Death is inevitable, and so are taxes. But you have ample flexibility to decide how much you pay the taxman - and what your loved ones get to keep - after you die. The trick lies in planning your estate, creating a plan of what will happen with everything that you own or control.

People often conflate the drafting of a will with proper estate planning. A will is a legal document and it gives your family and the executor of your estate a good idea of what they should do with everything you own...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.