Whatever your plans for your vacation away, it’s a good idea to make sure all your paperwork is up to date and that you and your family are completely covered.
After the recent unrest which saw widespread looting and vandalism suffered in areas of Gauteng and KwaZulu-Natal between 9 and 19 July 2021, the loss count has revealed the true impact as devastating. In instances such as this, businesses might typically turn to their insurance provider to compensate for the losses. However, the catch is that most insurers do not cover political unrest and looting.
In this economic review, we focus on events that moved the market in Q2 2021. Globally we’ve seen things improving dramatically, however on the local front there is still some volatility.
Death and taxes are still very much a certainty. Estate duty is a form of tax that is levied on the deceased estate. The purpose of estate duty is to tax the transfer of wealth (assets) from the deceased estate to the beneficiaries. Estate planning is one of the most crucial areas of financial planning.
94% of South Africans cannot afford to maintain their standard of living once they retire. To have a comfortable, secure and fun retirement, you need to build the retirement plan that will fund it all.
Justin Els
July 21, 2020
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