PART 3

TIPS AND TRICKS In Part One, I touched on the importance of proper housekeeping. Apart from the need to ensure that your will is in a safe place (and losing the original will can pose serious problems, since the Master is bound not to accept copies), there is further information which will considerably assist those …

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ESTATE PLANNING: PART 2

YOUR WILL In part one, we kicked off our series on estate planning by emphasising how important it is to get your affairs in order so that, amongst other things, you don’t leave a dog’s breakfast behind you on your demise. That we will all die one day is a scary thought for many, but …

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ESTATE PLANNING: PART 1

Putting your house in order: Despite popular belief, the size of your estate should play no role in deciding whether or not you need to plan your estate. If you have assets then you have an estate, and what you do with your estate warrants your serious consideration. We will all leave the mortal coil …

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MORA INTEREST

Mora is a Latin term which denotes the elapsing of time or a delay. Mora interest accrues where payment is overdue (delayed) and no interest rate has  been agreed between the parties. In order for a creditor to become entitled to such interest, there has to be a demand for payment made to the debtor …

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