Estates and Trusts (Tax Expert Is Back!)

Comments · 13

• MA

  @Matt77504 · 1 day ago

  Superb!

• SS

  @ssbob6101 · 4 days ago

  “But in terms of business mistakes that I’ve seen over a long lifetime, I would say that trying to minimize taxes too much is one of the great standard causes of really dumb mistakes. I see terrible mistakes from people being overly motivated by tax considerations.” Charlie Munger

  5

• MA

  @MarkSeymour-g6h · 3 days ago

  Very informative

• JO

  @Josh_Visser · 1 day ago (edited)

  If I open a trust where I am both the trustee and the beneficiary and then open a pty that is owned by the trust would I have an issue with SARS saying that the assets accumulated within the pty are still owned by me as an individual as I both control an benefit from the assets still?

• BR

  @BrianLawrence-v9b · 14 hours ago

  Thanks for a great podcast<br>Is CGT payable by the owners Estate on the following investments or will the beneficiaries pay CGT when distributed?<br>1)Provident preservation fund<br>2)Retirement Annuity<br>3)Unit trust investment.

• HO

  @Hoosain-w5d · 2 days ago

  My question is, does the foreign business owners pay any tax or vat? My dad knows a Bangladeshi businessman buying properties cash in cape town. He says he pays zero tax. These guys are scoring while we losing big time.

• NO

  @nomvulakeami254 · 4 hours ago (edited)

  But, at this rate I think it is safe to say that SARS is the greediest of us all😮😮 ... I mean it is always just taking from us even beyond the grave😅

• SS

  @ssbob6101 · 4 days ago

  So if a family invests primarily in shares you will be paying 45% CGT on all draws from this trust structure whereas if in personal name the draws are taxed at max 18% and approx 40% when someone dies. Seems better off to at least most of the time be taxed at 18%. Is this trust game just a complex trap for FI’s to extract more fees??

  4

• HE

  @heinricheksteen6712 · 2 days ago

  Question: why wont you put your house your living in, into the trust? Wont it be good if for instance you have a business, to secure your house in a trust from a business failure?

• IS

  @ismailkarolia9721 · 5 days ago

  Why do you have an address in USA