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Estates, Wills & Trusts

Estate planning is very important for the proper administration of assets in the event of death. It is also essential should you have a specific wish with regards to an inheritance or bequest.

VTC supports their clients in providing them with a full spectrum of services which includes the assistance of planning, advice with regards to an estate with immovable property and also in the case of a property being hypothecated with a mortgage bond, establishing a trust, drafting a will and transferring immovable property from a deceased to the beneficiaries.    

Wills can be very simple or quite complex depending on the client's estate and wishes. VTC approaches each client’s case knowing that every situation is unique. Our attorneys can advise you on the range of options available and recommend those that suit your unique situation.

Everybody should have a Last Will and Testament. Even if you do not own assets right now, the time may come when you will accumulate assets. Should you pass away without a will, your assets will be dealt with according to the law of intestate succession, irrespective of your wishes with regards to your assets.

We will help you to explore all of your options for administering your estate and will guide you through the process of creating the best estate plan possible.

VTC’s attorneys and conveyancers have gained the necessary experience over many years to deal with any type of an estate no matter the complexity.

Insolvent Estates and Trusts

We have dealt with numerous insolvent estates and trusts. Our Director Abdullah Salie is an expert in the field of trusts and the administration of insolvent estates.

As an alternative to insolvency litigation, this department accepts appointment as liquidators and trustees in various insolvent estates.

Our services in terms of wills, estates and trusts include:

  • Planning of estates and trusts
  • Drafting of wills and trusts
  • Updating of wills (codicils)
  • Administration of deceased estates
  • Application of curatorship
  • Safe custody service for wills where we are the nominated executor
  • Administration of Trusts
  • Business and family trusts
  • Establishing of inter vivos trusts
  • Tax implications and advise in respect of trusts and estates.

Contact our attorneys in Cape Town for assistance with estate planning, drafting of your last will and testament and the administration of business and family trusts.


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Types of Marriages and their effects on Matrimonial Property

South African law recognises two marriage systems, civil marriages and customary marriages.

It is commonly, and incorrectly, believed that couples, whether heterosexual or same-sex, living together for a long period of time results in a common law marriage, thus giving each spouse the equal protection of the law. South African law does not give automatic rights to partners in a cohabitation relationship.

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Posted by Umar Khan on Tuesday, April 10, 2018 Views: 434



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The costs involved when purchasing a property

Buying a home is the biggest financial commitment that most people will make in their lifetime. Wouldn’t it be lovely if the price tag on your new home was all you had to pay?

In reality, there are several hidden and not-so-hidden costs associated with buying property. It is worth planning for these in advance of transfer so that you can be sure you have the funds in place.

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Posted by Megan Basson on Tuesday, April 10, 2018 Views: 549