South Africa Law

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I inherit residue of my Late dad's estate My sister inherits
Good dayI inherit residue of my Late dad's estate My sister inherits a bequeath of R 2 mil into a will trust.My late dad and myself own a close corporation with 50/50 shareholding There is a loan acco… read more
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I am trying to find out what voluntary liquidation of my cc
Hi, I am trying to find out what voluntary liquidation of my cc would require … read more
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My ex wife has received a warrant of execution for movable
My ex wife has received a warrant of execution for movable property. She is the sole member of CC, which stopped trading in August 2014,as the business was financially distressed. The CC has never bee… read more
CaseLaw
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Pls help. Member of a cc died and left no will. The business
hi, pls help. Member of a cc died and left no will. The business still operating however a lot of debt has been left outstanding. Can family sell business? Is the new owner that buys it responsible fo… read more
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My dad lives in Australia, but is terminally ill. He has permanent
My dad lives in Australia, but is terminally ill. He has permanent residence status in South Africa His only assets left in South Africa are a bank account with the Standard Bank with less than Rand 1… read more
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Good day, I hold 34%shares in a cc, the other 2 shareholders
Good day, I hold 34%shares in a cc, the other 2 shareholders hold 33% each. we do not have an agreement or articles of association. I have someone that wants to buy my shares, the other shareholders d… read more
WCLawyer
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My wife and I used to live and work in South Africa as non
My wife and I used to live and work in South Africa as non RSA citizens [ UK and Irish] with permanent resident permits we were married in Johannesburgh in community of property. We left RSA in 1992, … read more
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who qualifies to inherit the estate of a deceased who died
who qualifies to inherit the estate of a deceased who died without leaving a will in south africa… read more
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Would you please outline the duties of a nominated executor
Would you please outline the duties of a nominated executor of a deceased estate where the deceased left no will and there is a surviving spouse.… read more
Bert274
Bert274
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my dad passed away in the UK, where he was domiciled - he has
my dad passed away in the UK, where he was domiciled - he has a couple of bank accounts in South Africa but the named SA executor has renounced their executorship - am I correct in thinking I now get … read more
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My daughters employer is now deceased. She has received no
My daughters employer is now deceased. She has received no salary since February and has also not been issued with notification of dismissal or retrenchment. No one will fill in the UIF forms. Please … read more
inciteadvisor
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If property is purchased in the name of a cc (with four members),
If property is purchased in the name of a cc (with four members), how does the Loan Account reflect on the Balance Sheet? If he property is currently valued at, e.g., R1,000,000 and the deceased party… read more
inciteadvisor
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In the event of a sole member of a cc, FNB has frozen the business
In the event of a sole member of a cc, FNB has frozen the business account and salaries can not be paid. I hear that it takes up to 3 month for the master to appoint an executor.… read more
Barend B.
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In the event of death of a sole member in a CC, what are the
In the event of death of a sole member in a CC, what are the rights re. the spouse in the company in order to keep it running even though he/she is the sole beneficiary of said company?… read more
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When liquidating a cc, with one member only, member has not
When liquidating a cc, with one member only, member has not signed any sureties, and memeber is active as a sole member in another cc, how would this liquidation affect the member wrt the 2nd cc and p… read more
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I invested R150 000 with Jasmin Ebrahim, a director of a company
I invested R150 000 with Jasmin Ebrahim, a director of a company World Focus 899 cc. I received a contract stipulating the investment is used to purchase a truck to transport coal to Eskom. With a lob… read more
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My aunt emmigarted to London in 1963 and has become a British
My aunt emmigarted to London in 1963 and has become a British citizen. She has farming property in south africa. She has recently passed away. She was never married and has no children. The only survi… read more
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If a man dies with no will and leaves behind a trust with a
If a man dies with no will and leaves behind a trust with a trustee and executor (the trustee and the executor is the same person) and he is not legally married, but has been living with the same woma… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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